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
Martin Magee (Chair)
Doug Bannister
Stephanie Hazell
Milton Fernandes
Management Engagement Committee
Monitoring of the performance of the Investment Manager
Members
Richard Laing (Chair)
Doug Bannister
Stephanie Hazell
Martin Magee
Milton Fernandes
Remuneration Committee
Director remuneration
Members
Stephanie Hazell (Chair)
Doug Bannister
Richard Laing
Martin Magee
Milton Fernandes
Nomination Committee
Board appointments and size and composition of the Board
Members
Richard Laing (Chair)
Doug Bannister
Stephanie Hazell
Jennifer Dunstan
Martin Magee
Milton Fernandes
Disclosure Committee
Monitoring compliance with disclosure requirements
Members
Richard Laing (Chair)
Doug Bannister
Stephanie Hazell
Martin Magee
Milton Fernandes
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).