The Valad Property Group Boards’ have adopted a Board Charter which sets out the objectives, responsibilities and framework for the operation of the Boards. The Board Charter also sets out those matters and powers which are reserved to the Boards and not delegated to management.

In summary, the Board Charter sets out the following as responsibilities of the Board: 

• Providing strategic guidance to the Group
• Reviewing the Group’s performance against agreed Business Plans and strategic objectives 
• Approval of annual and half yearly report
• Liaison with the Group’s auditors and overseeing the operation of the Group’s compliance and risk management systems
• The Board’s role compared to management
• The Board’s ability to take independent legal and other professional advice