Annual Report and Accounts 2016
The CBI Board on 13 June 2016 agreed to establish a Remuneration Committee at the CBI, an initial informal meeting of the Remuneration Committee was held on 11th September 2016 with the first formal meeting of the committee held on 13 March 2017. The committee is scheduled to meet as required but at least twice per annum.
Committee members and the Chair of the Committee shall be appointed by the President with each such appointment being notified to and ratified by the Board. Only non-executive directors may be Committee members. There shall be at least two members of the Committee, each of whom shall be a non-executive director. If the number of members falls below two, the Board shall appoint a replacement.