YourMK is a jointly owned company by Milton Keynes Council and Mears Group PLC.
The NEDs are individual members of the company’s board and not part of the ‘day to day’ management of the business. Their role is to set the overall strategy of the company and hold the executive team to account for performance.
As members of the Board, all NEDs are required to:
Provide entrepreneurial leadership of the Company and establish a framework of effective controls which enable risk to be assessed and managed.
Set the Company's strategic aims, ensure that the necessary financial and human resources are in place for the company to meet its objectives and review management performance.
Set the Company's values and standards and ensure that its obligations to shareholders and others are understood and met.
To oversee the RegenerationMK programme ensuring it meets the objectives of Milton Keynes Council’s RegenerationMK 2030 Strategy
All directors must be able to allocate sufficient time to the Company to perform their responsibilities effectively. Non-Executive Directors will be required to undertake that they will be able to allocate sufficient time to meet the expectations of the role, as set out in their letter of appointment, or as agreed from time to time.