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The Board has agreed to annually
undertake self-assessments, with an
in-depth externally facilitated assessment
every 3 years. During the course of this
year, two external board evaluations
were undertaken.
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, rail
industry and general company matters.
The Board has regular discussions with
the CEO and Management and attends
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, with the agreement
of the Chairman, which cannot
unreasonably be withheld.
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
•
•
Risk
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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