Why do Boards need or decide to form Committees? Common, and Uncommon, Board Committees , Liability, delegations and general powers of Committees and their members .

While the board may make use of committees to assist its consideration of appointments, succession, audit, risk and remuneration it retains responsibility for, and endorses, final decisions in all of these areas. The chair should ensure that sufficient time is allowed at the board for committees to report on the nature and content of discussion, on recommendations, and on actions to be taken. Where there is disagreement between the relevant committee and the board, adequate time should be made available for discussion of the issue with a view to resolving the disagreement. Where any such disagreement cannot be resolved, the committee concerned should have the right to report the issue to the shareholders as part of the report on its activities in the annual report.

The chair should ensure board committees are properly structured with appropriate terms of reference, which should be published on the company website. The terms of each committee should set out its responsibilities and the authority delegated to it by the board. The chair should ensure that committee membership is periodically refreshed and that individual independent non-executive directors are not over-burdened when deciding the chairs and membership of committees . This Masterclass will focus on achieving the above goal in the most effective manner .

Board and committee meetings represent a major investment by everyone involved to commit to being in the right place, at the right time, with the right materials, and in the right circumstances, to make the kind of high-quality, strategic decisions which will drive the organisation forward. How can we make this happen?

At the end of the workshop, participants will be able to Appreciate why Committees are formed and how power is appropriately delegated by Boards.

This training course is designed for all participants at the Boardroom, namely:

• Chairs, Committee Chairs
• Board Members, Committee Members
• Board Secretaries , Company Secretary
• CEOs, MD , President , Executive Directors and Senior Management
• Officers-in-Charge of the Governance framework within the organisation
• Internal Auditor , Compliance Head , Risk Head
• Internal and External Auditors
• Chief Risk Officer, Senior Risk Managers, Risk Management team
• Chief Compliance Officer, Senior Compliance Managers, Compliance team
• Chief Legal Officer, legal team