RBS N.V. Supervisory Board
The Supervisory Board is responsible for supervising the Managing Board’s conduct of the business and the general course of affairs of the Company and its associated businesses. It also advises the Managing Board, whereby it is being guided by the interests of the Company and those of its associated businesses.
We have developed a set of rules governing the Supervisory Board’s Principles and Best Practices. These rules include a description of the responsibilities of the Supervisory Board, principles on its composition, the relationship with the Central Works Council and shareholders and details on the Risk & Audit sub committee.
It is required by the Dutch Corporate Governance Code, Principle III.1.1, to publish the set of rules on its website (view rules).
The Supervisory Board of RBS NV
For more information on the individual members of the Supervisory Board, please select the links in the left hand menu.
The members are appointed for a period of 4 years at a time and shall thereafter be eligible for re-appointment, provided that no member shall hold office for more than three 4-year terms or twelve years, as the case may be, or when a member reaches the age of 70.
The Supervisory Board has one sub-committee, the Risk & Audit Committee. The Risk & Audit Committee is responsible for all matters relating to accounting policies, internal control, financial reporting functions, internal audit, risk assessment and regulatory compliance of RBS NV.