Board Committees and Terms of Reference

The main Society Board is assisted by a number of Committees, which are responsible for a range of activities. The key duties of each Committee are listed below.

Board Audit Committee

This Committee reviews the effectiveness of the Group's internal controls and risk management systems.

The current members are:

Click below to view the Terms of Reference for the Board Audit Committee.

Board Nominations Committee

This Committee is responsible for the appointment and removal of Directors, evaluating the Board's performance and succession planning.

The current members are:

Click below to view the Terms of Reference for the Board Nominations Committee.

Board Remuneration Committee

This Committee reviews the adequacy and effectiveness of the Society’s remuneration policy.

The current members are:

Click below to view the Terms of Reference for the Board Remuneration Committee.

Non-Executive Remuneration Committee

This Committee reviews the fees to be paid to Non-Executive Directors, other than the Chairman.

The current members are:

Click below to view the Terms of Reference for the Non-Executive Remuneration Committee.

Board Risk Committee

This Committee considers and recommends the Group's risk appetite, capital adequacy and liquidity management policy, and ensures that the Group maintains an effective risk governance structure.

The current members are:

Click below to view the Terms of Reference for the Board Risk Committee.

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