Share price 505.50GBp Home About us Corporate governance Training and development About us Overview Purpose and vision Our business model Corporate governance The role and structure of the Board Board diversity, composition and division of responsibilities Effectiveness of the Board Training and development Relations with shareholders Board Committees Management Committees Remuneration principles Remuneration Policy Board of Directors Executive team Our brands Training and development The Chairman ensures that all Directors receive a tailored induction on joining the Board, with the aim of providing a new Director with the information required to allow him or her to contribute to the running of the Group as soon as possible. The induction programme is facilitated and monitored by the Company Secretary to ensure that all information provided is fully understood by a new Director and that any queries are dealt with. Typically, the induction programme will include a combination of key documents and face to face sessions covering the governance, regulatory and other arrangements of the Group. As senior managers, under the Senior Managers Regime operated by the PRA and FCA, all Directors have had to maintain the skills, knowledge and expertise required to meet the demands of their positions of ‘significant influence’ within the Group. As part of the annual fitness and propriety assessment, Directors are required to complete a self-certification that they have undertaken sufficient training during the year to maintain their skills, knowledge and expertise and to make declarations as to their fitness and propriety. The Company Secretary supports the Directors to identify relevant internal and external courses to ensure Directors are kept up to date with key regulatory changes, their responsibilities as senior managers and other matters impacting the business. Information and support The Company Secretary and the Chairman agree an annual calendar of matters to be discussed at each Board meeting to ensure that all key Board responsibilities are discharged over the year. Board agendas are then distributed with accompanying detailed papers to Directors in advance of each Board and Committee meeting. These include reports from Executive Directors and other members of senior management. All Directors have direct access to senior management should they require additional information on any of the items to be discussed. The Board and Group Audit Committee also receive further regular and specific reports to allow the monitoring of the adequacy of the Group’s systems and controls. The information supplied to the Board and its Committees is kept under review and formally assessed on an annual basis as part of the Board evaluation exercise to ensure it is fit for purpose and that it enables sound decision-making. There is a formal procedure through which Directors may obtain independent professional advice at the Group’s expense. Connect with us: Popular pages Our brands Investors Reports, presentations & results Useful links FAQs News Corporate responsibility Contact us General enquiries Investor enquiries Recruitment enquiries At OSB Group we are constantly on the look-out for bright and ambitious people looking for worthwhile careers at various locations in Kent, London, the Midlands and overseas. See all our vacancies © OSB GROUP PLC 2021 Sitemap Terms and conditions Cookies Privacy Policy Modern Slavery Statement OSB GROUP PLC is the listed entity and parent company for OneSavings Bank plc. OneSavings Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (registered number 530504). We subscribe to the Financial Services Compensation Scheme and the Financial Ombudsman Service. By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyse site usage, and assist in our marketing efforts. Cookie Policy Cookies Settings Accept All Cookies