The Board has three main Committees which assist in the discharge of its responsibilities – the Audit, Remuneration and Nomination Committees.
Audit Committee
The Audit Committee oversees financial and narrative reporting, provides assurances on the effectiveness of internal control, risk management systems and audit process, and reviews the effectiveness and objectivity of the external auditors.
Audit Committee terms of reference.
Remuneration Committee
The Remuneration Committee approves the Remuneration Policy and total remuneration including long-term performance objectives and awards for the Executive Directors.
Remuneration Committee terms of reference.
Nomination Committee
The Nomination Committee, in reference to skills, knowledge, experience and diversity required, leads the process for Board appointments and succession planning for Board and other senior managers to ensure that they operate effectively and deliver strategy.