Board evaluation
In line with the GBE requirements, ARTC
has conducted its annual review of the
Board’s performance.
The Board has agreed to annually
undertake self-assessments, with an
in-depth externally facilitated assessment
every three years.
The Board determines the actions to be
taken in relation to the recommendations
arising from the assessments and regularly
reviews progress against the action plans.
The Chairman provides the Shareholder
Ministers with written confirmation that
this review process has been followed
and raises any areas of concern.
Director induction and
education
On appointment, each Director receives
a formal letter of appointment from the
Shareholder Ministers. ARTC has an
induction program for new Directors
which includes individual meetings
with Executive Members; Directors;
and visiting ARTC’s operational
locations. Directors are provided with
a detailed manual with information on
the Company’s corporate strategy,
Company policies, meeting arrangements
and the rail industry. The Board has
regular discussions with the CEO and
Management and is invited to attend site
tours of ARTC’s operational sites.
Board access to information
and independent advice
The Board has direct access to
Management and any Company
information Management possess in
order to make informed decisions and
discharge its responsibility.
The Company Secretary is accountable
to the Board. The Board must approve
the appointment and removal of the
Company Secretary.
Any Director can seek independent
professional advice in the discharge of
their responsibilities.
Board Committees
To assist in the discharge of its
responsibilities, the Board has established
the following Board Committees:
•
•
Audit and Compliance
•
•
People, Policy and Remuneration
•
•
Environment, Health and Safety
•
•
Business Development and Marketing
•
•
Risk
•
•
Whole Board for Succession Planning
Each Committee is chaired by a Non-
Executive Director and comprises
a majority of Independent Non-
Executive Directors. Membership of
the Committees is based on Director’s
qualifications, skills and experience.
Each Committee is governed by its own
Charter, detailing the Committee’s role,
membership requirements and duties.
Each Charter is reviewed periodically and
revised when appropriate.
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