Committees

The Board has established a number of committees to assist it in performing its duties and to fulfil its effective decision-making processes. Specific responsibilities have been formally delegated to the subcommittees, with defined regulations and terms of reference.

The chairman of each committee reports back to the Board at each Board meeting and embraces a principle of transparency and full disclosure.

The delegation of authority to Board committees does not mitigate or discharge the directors and the Board from their duties and responsibilities.

Board committee members are authorised to obtain independent outside professional advice when necessary.

CommitteeCommittee MembersFrequency Of Meetings
  Audit and Risk Committee

S Young (Chairman)
Prof VC Mehana
JM Gaomab
TT Hove

4 times a year
   Remuneration Committee

S Young (Chairman)
Prof VC Mehana
AB Amod

Twice a year
   Investment Committee

Prof VC Mehana (Chairman)
S Young
K Abdulla
TT Hove

Twice a year
   Transformation Committee

Z Barends (Chairman)
CF Hendricks
AB Amod

Twice a year
   Nominations Committee

Prof VC Mehana (Chairman)
AB Amod
S Young

Annually
   Social and Ethics Committee

AB Amod (Chairman)
CF Hendricks
Prof VC Mehana
JM Gaomab

Twice a year