Group Board committees
Group Audit Committee
The Committee’s remit covers accounting and financial reporting, internal controls and the external audit. The Committee is composed entirely of independent non-executive directors.
Audit Committee Terms of Reference
Chair of the Group Audit Committee
Tushar Morzaria
Independent Non-Executive Director
Group Nominations and Corporate Governance Committee
The Committee has overall responsibility for leading the process for new appointments to the Board and ensuring that these appointments bring the required skills and experience to the Board. As part of this, the Committee reviews the structure, size and composition of the Board to ensure the Board is made up of the right people with the necessary skills and experience to direct the company in the successful execution of its strategy.
Nominations and Corporate Governance Committee report
Nominations and Corporate Governance Committee Terms of Reference
Chair of the Group Nominations and Corporate Governance Committee
Sir John Kingman KCB FRS
Chair
Group Risk Committee
The role of the Committee is to assist the Board in the oversight of the risks to which the group may be exposed and to provide the Board with strategic advice in relation to current and potential future risk exposures. This includes reviewing the group’s risk profile and appetite for risk, and assessing the effectiveness of the group’s risk management framework.
Group Risk Committee Terms of Reference
Chair of the Group Risk Committee
George Lewis
Independent Non-Executive Director
Group Remuneration Committee
The Committee has responsibility for approving the group remuneration policy having regard to the risk appetite of the company. The Committee determines the principles, parameters and framework of the group’s remuneration policy and manages the remuneration of executive directors and other designated senior managers.
Chair of the Group Remuneration Committee
Laura Wade-Gery
Independent Non-Executive Director
Group Enterprise Transformation Committee
The role of the Committee is to provide oversight of, and guidance to, the Board on all aspects of data and technology management, enterprise transformation and associated change programmes, and to ensure that the Group operates within its approved information security and cyber risk appetite.
Group Data and Technology Committee report
Group Enterprise Transformation Committee Terms of Reference
Chair of the Group Enterprise Transformation Committee
Laura Wade-Gery
Independent Non-Executive Director