Board Committees
In order to facilitate, efficiently control and ensure transparency and prudence in the management and operations of BLME, the Board has delegated authority to four board committees.
Audit Committee
The Audit committee comprises four members all of whom are non-executive Directors. It is required to review the auditors’ remuneration, assess their independence and recommend their re-appointment at the Annual General Meeting.
Nominations Committee
The Nominations Committee is responsible for matters relating to the composition of the Board, including the appointment of new Directors, and making recommendations to the Board as appropriate. The Committee is also responsible for overseeing the annual performance evaluation of the Board, its principal Committees and the Chairman.
Risk Committee
The role of the Risk Committee is to discuss with the Board the principles of BLME’s risk policy and risk management, and oversee the management of the risk structure and financing portfolios.
Remuneration Committee
The Remuneration Committee considers matters relating to the overall reward framework across BLME, including policy for Executive Management and their individual remuneration awards.