Governance

Annual General Meeting

You’re probably already aware that our Annual General Meeting is around the corner, and we love the fact that every member has a voice and can vote on what happens next. We’re proud to have been here for the past 170 years – but it’s the years ahead that really excite us! You can find all the details of this year’s meeting here.

Board Committees

The primary focus of the Board is to ensure that the Society has a sustainable future based on strong financial and risk management. The Board also has a duty to ensure that The Cambridge operates within relevant regulation and that proper accounting records and effective systems of business control are established, maintained, documented and audited.

Audit Committees Terms of reference Download

Audit Committee

The Committee is responsible for the review of the integrity of financial statements, the effectiveness of internal controls and compliance systems. It recommends acceptance of the annual accounts to the Board and monitors the performance, objectivity, competence and effectiveness of the internal and external auditors. The Committee recommends to the Board (for approval by our members) the appointment or reappointment of the external auditors.

Remuneration & Organisational Design Committee Download

Remuneration & Organisational Design Committee

The Committee is responsible for the terms and conditions of employment of the Executive Directors and also recommends Non-Executive remuneration to the full Board.

Nominations Committee Download

Nominations Committee

Responsible for succession planning for both Executive and Non-Executive Director positions, the Nominations Committee leads the process for recommending and appointing new members to the Board. It considers the balance, skills range, knowledge and experience of the Board, the requirements of the organisation, and recommending change where appropriate.

Risk Committee Download

Risk Committee

The Committee advises the Board on setting the Society’s overall risk appetite, risk tolerance and risk strategy and is responsible for monitoring risk management across the organisation. The Committee has close links with the Society’s Mortgage Credit, Assets and Liabilities, Conduct Risk and Operational Committees.