RR-3.1.6
A sound governance infrastructure should have the following general attributes:
(a) Having the right people, with the right balance of skills and experience on the Board, with suitable checks in place to ensure that no single individual can influence Board decisions;
(b) Including a robust framework for succession planning to ensure that the business can continue to function effectively, even when there is a major management or staff turnover; and
(c) Enabling business and management performance to be closely overseen by independent directors.
July 2018