By implementing sound governance and transparency procedures, Andijan Oil and Gas consistently aspires to excellence. Andijan Oil and Gas’s operations and affairs have always been managed with a strong emphasis on good corporate governance. We think that the organization’s innate culture and overall perspective are the root causes of strong governance processes. At Andijan Oil and Gas, corporate governance is nothing more than an expression of the values and policies that underpin our organization. Ensuring equity, openness, and responsibility in every process is essential to every work procedure at Andijan Oil and Gas.

According to international standards, 60.8% of businesses met the requirements in 2022, improving from 60.9% in 2023. A single shareholder has selected a structure that includes the shareholders, the Board of Directors, and the Centralized Internal Audit Service. Effective corporate governance is one of the most crucial factors in assessing a company’s competitiveness. The company cannot expand if there is not a strong enough system in place to keep an eye on the interactions between the Executive Board, Board of Directors, and Shareholders, and if investors do not trust that the management of the company is making prudent use of their funds to raise capitalization.

To ensure adherence to the best practice corporate governance standard, Andijan Oil and Gas’s corporate governance has been undergoing yearly diagnostics since it was approved. The diagnostics identify the governance framework’s shortcomings and reveal strategies to improve the company’s governance. Initiatives for corporate governance reform are being initiated in response to the diagnostic findings to ensure compliance with international best practices. The corporate governance of Andijan Oil and Gas has been audited annually since approval to ensure that it conforms with best practice standards.