Board committees

The Board is assisted in its activities by a number of standing committees of the Board and, in discharging its duties, it delegates certain authorities and decisions to these Committees.

The Board reviews the membership of these Committees on a regular basis. The Board committee structure, together with a summary of the roles and composition of the Committees, is outlined in the table below.

The Chair is responsible for the leadership of the Board and ensuring its effectiveness. He is also responsible for organising the business of the Board and setting its agenda. 

In addition to the Chair, there are currently five independent non- executive Directors and one 3i Group nominated Director, who is not considered independent. The Board’s core values underpin its open and collaborative culture and are supplemented by the skills that each
individual Director brings to the Company. 

Audit and Risk Committee

Financial reporting, risk and internal controls

Members
Wendy Dorman (Chair)
Doug Bannister
Stephanie Hazell
Samantha Hoe-Richardson
Martin Magee

Management Engagement Committee

Monitoring of the performance of the Investment Manager

Members
Richard Laing (Chair)
Doug Bannister
Wendy Dorman
Stephanie Hazell
Samantha Hoe-Richardson
Martin Magee

Remuneration Committee

Director remuneration

Members
Stephanie Hazell (Chair)
Doug Bannister

Wendy Dorman
Samantha Hoe-Richardson

Richard Laing
Martin Magee

Nomination Committee

Board appointments and size and composition of the Board

Members
Richard Laing (Chair)
Wendy Dorman
Stephanie Hazell

Disclosure Committee

Monitoring compliance with disclosure requirements

Members
Richard Laing (Chair)
Doug Bannister
Wendy Dorman
Stephanie Hazell
Samantha Hoe-Richardson
Martin Magee

Senior Independent Director

In accordance with the AIC Code of Corporate Governance, any concerns can be conveyed to our Senior Independent Director, Stephanie Hazell, through the Company Secretary (groupsecretariat@3i.com).