Anchor has clear corporate governance arrangements designed to ensure that the organisation is well run, that we manage our resources effectively, provide a quality service to customers, manage and mitigate risk appropriately while at all times acting in accordance with our values.
The Board comprises our non-executive trustee directors who bring a broad range of experience and skills to the organisation. They meet formally ten times per annum.
The Board has responsibility for:
- setting the strategy for the organisation and holding the executive to account for its successful delivery
- risk control and management
- ensuring an effective system of governance and internal control
- ensuring that Anchor’s business is conducted in accordance with its Memorandum and Articles of Association and the relevant acts, standards and codes as set by our various regulators
The day to day management of the organisation is delegated through a formal schedule of delegation to the Chief Executive and her team.