We believe that decision-making is enhanced through diversity in the broadest sense and have adopted practices to reflect this principle. In the context of an effective Board, diversity includes expression of thought, business experience, skill sets and capabilities. We believe that diverse skills and backgrounds help to create a business environment that encourages a range of perspectives and fosters excellence in corporate governance, including the creation of shareholder value.
The Board has determined that merit is the key requirement for Board appointment and executive and employee advancement. In identifying suitable candidates for appointment to the Board or in selecting and assessing candidates for executive positions, candidates are considered on merit against objective criteria regarding experience, education, expertise and general and sector specific knowledge and with due regard for the benefit of diversity.
Currently, our Board consists of eight directors, three of whom are female. Our Executive Team consists of seven members, three of whom are female.