System Development Policy &

Procedure
Effective organizational structure of a company has to
consider
To fulfill the strategic objectives of the company.
To ensure efficiency and effectiveness in work processes.
To determine extent of centralization /decentralization to
ensure empowering and accountability in decisionmaking.
To avoid unnecessary and undue combination of
functions.
Communication.
Specialization
Flexibility

Internal Control

Organizational Structure
of OIC
General Meeting of Shareholders;
Board of Directors
The Chief Executive Officer

Executive Officers,
Department Managers and
Services Managers

General Meetings of Shareholders

Board of Directors
Chief Executive Officer
Operations Dept
SP & Marketing Services
Finance Investment Dept
Internal Audit Services
HR & Facility Mgt Dept
Life Insurance Dept
Legal Services

IT Services

Operations Department

Insurance Operations Dept

Risk Management Services

Compliance Services
HR & Facility Mgt Dept
Finance Investment Dept