RE: Finance director resigns2 Nov 2023 16:37
Taken from Jarvis securities Web page.
Maintain governance structures and processes that are fit for purpose and support good decision-making by the board
The board of Jarvis and JIM comprises the same individuals. The two boards hold separate quarterly board meetings. The board of JIM maintain responsibility for the strategy, stakeholder relationships, regulation and financial reporting of JIM. The board of Jarvis are responsible for corporate governance, financial reporting and dividend policy. The key board roles covering both entities are as follows:
Chairman & Chief Executive - responsible for the strategy and for the day to day management.
Business Development Director – responsible for strategic implementation, on boarding of new regulated commercial clients, relationship management with clients and key suppliers.
Finance Director – responsible for financial reporting and analysis and CASS oversight.
Non Executive Director – responsible for reviewing strategic decisions made by executive directors and ensuring the board act in the interest of independent shareholders at all times.
In addition to the board, Jarvis maintains an audit committee and remuneration committee, the roles of which are detailed below principal 5.
At this stage the Company believes its governance structure is appropriate for its size.