The Board has appointed an Audit Committee comprising of a Chair and two other non-executive members of the Board.
The Committee meets at least three times a year. The Chair, the Chief Executive Officer, Chief Financial Officer and Head of Finance are invited to be present at each meeting.
Part of at least one meeting a year is set aside for the Committee to meet with the external auditors without the presence of the company’s executive team. The Company’s external statutory auditor for the year ended 31 March 2022 was Haysmacintyre.
The ‘Terms of Reference’ document outlines the functions and responsibilities of the Committee. This document is reviewed regularly by the Audit Committee and presented to the Board thereafter for approval.
Nominations Committee (also known as Athletics Appointment Panel)
The Board has appointed a Nominations Committee to oversee, scrutinise and recommend potential members to the Board (including the CEO) and make recommendations for the role of President and Vice-President.
The Committee shall consist of the Chair of the Board of UKA, the Senior Independent Director (SID) and each of the independent Non-Executive Directors (INED). The Committee will be chaired by the SID.
The Committee will also consider changes to the standard contractual terms and conditions for UKA employees.
The ‘Terms of Reference’ document outlines the functions and responsibilities of the Committee. This document is reviewed regularly.
Standards Ethics and Rules Committee
The Board has appointed a Standards Ethics and Rules Committee comprising a Chair who is a member of the Board and other independent individuals.
The Committee carries out its role through meetings in such manner and frequency as determined by the chair. Committee will be comprised of individuals with such skills and experience as the Board considers appropriate. The Home Country Athletics Federations shall propose members with appropriate skills and experiences, whether independent or not.
Any member of the Committee who has a connection within the sport will, whatever their roles or involvements, act independently on the Committee of any organisation with which they are connected. The Board will appoint further “independent” members, on the recommendation of the Committee chair and Chief Executive.
The ‘Terms of Reference’ document outlines the functions and responsibilities of the Committee. This document will be reviewed regularly by the SERC Committee and presented to the Board thereafter for approval.
The current members of this Committee are I Beattie (SER Committee Chair) – the additional Committee members are available to view here.