Board and senior team
The Board is responsible for all major decisions about the way the company is run. This includes everything from setting our strategy and agreeing our annual budget to managing risks and helping develop the company's culture. The Board is made up of an independent Chair and two independent directors, five directors nominated by our Member firms, our Chief Executive and Chief Financial Officer. This gives the Board a wide range of perspectives, industry experience and deep insight into how the company is running. The Board meets five times a year.
Our senior team
The senior team is responsible for the day-to-day running of the company. Our Directors run three teams: a central operations team, which keeps the company running smoothly and works with our stakeholders, a delivery team responsible for developing the Banking Hubs, and a commercial and innovation team, which works with existing and new suppliers to provide services that meet communities' needs.