The Board is assisted in its duties by four committees - Audit, Compliance and EthicsNominations and Remuneration. Each committee is responsible for reviewing and overseeing activities within its particular terms of reference.

  • Audit: reviews and monitors the integrity of the Company’s financial statements, reporting processes, financial and regulatory compliance; the systems of internal control and risk management, including viability assessment; and the external and internal audit processes
  • Compliance and Ethics: Supports the Board in fulfilling its oversight responsibilities in all respects of compliance and ethics. Provides assurance that the Company’s compliance and ethics policies are adequate
  • Nominations: reviews the structure, size and composition of the Board and its committees. Takes primary responsibility for succession planning and Director succession. Identifies and nominates suitable candidates for Board appointments.Oversight of leadership pipeline
  • Remuneration: sets remuneration policy for Executive Directors and determines individual compensation levels for Executive Directors, the Chairman and members of senior management. Oversight of the remuneration framework for the Group

At each scheduled Board meeting, the chairman of each committee provides a summary of any committee meeting held since the previous Board meeting. The minutes of all committee meetings are circulated to the Board, when appropriate.

Learn more about our Governance Framework and the role of all our committees on our Board roles and activities page.