Board training, skills and diversity

We invest a great deal of time and effort in appointing our Board members to ensure the right balance and mix of directors can be obtained. We take into account experience, skills, diversity and existing time commitments.

Induction and training

Our induction process is intended to provide a broad introduction to the Group. We create individually tailored induction programmes for all new Directors which include:

  • Meetings with each Executive Director
  • Meetings with senior members of operational and functional management
  • E-learning training modules covering our Code of Conduct, Share Dealing Code, Anti-bribery and Corruption, and Health and Safety
  • A presentation/training session led by our legal advisors on the role and responsibilities of being a UK-listed company director
  • Presentations from our auditors and remuneration consultants, depending on which committees a new Director joins

We encourage our Directors to pursue a tailored development programme throughout the year. This can include:

  • Formal seminars led by external advisers
  • Office and site visits
  • Governance and health and safety training

In 2016, our Directors received training through a mix of formal and informal seminars and briefings, including sessions covering:

  • The implications of the EU Market Abuse Regulation
  • The geopolitical landscape in the Middle East and North Africa
  • A National Oil Company’s response to the current external environment

We keep training records for all our Directors, which are reviewed during the annual evaluation process. In 2016, we recorded more than 390 hours of training.

Read more about our Director induction and training workshops in our Governance report.

 

Skills and diversity