Board Responsibilities
The Board of The Amcomri Group is ultimately responsible for the strategy and overseeing the performance of the Group. Its main focus is strategic, growing shareholder value, oversight and control and corporate governance.
In support of this, certain matters are reserved for the Board, or Committees to which the Board has delegated authority. Reserved matters cover inter alia: setting the Group’s strategic direction, approving the Group’s annual budget, investment and divestment decisions and decisions relating to the financing of the Group.
Audit Committee
The Board has established an Audit Committee, whose Chairman is Fraser Gray. The Committee has formally delegated duties and responsibilities for ensuring that the financial performance of the Company is properly reported on and monitored, including reviews of the annual and interim accounts, results announcements, internal control systems and accounting policies.
Remuneration Committee
The Board has established a Remuneration Committee. This Committee meets at least twice annually and is responsible for reviewing the appropriate levels of remuneration for Directors.
