At MAG, our governance structure plays a central role in establishing the framework that guides day-to-day operations. In today’s evolving market environment, it is especially important to enable timely and well-informed decisions across our various functions. As we celebrated our 30th anniversary in 2025, we began planning the succession of our MAG’s founder, chair and Group CEO. As a result, the Board of Directors welcomed U Aung Si as a new Director of the Board. In parallel, leaders of the various business units were invited to report more regularly and systematically to MAG’s Board of Directors. This move aimed to empower them, reduce reliance on the Group CEO, and reinforce the independence and capacities of the various business units without sacrificing the leverage on synergies between our Group entities.
Our Sustainability Strategy
At MAG, we established our sustainability strategy in 2021 through engagement with multiple stakeholders to identify what matters to both our internal and external stakeholders. In 2025, we established a sustainability committee, chaired by MAG’s chair and Group CEO and involving members of our business unit management teams, to enhance how we embed sustainability in our operations. In 2025, the committee decided to assess the relevance of our strategy, and we organised a series of workshops to do so. These review workshops confirmed that our strategy, built around four main pillars and nine priorities, remains aligned with our business activities. However, we have refined the definition of each priority and updated our focus areas to better support our sustainable growth objectives. This was also an opportunity for us to discuss and set short-term and long-term goals.