Board committees
The Board is assisted in its activities by a number of standing committees of the Board and, in undertaking 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 Chairman 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 Chairman, there are currently five independent, non-executive Directors and one 3i Group plc nominee, who is not considered to be independent.
Audit and Risk Committee
Financial reporting, risk and internal controls
Members
Wendy Dorman (Chair)
Doug Bannister
Stephanie Hazell
Samantha Hoe-Richardson
Paul Masterton
Management Engagement Committee
Monitoring of the performance of the Investment Manager
Members
Richard Laing (Chair)
Doug Bannister
Wendy Dorman
Stephanie Hazell
Samantha Hoe-Richardson
Paul Masterton
Remuneration Committee
Director remuneration
Members
Paul Masterton (Chair)
Doug Bannister
Wendy Dorman
Stephanie Hazell
Samantha Hoe-Richardson
Richard Laing
Nomination Committee
Board appointments and size, balance and composition of the Board
Members
Richard Laing (Chair)
Wendy Dorman
Paul Masterton
Disclosure Committee
Timely and accurate disclosure of all information
Members
Richard Laing (Chair)
Doug Bannister
Wendy Dorman
Stephanie Hazell
Samantha Hoe-Richardson
Paul Masterton
Senior Independent Director
In accordance with the AIC Code of Corporate Governance, any concerns can be conveyed to our Senior Independent Director, Paul Masterton, through the Company Secretary (groupsecretariat@3i.com).