The Board of Directors is responsible for the strategic management of the Helsana Group. At the Helsana Group's Annual General Meeting on May 21, 2021, the shareholders elected Joachim Masur to the Board of Directors. He succeeds Daniel Loup, who did not stand for re-election. In Joachim Masur, the Helsana Group’s strategic management gains a proven finance and insurance expert who will strengthen the Group, particularly in the areas of risk and audit.
The Helsana Group Board of Directors consists of a Chair and nine members, all of whom are non-executive members of the Board. None of the members sat on the Executive Committee of any Helsana Group company in the past five financial years, nor does any Board member have any business relationships with the Helsana Group or its companies that could influence their activities as members of the Board of Directors.
Members of the Board of Directors are each elected individually by the Annual General Meeting for a term of office of one year. Re-election is possible. The total term of office is capped at 16 years. For more details on the Chair and members of the Board of Directors, please visit www.helsana.ch/en/helsana-group/about-us/board-of-directors.
3.1. Internal organization
The organizational structure of the Board of Directors and the Executive Committee is governed by the Organizational Regulations. These set out the tasks and responsibilities of the Board of Directors, its committees, the internal auditors and the Executive Committee, as well as reporting requirements.
The Board of Directors is the Helsana Group’s highest management authority. Four standing Board committees support the work of the Board of Directors, including coordinating, commenting on and preparing its resolutions. They may be supplemented by additional specialist committees for special tasks. The Board of Directors meets at least four times a year - or more frequently depending on business developments. It met 15 times in the 2021 financial year.
Four standing committees support the work of the Board of Directors
3.2. Internal Audit
Internal Audit supports the Board of Directors in performing its work, and provides independent audit services with the aim of improving risk management, the internal control system (ICS) and business processes. It coordinates its work with the external auditors as well as with internal assurance functions. Internal Audit applies a risk-based approach to its work. Internal Audit reports to the Chair of the Audit and Risk Management Committee, and reports to the Board of Directors on a quarterly basis.