The Board’s core responsibilities are to set strategy, determine acceptable risk, support and challenge management and engage with shareholders.
The Board is accountable to shareholders for the management and performance of the business. This encompasses systems of internal control, risk management, corporate governance and corporate responsibility, as well as strategy and major policies.
In order to fulfil their responsibilities, all directors are kept fully informed of:
Significant developments in the Group's worldwide business activities
Group operations, finance, risk factors and people
Any investor relations issues
The views of major shareholders
Global regulatory and best practice requirements
In the aftermath of the economic turbulence of recent years, Man has conducted an extensive investigation into our corporate governance, looking to identify any areas which could have contributed to difficulties, address any weaknesses and build in enhanced robustness and resilience.
This review has led to the introduction of a number of changes which have helped strengthen our Board's skill set and its ability to govern the business, and ensure that Man is in the best possible shape to continue adding value for shareholders and delivering benefits to all stakeholders over the long term
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