Constitutional Documents

Governance Structure

The ICFR is managed by the Board of Directors which delegates day-to-day management to the chief executive. 

The Board believe that good corporate governance is central to achieving the Company’s objectives and maximising member value. In managing the affairs of the Company, the Board is committed to achieving high standards of business integrity, ethics, professionalism, corporate governance and the principles of the Combined Code as published by the Financial Reporting Council.

The Board has established audit, remuneration and nomination committees as standing committees of the Board with written terms of reference, which are kept under regular review. These committees are key elements of the Company’s corporate governance framework.  Click here for more details on the Company's Governance Structure and the terms of reference for the standing committees.

Further details of our corporate governance processes are reported in our Report and Accounts.
 

Useful documents

Please click on the links below
 

• Memorandum of Association
•  Articles of Association (as at 11 November 2009)
• Prospectus for the creation of the ICFR - Lord Currie
• Directors' Report and Financial Statements for the period to 31 March 2009
• Board Committees - terms of reference