| |
Human
Capital Committee |
Audit and Risk Committee |
Nomination Committee |
| Chairman |
Dr MI Survé
Independent non-executive |
AH Sangqu
Independent non-executive |
JF Mouton
non-executive |
| Composition |
Non-executive directors
4 |
Non-executive directors
3 |
Non-executive directors
3 |
| Frequency of meetings |
Met four times this year |
Met four times this year |
Met three times this year |
| Board approved charter |
Yes |
Yes |
Yes |
| Primary responsibilities |
- Maintain and approve the HR Policy (or HR Policies)
- Executive management succession planning
- Monitor the implementation of relevant labour legislation
- Monitor and enable transformation and sustainability
- Remuneration of directors and executive management
- Evaluation and approval of a remuneration philosophy, strategy and
policy
|
- Appointment of auditors for the annual financial audit
- Ensures that appropriate internal control procedures are in place
and applied
- Ensures that risk management procedures are adequate
- Ensures that appropriate standards of reporting and compliance are
maintained
- Relevant legislation is adhered to
- The audit function operates effectively and is totally independent
|
- Evaluate proposals for all non-executive appointments
- Proposals for the appointment of the company secretary
- Performance evaluation of the board
- Performance evaluation of the chairman
- Succession planning of the chairman
|
| Invitees |
- Meetings are attended by relevant members of management
|
- Meetings are also attended by internal and external auditors and
relevant members of management
|
|
| Access |
|
- All auditors have unlimited access to the audit and risk committee,
thereby ensuring independence is not compromised in any way
- A fixed agenda item is a closed session discussion without
management
|
|
| |
|
|
|
Committee membership
Human Capital Committee: Dr MI Surve (Chairman), GD Eksteen, ZL Combi and MM du Toit (all non-executive)
Audit and Risk Committee: AH Sangqu (Chairman), NS Mjoli-Mncube and ASM Karaan (all non-executive)
Nomination Committee: JF Mouton (Chairman), GD Eksteen, NS Mjoli-Mncube
(all non-executive)
Board attendance for the financial year ending 30 September 2010.
top of page