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The PACO’s business is conducted by its managers and corporate officers led by the chief executive officer. The Board's Governance, Organization and Nominating Committee periodically reviews the Company's corporate governance principles and current practices. The Board and the corporate officers recognize that the long-term interests of the company are advanced when they are responsive to the concerns of communities, clients, partners, employees, public officials. |
| Furthermore, the Board has adopted a Code of Ethical Business Conduct, and Law of Business, Rules of World Bank of tendering to focus areas of ethical risk, provide guidance to help them continue to effectively recognize and deal with ethical issues, enhance existing mechanisms to continue the reporting of unethical conduct, and help to continue to foster and sustain a culture of honesty and accountability. | |
