The Board Committees

Certain responsibilities are delegated to Board Committees, which assist the Board in carrying out its functions and ensure that there is independent oversight of internal control and risk management.

The Chairman of each Board Committee reports to the Board on the matters discussed at Committee meetings.

Board Audit Committee

• Reviews accounting policies and the contents of financial reports
• Monitors disclosure controls and procedures and the internal control environment
• Considers the adequacy and scope of the external and internal audit
• Oversees the relationship with our external auditors.

Board Citizenship Committee

• Reviews and approves Barclays overall Citizenship strategy and associated policies
• Considers Barclays reputational risk issues and exposures 
• Reviews and approves the Community Investment strategy, key performance indicators and objectives, and agrees the annual Community Investment budget
• Oversees Barclays Treating Customers Fairly agenda and progress against objectives.

Board Corporate Governance and Nominations Committee

• Reviews composition of Board
• Recommends appointment of new Directors
• Considers succession plans for Chairman and Chief Executive positions
• Reviews Barclays Talent Management Programme
• Monitors corporate governance issues
• Oversees the annual Board performance review.

Board Remuneration Committee

• Sets the over-arching principles and parameters of Remuneration Policy across the Group
• Considers and approves remuneration arrangements for executive Directors and senior executives
• Approves individual remuneration awards
• Agrees changes to senior executive incentive plans
• Governs employee share schemes
• Looks at strategic HR issues.

Board Risk Committee

• Recommends total level of risk we are prepared to take (risk appetite) to the Board
• Monitors risk appetite
• Reviews limits for individual types of risk
• Monitors the risk profile
• Obtains assurance that principal risks have been properly identified and are being appropriately managed.