Corporate governance

The Society is governed by a Board of Directors, consisting of both executive and Non-Executive Directors responsible for:

• Setting the society’s strategy and business objectives
• Ensuring financial and human resources are in place to meet business objectives
• Reviewing management performance

The Non-Executive Directors are members of the board who are not part of the employed management team, but provide a range of professional skills and experience to bring impartiality into the decision making process.

Executive Committees

The Board is assisted by a number of committees which are chaired by Non-Executive Directors and attended by a combination of Non-Executive Directors, Executives and Senior Management. The committees are responsible for a range of activities. Each has its own terms of reference, which are reviewed on an annual basis.