Core responsibilities of the senior independent non-executive director
As a member of the Main Board of Directors, the senior non-executive director will be expected to contribute to:
- entrepreneurial leadership of the company within a framework of prudent and effective controls.
- definition of the Company's strategic aims, ensuring the necessary financial and human resources are in place for the Company to meet its objectives and review management of performance.
- Setting the Company's values and standards and ensuring that its obligations to shareholders and others are understood and met.
- Upholding high ethical standards of integrity and probity.
- Supporting executives in their leadership of the business, whilst monitoring their conduct.
- Promoting high standards of corporate governance and compliance with the provisions of the Combined Code whenever possible.
Additionally, this person will be expected to:
- Act as "deputy" to the Chairman of the Board as and when required.
- Chair meetings with the other non-executive directors (without the Chairman being present) encouraging open dialogue, particularly regarding the Chairman's performance.
- Be available to shareholders in case they have concerns which cannot, or should not, be addressed by the Chairman or Executive Directors.
- Act on the results of any performance evaluation of the Chairman.
- Maintain sufficient contact with major shareholders, when requested, to understand their issues and concerns thereby assisting the Board to develop a balanced understanding.
- Attend the Company's AGM and be available for discussion with shareholders.
