The Chairman and Chief Executive Officer

The Chief Executive Officer is responsible for the executive management of the Group and for ensuring the implementation of Board strategy and policy within the approved budgets and timescales. The Chief Financial Officer assists the Chief Executive Officer in meeting his responsibilities.

The Chairman’s responsibilities are primarily the leadership of the Board and ensuring its effectiveness. This is achieved by:
• Chairing Board meetings; setting the agendas in consultation with the Chief Executive Officer and Company Secretary; and encouraging directors’ active participation in Board discussions;
• Leading the performance evaluation of the Board, its committees and individual directors;
• Promoting the highest standards of corporate governance including compliance with the Code wherever possible;
• Ensuring timely and accurate distribution of information to the directors and effective communication with shareholders;
• Establishing an effective working relationship with the Chief Executive Officer by providing support and advice whilst respecting executive responsibility; and
• Periodically holding meetings with the non-executive directors without the executive directors present.