The role of our Chairman is to build and maintain a balanced and effective Board based on the skills required to run an operation the size and complexity of which matches that of our company. He must ensure that meetings of the Board are effectively run by setting the agenda, tone and style to ensure expedient decision making.
Our Chairman leads and manages the business of the Board to provide clear direction and focus, as well as leading them in determining company strategy. Part of this role is to facilitate the effective contribution of non-executive directors and ensure directors receive accurate, timely and clear information He also ensures that the strategy decided upon is effectively implemented.
Our Chairman is responsible for promoting best practice and the highest standards of corporate governance.
The Chief Executive Officer
The Chief Executive Officer has direct charge of the group on a day to day basis and is accountable to the Board for the strategic, financial and operational performance of the Group.
The Finance Director
The role of the Finance Director is broad and encompasses wider duties than simply maintaining financial records. His principal duty is to ensure that the financial strategies of the company support the broader corporate aims of the business. He is responsible for maintaining financial accounting for the company and the Board, including the maintenance of records of expenses and income of the Board.
The Non-Executive Directors
Appointed non-Executive Directors do not form part of the executive management team and they are not employees of the Company or otherwise connected with it in any other material way. They have two major responsibilities. Firstly they are responsible for strategy in that they should constructively challenge and contribute to the development of strategy. Secondly in terms of performance of the company, they should scrutinise the performance of the management in attaining agreed goals and objectives. They must monitor the workings of the Board and senior management and be concerned with internal risk control. In short our non-Executive Directors are custodians of the governance process.
The information in this section of the website is disclosed for the purposes of Rule 26 of the AIM Market of the London Stock Exchange plc.
Last updated on 4 March 2011.