• Dr Chris Hand

    Dr Chris Hand

    Chairman

    Dr Chris Hand is co-founder of Abingdon Health. He has 30 years’ experience in the medical diagnostics industry in the…

  • Chris Yates

    Chris Yates

    Chief Executive Officer

    Chris Yates joined Abingdon Health as CEO in July 2015. Chris had originally co-founded Abingdon Health with Dr Chris Hand…

  • Melanie Ross

    Melanie Ross

    Chief Financial Officer

    Melanie is a highly experienced executive with a strong track record of process and business improvement, and has broad experience…

  • Lyn Rees

    Lyn Rees

    Non-executive Director

    Lyn is an experienced executive in global healthcare and holds positions on the board of AIM-listed companies Yourgene Health plc…

  • Mary Tavener

    Mary Tavener

    Non-executive Director

    Mary is the Senior Independent NED of Abingdon Health and Chair of the Audit Committee. Mary has extensive experience in…

Corporate Governance

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Audit Committee

Chaired by: Mary Tavener

Other Members: Lyn Rees

The Audit Committee is appointed by the Board from amongst the Non-executive Directors of the Group.

How often does the Committee meet?

The Audit Committee meets at least four times a year at appropriate times in the reporting and audit cycle and otherwise as required.

What are the main responsibilities of the Audit Committee?

The Committee’s responsibilities are set out in its terms of reference. The role of the Committee is to assist the board in fulfilling its oversight responsibilities by reviewing and monitoring:

  • the integrity of the financial and narrative statements and other financial information provided to shareholders;
  • the Company’s system of internal controls and risk management;
  • the internal and external audit process and auditors;
  • the processes for compliance with laws, regulations and ethical codes of practice;
  • the Company’s attitude to and appetite for risk and its future risk strategy; and
  • how risk is reported internally and externally.

The Audit Committee is required to report its findings to the Board, identifying any matters in respect of which it considers that action or improvement is needed and make recommendations as to the steps to be taken.

Who is the Group’s Auditor?

BDO LLP is the Group’s current Auditor, having originally been appointed in 2016.  There are no contractual obligations restricting the Company’s choice of external auditor.

What is the policy on the Auditor providing non-audit services?

In order to seek to preserve auditor objectivity and independence, the Company monitors the provision of non-audit services by the Auditor.  Such services are subject to the approval of the Group Finance Director and the Audit Committee.  The ratio of audit fees to non-audit fees charged by the external auditor in any one year as a proportion of the annual external audit fee is kept under regular review to ensure that neither their independence nor their objectivity is put at risk.

Remuneration Committee

Chaired by: Lyn Rees

Other Members: Mary Tavener

The Remuneration Committee is appointed by the Board from amongst the Non-executive Directors of the Group.

How often does the Committee meet?

The Remuneration Committee meets at least twice a year at appropriate times and otherwise as required.

What are the main responsibilities of the Remuneration Committee?

The Committee’s responsibilities are set out in its terms of reference. The role of the Committee is to assist the board in fulfilling its oversight responsibilities by reviewing and monitoring remuneration strategy including:

  • determine and agree with the board the framework or broad policy for the remuneration of the Company’s chairperson and the executive directors including pension rights and compensation payments;
  • the Committee shall recommend and monitor the level and structure of remuneration for senior management;
  • the Committee shall review the ongoing appropriateness and relevance of the remuneration policy; and
  • the Committee shall approve the design of, and determine targets for, any performance related pay schemes operated by the Group and approve the total annual payments made under such schemes.

The Remuneration Committee is required to report its findings to the Board, identifying any matters in respect of which it considers that action or improvement is needed and make recommendations as to the steps to be taken.

What is the objective of the Remuneration Committee?

The objective of the Remuneration Committee is to ensure that remuneration is appropriate to attract, retain and motivate the executive management of the company without paying more than necessary. The remuneration policy will bear in mind the Company’s appetite for risk and be aligned to the Company’s long term strategic goals. A significant proportion of remuneration should be structured so as to link rewards to corporate and individual performance and be designed to promote the long term success of the Company.

Nomination Committee – The Board has concluded that the Group does not currently require a Nominations Committee but will review this assessment on a regular basis including discussing the matter with its Nominated Advisor.

For all investor relations enquiries, please contact Consilium Strategic Communications at: abingdonhealth@consilium-comms.com.