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 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 and each has its own terms of reference, which are reviewed on an annual basis.