Page 48 - Pobl Annual Report FY25

46 Annual Report 2025
Governance at Pobl
The Group Board is responsible for the governance of the Group, determining our strategic
objectives. The Board has adopted Community Housing Cymru’s Code of Governance 2021,
including its guidance on managing conflicts of interest.
The Board meets up to ten times per year, with agendas illustrating our focus on strategic,
generative, and fiduciary governance. The Board is supported by a small number of Committees
which provide additional scrutiny in key areas of risk.
Our Board philosophy is one of healthy challenge driven by continuous improvement; a minimum
of two development sessions are undertaken each year, and task and finish groups are commissioned
when required. Our Non‐Executive Directors (NEDs) stay upstream of issues affecting both the
Group and the wider sector by participating in both external and internal events, including
representing Pobl at cross‐sector groups and attending spotlight seminars across the Group.
In April 2024, we appointed the new Group Board, following an effectiveness review by an
independent governance specialist in January 2024 to map the required skills and competencies.
We have worked to refine our approach to succession planning and NED development.
During the last two years, 53% of Board members turned over (FY24: 36%). During the same
period, 50% of the Executive team turned over (FY24: 17%). These figures were elevated this year
due to the incorporation of new Board members as part of the merger.
Group Board
Quality of Care
& Safeguarding
Committee
Investment
Committee
Audit & Risk
Committee
Pensions &
Remuneration
Committee
Executive
Committee
Ensures that the
Group has in place
effective
arrangements for
all Pobl customers
to receive the
highest quality care
and support
services and are
safeguarded.
Ensures that the
Group has effective
arrangements in place
for the governance
of borrowings and
security; approves
new developments
and other capital
investment
decisions.
Ensures that the
Group has in place
effective
arrangements for
risk management,
audit, internal
control, assurance,
compliance and
safeguarding of
assets.
Oversees the
recruitment and
appraisal of all
Board Directors and
is responsible for
agreeing the terms
and conditions of
employment for the
Group Executive
Team.
Comprised of the
Group’s Chief
Executive and
Executive Directors,
who are responsible
for the delivery of
the Group’s strategy
and day‐to‐day
operations.