The Board Governance & Nominations Committee is responsible for reviewing the composition of the Board and nominating candidates for the position of director. They take into account the balance of existing skills, knowledge and experience on the Board and make appropriate recommendations for future additions.
The Remuneration Committee is responsible for considering and approving the remuneration of executive directors and other senior managers.
The overall policy on executive directors' remuneration is:
It should be competitive with other comparable organisations in the financial sector
It should attract and retain high calibre individuals with the relevant experience
It should be based (in part) on the Society's financial and service performance (including customer satisfaction) and individual performance to motivate and reward successful business and personal performance
Alison Hutchinson – Non-executive Director (Committee Chair)
The Group Risk Committee is responsible for bringing together all risk information and reporting to the Board. They have specific responsibility for the oversight of capital resources, operational risks and monitoring and reporting on more general risk issues.
Alison Hutchinson - Non-executive Director
Guy Bainbridge - Non-executive Director
Mark Parsons - Non-executive Director
Angela Darlington - Non-executive Director (Committee Chair)