-
Board committees

Board Committees

The Board is empowered through its Articles of Association to delegate all or any of its powers, authorities and discretions to any committee or committees as it thinks fit. The principal Board Committees are the Board Audit Committee, the Board Risk Committee, the Board Nominations Committee and the Board Remuneration Committee.

The Board has defined the roles and objectives of each of the Board Committees, and provided specific levels of discretion within which they can operate.

 

The Chair of each Board Committee reports to the Board on the matters discussed at Committee meetings.

Board Audit Committee

Select

Committee member profiles

Board Nominations Committee

Select
  • Committee role
    • Support and advise the Board in ensuring it is comprised of individuals who are best able to discharge the duties and responsibilities of Directors and that Barclays PLC has the appropriate corporate governance standards and practices in place
    • Focus primarily on the composition, appointments, succession and effectiveness of the Board, ensuring that both appointments and succession plans are based on merit and objective criteria and, within this context, promote diversity of gender, social and ethnic background, cognitive and personal strengths
    • Oversee the adoption of appropriate internal policies on the assessment of the suitability of Directors, members of the Group Executive Committee and other key personnel subject to regulatory approval
    • Keep the Board’s governance arrangements under review and make appropriate recommendation to the Board to ensure that the Barclays PLC’s arrangements are consistent with best practice corporate governance standards

    Committee Chair: Nigel Higgins

    Responsibilities and requirements of the Chair are set out in The Charter of Expectations (PDF 264KB)

  • Related documents

Committee member profiles

Board Remuneration Committee

Select

Committee member profiles

Board Risk Committee

Select
  • Committee role

    Review, on behalf of the Board, management’s recommendations on the principal risks as set out in the Group’s Enterprise Risk Management Framework (ERMF) with the exception of Reputation Risk which is a matter reserved to the Board, and in particular:

    • review, on behalf of the Board, the management of the principal risks in the ERMF;
    • consider and recommend to the Board as appropriate the Group’s risk appetite and tolerance for those principal risks;
    • review, on behalf of the Board, the Group’s risk profile for those principal risks;
    • commission, receive and consider reports on key risk issues; and
    • safeguard the independence of, and oversee the performance of, Barclays Risk and Compliance Functions.

    The Committee’s oversight responsibilities with regard to operational risk cover the financial and capital implications of operational risk. The Board Audit Committee has oversight of the internal control aspects of operational risk. The Board Remuneration Committee has oversight of the remuneration aspects of conduct matters. The Committee may, at the discretion of the Chairman, refer any matters with material and/or strategic risk considerations to the Board.

    Committee Chair: Tim Breedon

    Responsibilities and requirements of the Chair are set out in The Charter of Expectations (PDF 264KB)

  • Related documents