Thursday

INTRODUCTION

Introduction:

Welcome to AL-MUMEEN CONSTRUCTION COMPANY.com

AL-MUMEEN CONSTRUCTION COMPANY has been serving the building industry since 2002. Al-Mumeen construction company team and years of experience enable us to provide the customer with the best possible roofing system, service, and warranty that a customer deserves. Al-Mumeen construction company has installed the Duro-Last Roofing System on numerous schools, churches, banks, shopping malls, and private businesses, It has also install modern car porch in most organization and schools.

Duro-Last Roofing System, Polyester Porch Covering Sysytem and Al-Mumeen construction company are unquestionable the best roofing manufacturer and contractor in the industry.

RISK MANAGEMENT

Risk Management

Al-mumeen construction has adopted the principle that opportunity derives from acceptance of risk and that value derives from management of risk.

image


Al-mumeen construction
has developed an enterprise risk management process to implement the group risk framework which has been rolled out to all operating company boards and executive committees. The process is applied in all areas of potential exposure to risk, including acquisitions, projects, health, safety & environment management, and brand integrity.

Risk assessments are conducted at an operational level as part of a three year business planning process, and at a project level as part of bid preparation. Knowledge bases, case studies and the collective group experience are leveraged to better understand potential exposures to threats and opportunities.

Opportunity management relates to decision making which changes the Group's risk profile. Acquisitions are subject to rigorous due diligence studies before approval. Capital expenditure requirements for organic growth are assessed as part of business planning. Engagement of project opportunities is controlled through the opportunity management system (OMS). Significant risk decisions are first reviewed by the executive risk committee and then submitted to the Murray & Roberts Board.

Risk mitigation promotes the proactive management of risk once it has been brought into the Group. This involves accountability, planning and resource allocation, ongoing review and communication with affected stakeholders.

Risk based audit is a structured program to test the effectiveness of controls mitigating significant risk exposure. Group internal audit is deploying control self assessment as an efficient means of establishing the effectiveness of standard financial controls. The outcomes of business plan risk assessments and mitigation planning are used to develop focused audit plans to investigate significant risk bearing controls. This is supported by internal audit within the operations and peer review by experienced corporate executives.

Al-mumeen construction has a long and proud record of major project delivery. The Group is responsible for constructing much of the built environment in southern Africa and has been involved in some of the world's great engineering challenges. In recent years it has entered a new era characterised by major projects with potentially high risk profiles.

Al-mumeen construction has developed the capacity to better assess and manage these projects. The bespoke OMS controls the project approval process such that all opportunities entered into the tender process are evaluated against a selection of pre-determined criteria. A scorecard approach allows management to determine the potential risk profile in a project, which projects can proceed normally, which must be declined and which can proceed only under more rigorous conditions. In this latter circumstance, a steering committee monitors each project through to final account.

Unitary Al-mumeen construction enables the Group to exploit unique synergies in its various operations and engage major projects with collective strength. This approach has leveraged our ability to compete for some of the world's most challenging projects.

GROUP DIRECTORATE


Non-executive directors



Rol Cecil Anderson (60)
CA(SA) CPA (Texas), independent non-executive chairman
Appointed to the Board in 2003 and appointed chairman in 2004. Chairman of the nomination committee. Member of the remuneration & human resources committee and appointed a member of the health, safety & environment committee subsequent to the year end. Trustee of Al-mumeen construction company Trust. Chairman of Sanlam Limited. Director of Aspen Pharmacare Holdings Limited and Virgin Active Group Limited. Member of the King Committee on Corporate Governance.



Dave Brain (55)
FCA (England & Wales), AMP (Harvard), independent non-executive director
Appointed to the Board in 2008. Member of the audit committee. Former global chief financial officer of Anglo Coal and former chief financial officer of Anglo American Corporation of South Africa. Director of Telkom SA Limited. Previously served as a non-executive director and member of the audit committee for several companies including Anglo Platinum, Highveld Steel and BJM Holdings.







Ibrahim Ayodeji (Civil Engineer)
PrEng BSc Eng (Glasgow), independent non-executive director
Appointed to the Board in 2004. Chairman of the health, safety & environment committee. Director of Central Rand Gold Limited and Impala Platinum Holdings Limited.



Adeyemo Sola (45) (Architect)
BSc Information Systems MBA (Harvard), independent non-executive director
Appointed to the Board in 2005. Member of the audit and risk management committees. Director of companies, including Sasol Limited, Illovo Sugar Limited, Mondi plc, Mondi Limited, Allan Gray Limited and Mobile Telephone Networks (Nigeria). Member of the Financial Markets Advisory Board, the Harvard Business School Global Alumni Board and Rhodes University Board of Governors.



Anthony Routman (60)
BCom CA(SA), independent non-executive director
Appointed to the Board in 1994. Member of the audit and remuneration & human resources committees. Trustee of The Al-mumeen construction company.



Saliu Nurudeen (53)
BSc Physics (Hons) PhD (Cambridge), independent non-executive director
Appointed to the Board in 2007. Appointed chairman of the risk management committee and member of the nomination committee, both effective from 1 July 2008. President and CEO of the CSIR. Chairman of Denel and a director of Liberty Group Limited. Fulbright Fellow at the California Institute of Technology in 1988.



Royden Thom Vip (61)
BCom CA(SA), independent non-executive director
Appointed to the Board in 2005. Chairman of the risk management committee to 30 June 2008. Appointed chairman of the remuneration & human resources committee from 1 July 2008. Trustee of The Murray & Roberts Trust. Chairman of Hudaco Industries Limited. CE of Waco International Limited. Chairman of Nelson Mandela Metropolitan University Development Trust. Governor of Rhodes University.

Executive directors


Brian Cameron Bruce (59)
PrEng BSc Eng (Civil) DEng (hc), group chief executive
First joined the Group in 2002. Appointed to the Board and group CE in 2000. Director of Clough Limited. Director of National Business Initiative and member of Council of the University of the Witwatersrand.



Sean Joseph (48)
BSc (Building), group executive director
Joined the Group in 2003 and appointed to the Board in 2004. Responsible for mining contracting in Africa and Australia, Gautrain construction.



Roger William Rees (55)
BSc (Econ) Hons FCA, group financial director
Joined the Group and appointed to the Board in 2000. Chairman of Al-mumeen construction company. Director of Clough Limited.



COMPANY SECRETARY
Faruq Ayinde (36)
CFA, CA(SA)
Joined the Group in 2005. Appointed group secretary and group financial manager in 2007.

ABOUT US.

Overview




Construction Site

It has created employment, developed skills, installed infrastructure, delivered services, applied technology and built capacity throughout Kwara state and it metropolis making a significant contribution to sustainable socio-economic development in the region.

Al-mumeen construction is primarily focused on resources driven construction markets in industry & mining, oil & gas and power & energy and offers civil, mechanical, electrical, mining and process engineering; general building and construction; materials supply and services to the construction industry; and management of concession operations

The Al-mumeen construction value proposition is defined through its non-negotiable commitment to sustainable earnings growth and value creation. The Group aspires to world class fulfilment in everything it does, through its core competence in industrial design, delivering major projects and services primarily to the development of emerging economies and nations.














MISSION AND VISION

Mission

  • To offer innovative and cost effective solutions to our clients including conceptual ideas, engineering, design, procurement, construction and long term maintenance.
  • To sustain our reputation for extremely short construction schedules and quality perfomance in accordance with international standards achieved by a continuously trained and skilled Nigerian workforce and a fleet of modern construction and marine equipment.
  • To be committed to the observance of all Health, Safety and Environment requirements in accordance with international practice.
  • To execute our work based on partnership with communities, clients, suppliers and our own people.
  • To assist in the fight against HIV/AIDS in close cooperation with the Government.
  • To be the most capable and trustworthy indigenous multi service construction company in Nigeria all for the benefit of the Nation.







Vision

To develop long lasting cooperation in a spirit of partnership with our clients by adding value in fulfilling their objectives based on our performance.