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Chapter 9

Nomination committee

4.1 Nomination committee

 There should be a nomination committee charged with ensuring the
board has the appropriate skills, knowledge and experience.

4.2 Typical roles and responsibilities

 Review regularly the structure, size, composition and balance of the board

 Consider the balance between executives and NEDs on the board.

 Ensure appropriate management of diversity to board composition.

 To reduce domination in executive selection by the CEO/chairman.

 Give full consideration to succession planning for directors.

 Prepare a description of the role and capabilities required for any particular
board appointment including that of the chairman.

 Identify and nominate board candidates to fill board.

 Make recommendations concerning the standing for reappointment of directors.

4.3 UK Corporate Governance Code

 Over 50% of the NC should be INEDs.

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