The Board’s principal duty is to create and deliver sustainable shareholder value by setting iib’s strategic focus and ensuring its effective implementation.
In doing so, due regard is given to matters that will affect the well being and standing of iib. The Board will consider what effect its decisions may have on our stakeholders, our employees, our customers, our shareholders and the communities we serve and operate in.
The Board also looks to ensure that iib’s management achieves the right balance between achieving short-term objectives while promoting long-term growth, in a controlled risk environment.
The Board of Directors is responsible for ensuring iib’s management maintains an effective system of risk management, internal controls and oversight process across the group and its activities.