Nomination and Governance Committee

Ensuring the Board has strong and responsible leadership together with a wide range of skills.

The principal purpose of the committee is to monitor the balance of skills, knowledge, experience and diversity on the Board and the succession plans for the Executive Directors.

The committee focuses on ensuring that your Board has strong and responsible leadership together with a wide range of skills, knowledge and experience, which are critical to creating long-term shareholder value and business success. 

The committee continues to take responsibility for the oversight of talent development and ensuring that a future talent pipeline is taken throughout the Group.

The committee is required to meet no less than four times a year.

The committee assists the Board in its oversight of Board composition, Board and senior executive succession and Group corporate governance by undertaking the following:

• Assesses the balance of skills, knowledge, experience and diversity on the Board
• Recommends Board and Board Committee appointments to the Board
• Assesses succession plans for the Executive Directors
• Assesses diversity, equity and inclusion initiatives
• Assesses talent development throughout the Group, ensuring there is sufficient pipeline of diverse talent available to achieve the Company’s current and future strategy
• Assesses the operation of the Governance Framework and governance practices across the Group
• Drives consistency in respect of governance and overseeing compliance with governance principles in line with the Group’s strategic priorities
• Assesses the Group’s organisational design and the governance and controls around the proposed changes
• Oversees the subsidiary governance framework and regulatory control environment.
  

Read the full terms of reference for our Nomination and Governance Committee (PDF 170 KB)