Policies and Resources


At the Kayndrex Foundation, we recognise that in the industry in which we operate, reputation and trust are of utmost importance. Since our inception, we have endeavoured to cultivate a strong culture of ethics across the foundation to ensure our stakeholders’ interests are always at the forefront of our activities.

The foundation is committed to preserving its high legal, ethical, and moral standards and aims to foster and encourage a culture of compliance with local and international laws and regulations. This Code applies to all directors and personnel of the foundation globally and covers dealings with all internal and external stakeholders and other third parties.

On behalf of the foundation’s Trustees and Executive Committee, we give our full support to this Code and expect every member of the foundation’s team to stand by it. As a member of the foundation’s team, it is important that the contents are read and comprehended, as each team member plays a vital role in upholding the values and high ethical standards our stakeholders expect from us.

Rules, regulations, and ethical standards

Compliance with laws and regulations

The foundation and its personnel shall adhere to all legal and regulatory provisions, best practices, and rules of professional conduct within the industries in which the foundation operates.

To support the foundation in ensuring compliance, the Executive Committee has established a foundation-wide compliance department, The Kayndrex Foundation’s Compliance, which is responsible for the coordination and implementation of the foundation’s compliance risk management in line with the Code. As part of its duties, compliance department is responsible for educating and informing all personnel in affairs of compliance and actively promoting a culture of compliance within the foundation.

Conflicts of interests

The foundation seeks to ensure that investors’ interests are always at the forefront of its activities and that all its personnel are sensitive to inconsistencies and apply appropriate measures to manage or avert conflicts of interest. The foundation’s Executive Committee is mandated to establish a Resolution Board to handle and make decisions on any relevant inconsistencies encountered by the foundation.

Insider trading and industry misapplication

The foundation endeavours to apply the highest standards to avert insider trading, market manipulation and the appearance thereof by itself as well as its personnel and applies a zero tolerance approach.

Where personnel have any concerns or questions in relation to insider trading and industry misapplication, they are required to seek advice from the foundation’s compliance department.

Data protection and privacy

The foundation is committed to protecting the privacy, interests and fundamental rights of individuals and gives close attention to the processing of personal data.

Personnel are required to maintain and preserve the confidentiality of personal data entrusted to the foundation.

Bribery and gifts

The foundation operates a zero tolerance approach to the offering or receiving of ‘bribes’ in any form. All personnel and investment providers are expected to conduct themselves with integrity, impartiality, and honesty at all times.

Gifts given to or offered by personnel or other stakeholders as a reward, inducement, or encouragement for preferential treatment or improper or dishonest conduct are strictly disallowed. Furthermore, personnel are disallowed to solicit to gifts of any type or value.

Money laundering

The Kayndrex Foundation has a set of sound Anti-Money Laundering procedures that allow personnel to make an informed decision as to whether a transaction with an investor/applicant involve money laundering or improper financing or unlawful activities.  

The foundation and its personnel are disallowed to accept assets that they know, or should be reasonably expected to know, are the proceeds of unlawful activities.

Harassment and discrimination

The foundation is proud of its professional and harmonious corporate environment and disallows any form of harassment or discrimination in the office by any personnel for any reason.

The foundation requires all personnel to respect their colleagues, treat one another with courtesy, consideration, and professionalism and always ensure they act appropriately.

When a person witnesses any form of harassment and discrimination, the person should intervene and offer support to the victim and inform a senior member of staff immediately upon becoming aware of it.

Diversity and inclusion        

To provide equal employment and advancement opportunities to all individuals, employment decisions at the foundation are based on merit, qualifications, and abilities. This governs all aspects of employment, including, but not limited to, selection, position assignment, promotion, compensation, discipline, termination, and access to benefits. We support diversity and inclusion in our personnel as an equal opportunity foundation.

Society and the environment

Responsible investment

We systematically integrate Environmental, Social, and Governance (ESG) factors, alongside commercial and financial factors, into our investment processes.

We firmly believe that this approach modifies investment risk and has the potential to enhance investment returns in the best interest of the foundation and their beneficiaries. We also always try to ensure that the firms and assets we invest in on behalf of our investors respect and endeavour to benefit society and the environment.

Impact investing

We support entrepreneurial projects and organisations that create positive, high-effect and measurable social and/or environmental benefits through our subsidary investment firm.


Our values

We believe that our attitude, behaviour, and actions make the Kayndrex Foundation a special place and foster our long-term success. Our core values of Partnership, Free Enterprise, Leadership, Excellence and Passion define the essence of our foundation and reflect who we are and what we do, every day.


Joint effort at all levels turns our diversity into strength and colleagues into friends. Our partnership is built upon integrity honesty and fairness, and grows from empathy and respect. It calls for trust and transparency, and seeks constructive dialogue and open debates.

Free Enterprise

We identify opportunities and launch initiatives with the mind-set of a successful business owner. We are courageous, agile, and industrious, and we distinguish between activity and accomplishment. We take responsibility and assume accountability.


We are recognised as role models in our professional and personal conduct. We proactively identify, develop, and nurture our future leaders. We are caring and demanding to form a high-performance culture.


We deliver quality and honour our promises. As a foundation dedicated to learning, we substantially invest in training and mentoring, and we design and operate world-class systems and processes. We take our fiduciary responsibility seriously, recognising that our reputation is our most valuable asset.


We are curious and enthusiastic, putting our hearts and minds into what we do. We are fully dedicated to our investors and their beneficiaries. We are proud of our colleagues, accomplishments, and partners.

Compliance with the Code

The foundation aims to assure and operate a safe and high quality environment. It fosters a culture of pro-active communication of oversights and events, in particular appropriate reporting, processing, and organisational learning.  

The foundation aims to preserve its high legal, ethical, and moral standards and thus fosters a culture of compliance with international and regional laws, and ethically sound organisational conduct. To support this purpose, the foundationexpects its personnel to speak up if they know of or suspect conduct or events that overstep law, regulations, internal instructions (including those mentioned in this Code), and processes. Speaking up contributes to enhancing the foundation’s risk management, internal regulations, and compliance. The foundation checks Misconduct and is dedicated to averting and excluding such Misconduct within its organisation. The foundation will rigorously investigate any event it is made aware of.  

The foundation checks reprisal such as harassment or adverse employment consequence toward any personnel who reports Misconduct in good faith. Good faith implies that a person has a reasonably held belief that the disclosure they have made is true.

Reports can be made anonymously. Investigations will be treated with firm confidentiality to the extent permissible by law. An investigation can be made public if it triggers disciplinary, legal or regulatory investigations or proceedings.

If a personnel is himself/herself implicated in Misconduct and decides to come forward and report this Misconduct, this fact can constitute within certain conditions a modifying circumstance in any ensuing disciplinary proceedings.