Terms of Reference
Remuneration Committee
The Remuneration Committee is chaired by Nick Hood.
Remuneration Committee Terms of Reference
The Committee is able to call on independent professional advisors if it considers this necessary.
Audit Committee
The Audit Committee is chaired by Jock Worsley. The Committee meets on average four times during the year.
The Committee is responsible for the monitoring of the work of the Internal Audit department (this includes Internal Controls & Risk Assessment) and the planning and the setting of the internal auditors’ work programme for the year; considering the reports received from the Compliance Department; reviewing the scope and findings of the reports from the external auditors and reviewing the Group’s interim and annual financial statements prior to their submission to the Board. The external auditors meet privately with the Audit Committee at least twice a year without senior management being present.
The Committee is able to call on independent professional advisors if it considers this necessary.
Audit Committee Terms of Reference
Nominations Committee
Nick Hood is the Chairman of the Nominations Committee which is responsible for the Board’s succession planning.
The Committee is able to seek advice from independent professional advisors if it considers this necessary.