Corporate Governance

Our Corporate Governance is at the centre of our business, underpinning our purpose, values and decision making

Board Structure

The Chairman

The Chairman is responsible for leadership of the Board. He is also responsible for overseeing the activities of the Chief Executive Officer and providing advice, guidance and support to the executive team. He works with the Board to develop Group strategy and support its implementation. The Chairman is a principal ambassador of Record and a guardian of the Group’s ethos and values.

Chief Executive Officer

The Chief Executive Officer is responsible for the executive management of the Group with focus on profitable business growth while acting in the interests of all stakeholders – clients, shareholders, employees and industry regulators – and upholding the core values of Record.

Senior Independent Director

The Senior Independent Director’s role is to act as a sounding board for the Chairman, oversee the evaluation of the Chairman’s performance and serve as an intermediary for the other Directors if necessary. He is also available as an additional point of contact for shareholders and other stakeholders should they wish to raise matters with him rather than the Chairman or the Chief Executive Officer.

Chief Financial Officer

The CFO provides financial leadership, oversees financial operations, and ensures the company's financial health and profitability. He is also is responsible for financial stewardship, managing budgets, financial planning, and risk mitigation strategies, while ensuring compliance with financial regulations and maintaining transparency and integrity in financial reporting.

Non-Executive Directors

Non-executive directors provide objective oversight, independent judgment, and strategic guidance to the company's management, bringing diverse expertise and perspectives to board discussions. They have a fiduciary duty to act in the best interests of the company and its shareholders, ensuring accountability, monitoring performance, and safeguarding long-term sustainability.

Company Secretary

The Company Secretary acts as a guardian of corporate governance, ensuring legal compliance, ethical practices, and effective decision-making by supporting the board of directors and maintaining proper governance structure. He also serves as an administrative facilitator, managing crucial administrative tasks, maintaining accurate corporate records, and fostering communication and collaboration between the company, its shareholders, and external stakeholders.

Board Responsibilities

The Board of Directors of Record plc plays a pivotal role in ensuring the long-term success and sustainability of our operations. With a strong focus on strategy and forward-thinking, the Board diligently oversees the management and operations, providing invaluable leadership and guidance. By engaging with stakeholders and fostering meaningful relationships, the Board fulfils its responsibilities of ensuring transparency, accountability, and ethical practices. With a steadfast commitment to our mission, the Board drives our organization forward, embracing innovation, and delivering value to all our stakeholders.

Matters reserved for the Board

Board Committees

Audit Committee

The role of the Audit Committee is to encourage and safeguard the highest standards of integrity in financial reporting for the Group, having regard to laws and regulations applicable to the Group and the provisions of the UK Corporate Governance Code

Nomination Committee

The role of the Nomination Committee is to review the composition of the Board, the Audit Committee, the Remuneration Committee and the Nomination Committee and make recommendations to the Board as necessary.

Remuneration Committee

The role of the Remuneration Committee is to review, approve and monitor the implementation of the remuneration strategy and policies of the Group.