Barclays 2011 Annual Report Download - page 16

Governance
Board Corporate Governance and
Nominations Committee Marcus Agius
In order to deliver our strategy, we need the right people. The Board
Corporate Governance and Nominations Committee has a key role
in reviewing new appointments and succession plans to ensure that
we have a Board and an executive management team with the
appropriate skills, knowledge and experience to operate effectively
in an ever challenging environment.
For more detailed information on the Board
Corporate Governance and Nominations Committee,
please see page 38
Board Audit Committee
Sir Michael Rake
It is important that we generate income in a sustainable way and
manage our risks and costs properly, without eroding the controls
we have in place. The Board Audit Committee has a key oversight
role in ensuring that our financial statements are a true and fair
representation of our financial position and strength and that our
control environment is robust and maintained.
For more detailed information on the Board Audit
Committee, please see page 40
1
3
5
Board Corporate Governance and Nominations Committee
42
Allocation of time
2011 2010
1 Corporate governance matters 19 29
2 Board and committee
composition 31 13
3 Succession planning and talent 30 34
4 Board effectiveness 16 17
5 Other 4 7
%
12
3
4
5
6
Board Audit Committee
Allocation of time 2011 2010
1 Control issues 4 8
2 Financial results 42 41
3 Internal audit matters 6 8
4 External audit matters 6 5
5 Business control environment 23 23
6 Other (including Governance
and Compliance) 19 15
%
Board Committee oversight
Board Corporate
Governance and
Nominations Committee
(Group Chairman and four
independent non-
executive Directors)
Board Audit Committee
(Five independent
non-executive Directors)
Board Risk Committee
(Five independent
non-executive Directors)
Board Remuneration
Committee
(Three independent
non-executive Directors
and the Group Chairman)
Board Citizenship
Committee
(Group Chairman and
two independent
non-executive Directors)
Management
Chief Executive
Executive Committee
(Business Unit Heads and the Heads of Key Group Control Functions)
Management Committees
(including Disclosure Committee, Group Governance and Control Committee,
Financial Risk Committee, Operational Risk Committee, Treasury Committee)
Board – Group Chairman, two executive Directors, nine non-executive Directors
14 Barclays PLC Annual Report 2011 www.barclays.com/annualreport