The Company is headed by an effective Board which is collectively responsible for the long-term success of the Company.
The Role of the Board
The Board sets the Group’s strategy, ensuring that the necessary resources are in place to achieve the agreed strategic aims and objectives, determines the Company’s key policies and reviews management and financial performance. It is accountable to shareholders for the creation and delivery of strong, sustainable financial performance and long-term shareholder value. To achieve this, the Board directs and monitors the Group’s affairs within a framework of controls which enable risk to be assessed and managed effectively through clear procedures, lines of responsibility and delegated authorities. The Board also has responsibility for setting the Group’s core values and standards of business conduct and for ensuring that these, together with the Group’s obligations to its stakeholders, are widely understood throughout the Group.