BOARD COMMITTEES

    COMPOSITION   SCHEDULED MEETINGS   RESPONSIBILITY

Audit and risk
Committee

 
  • Chris Seabrooke
  • Dr Lulu Gwagwa
  • Phumzile Langeni
  4 TIMES
during
the year
 
  • Overseeing the effectiveness of the Group’s internal control systems.
  • Reviewing the scope and effectiveness of the external and internal audit functions.
  • Ensuring that adequate accounting records have been maintained.
  • Ensuring the appropriate accounting policies have been adopted and consistently applied.
  • Reviewing and reporting on compliance with King III.
  • Testing that the Group’s going-concern assertion remains appropriate.
  • Overseeing the quality and integrity of the annual financial statements.
  • Overseeing the Group’s risk management programme as contemplated in King III.

Nomination and remuneration Committee

 
  • Mark Lamberti
  • Chris Seabrooke
  • Doug McMillon/
    David Cheesewright
  3 TIMES
during
the year
 
  • Designing, monitoring and communicating the Group’s remuneration policies.
  • Considering and approving executive remuneration including short- and long-term incentives.
  • The assessment, recruitment and nomination of new non-executive directors.

Social and Ethics Committee

 
  • Phumzile Langeni
  • Grant Pattison
  • JP Suarez
  TWICE
during
the year
 
  • Assist the Group with its responsibility towards sustainability with respect to practices that are consistent with good corporate citizenship.
  • Assess the Group’s standing in terms of consumer relationships, with particular attention to the United Nations Global Compact Principles and the OECD recommendations concerning corruption.
  • Consider the Group’s contribution to the social and economic development within our communities.
  • Assess the Group’s contribution to labour and employment, the environment and health and public safety.

EXECUTIVE Committee

 
  • Grant Pattison
  • Guy Hayward
  • Ilan Zwarenstein
  • Jay Currie
  • Neville Dunn
  • Don Frieson
  • Doug Jones
  • Brian Leroni
  • Pearl Maphoshe
  • Mncane Mthunzi
  • Joe Owens
  • Jan Potgieter
  • Mike Spivey
  • Llewellyn Steeneveldt
  • Kevin Vyvyan-Day
  • Llewellyn Walters
  • Robin Wright
  MONTHLY  
  • Deliberates and takes decisions or makes recommendations on all matters affecting Group strategy and operations, including risk management, and executive and senior management succession.