Board performance reviews
The performance of the Managing Director and senior executive staff is formally reviewed twice yearly by the non-executive directors. Senior executive performance is continually monitored by the Managing Director on behalf of the board, and the Managing Director’s performance is subject to continuous monitoring by the full board.
The performance of non-executive directors is reviewed by the Chairman. If the performance of any non-executive director is considered unsatisfactory, the matter is referred to the remainder of the Board.
The efficiency, effectiveness and operations of the board are continuously subject to informal monitoring by the Chairman and the board as a whole.