We believe that strong governance, risk management and controls are vitally important to the long-term sustainability of our business.
Role of the Board
The Board is responsible for leading and controlling the Company and has overall authority for the management and conduct of the business of the Company.
The Board is also responsible for approving strategic plans, financial statements, acquisitions and disposals, major contracts and projects.
Chair: Mike Phillips
Members: Mike Phillips, David Maw and Dr. Alison Vincent
The audit and risk committee's role is to assist the Board with the discharge of its responsibilities in relation to internal and external audits and controls, including reviewing the Group's annual financial statements, considering the scope of the annual audit and the extent of the non audit work undertaken by external auditors, advising on the appointment of external auditors and reviewing the effectiveness of the internal control systems in place within the Bytes Group. The audit and risk committee will normally meet not less than four times a year.Audit Committee - Terms of Reference
Chair: Patrick De Smedt
Members: Patrick De Smedt, Mike Phillips and Dr. Alison Vincent
The nomination committee assists the Board in determining the composition and make-up of the Board. It is also responsible for periodically reviewing the Board's structure and identifying potential candidates to be appointed as Directors, as the need may arise. The nomination committee also determines succession plans for the Chairman and Chief Executive Officer. The nomination committee will normally meet not less than twice a year.Nomination Committee - Terms of Reference
Chair: Dr Alison Vincent
Members: Dr. Alison Vincent, Patrick De Smedt and Mike Phillips
The remuneration committee recommends what policy the Company should adopt on executive remuneration, determines the levels of remuneration for each of the Directors and recommends and monitors the remuneration of members of Senior Management. The remuneration committee will also generate an annual remuneration report to be approved by the members of the Company at the annual general meeting. The remuneration committee will normally meet not less than twice a year.Remuneration Committee - Terms of Reference