The board currently comprises five executive directors, six non-executive directors and the chairman.  The senior independent director is Mr. P.S.S. Macpherson. 

The board is supplied in a timely manner with information in a form and of a quality appropriate to enable it to discharge its duties.  The board meets regularly throughout the year (normally monthly) to deal with important aspects of the group's affairs, including:

• setting and monitoring strategy;
• reviewing performance;
• risk management;
• regulatory compliance and internal control;
• ensuring adequate financial resources; and  
• reporting to shareholders.

The chairman is responsible for running the board and the chief executive is responsible for running the company’s business which ensures a clear division of responsibility at the head of the company. The management board, comprising solely senior executives of the group, assists the chief executive both in developing strategy and business objectives, and with the day to day management of the group. All directors have direct access to the advice and services of the company secretary and outside professional advisers as necessary, at the company’s expense.