The Management Board is made up of 11 Directors, 2 of which are independent of the Industry. All are listed on Companies House.

The Directors are responsible for the management of the Association’s business, for which purpose they may exercise all the powers of the Association. The Management Board shall consult the Professional Boards and Advisory Boards on strategy and annual plans.

The Management Board, on a recommendation from the Nominations Committee, will appoint:

• a CEO who will report to the (Management) Board Chair; and
• one of the Directors to be a Treasurer who will oversee the financial performance of the Association and will present quarterly management accounts to the Management Board.

An annual budget and business plan will be agreed by the Management Board and its approval will effect delegated authority to the CEO and Secretary for its execution.