Board Committees
Board Committees
The Board has established four committees: Audit, Risk, Remuneration and Nomination. These committees support the Board to discharge its responsibilities. Each committee operates under its own terms of reference which are subject to periodic review and can be found below. All Board committees are comprised of independent non-executive Directors and have an experienced Chair, who reports to the Board at each Board meeting.
You can find further details on the membership and responsibilities of each committee below.
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Reviews and monitors the integrity of the Group’s financial and reporting processes.
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Responsible for the governance of both the internal audit function and external auditor.
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Works with the Risk Committee in assessing the effectiveness of the risk management and internal control framework.
Chair
Member
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Jonathan Muir
Hanna Loikkanen
Andrew McIntyre
Cecil Quillen
Maria Gordon
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Makes recommendations to the Board on the Directors’ Remuneration Policy.
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Determines the remuneration package of the Chief Executive Officer and Executive Management.
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Assesses the performance of Directors and Executive Management Team against KPIs.
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Responsible for design and oversight of the Group employee share schemes.
Chair
Member
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Cecil Quillen
Hanna Loikkanen
Tamaz Georgadze
Mel Carvill
Maria Gordon
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Ensures the Board has the right balance of skills, experience, independence and Group knowledge.
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Responsible for both Director and management succession planning.
Chair
Member
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Mel Carvill
Hanna Loikkanen
Andrew McIntyre
Maria Gordon
Tamaz Georgadze
Jonathan Muir
Cecil Quillen
Véronique McCarroll
Mariam Megvinetukhutsesi
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Assists the Board in relation to risk oversight.
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Reviews Group risk appetite in line with strategy.
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Identifies and monitors risk exposure and the risk management infrastructure.
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Assesses the strength and effectiveness of the risk management and internal control framework.
Chair
Member
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Véronique McCarroll
Tamaz Georgadze
Mariam Megvinetukhutsesi
