Three committees prepare the business of the Board of Directors: the Audit Committee, the Nomination & Compensation Committee and the Risk Committee. They monitor the Group Executive Board in their specific areas of responsibility and report to the Board of Directors at regular intervals.
The Board of Directors comprises a total of ten non-executive members. These are seven bank representatives and three other members. All members are elected for a term of office of three years. The Board of Directors constitutes itself.
Members of the Board of Directors
Nomination & compensation commitee
Committees and Areas of Responsibility
Each committee consists of three to four non-executive members of the Board of Directors.
Audit Committee (AC)
The Audit Committee carries out tasks in connection with accounting and financial reporting, internal controls, the external auditors and the Internal Audit department. AC meetings are also attended by the Group CEO, the Group CFO and representatives of the internal and external auditors.
Nomination & Compensation Committee (NCC)
The NCC prepares the groundwork for all decisions on important personnel and related organizational issues at the Group Executive Board and senior management level, including all issues pertaining to compensation. NCC meetings are attended by the Group CEO and the Head Human Resources.
Risk Committee (RC)
The RC carries out tasks in connection with the implementation of risk policy at SIX and in connection with the Securities Services business area. RC meetings are also attended by the Group CEO, the Group CFO and the Group CRO.