The Group’s Board of Directors is comprised of a Non-Executive Chairman, two Non-Executive Directors and two Executive Directors and is responsible for the proper management of the Company and the Group.
Ivan Martin was appointed to the Board on 1 January 2016 and assumed the role of Non-Executive Chairman on 4 March 2016. Ivan is also Non-Executive Chairman of TelcoSwitch, a privately owned provider of Unified Communications Software as a Service. Until April 2021, Ivan was a Non-Executive Chairman of Xceptor, a London-based international software business which was sold by CBPE Capital to Astorg Partners. Ivan has held a number of significant Executive and Non-Executive positions in both the Technology and Financial Services sectors. He was Chief Executive Officer of Misys Banking and Capital Markets and a main board member of Misys plc. He was also Chairman of FDM Group from 2006 to 2019, during which time he oversaw the growth and evolution of this company from an AIM listing to a FTSE 250 member valued at over £1billion. Ivan is a member of various Wulstan Capital LLPs and Parch Three Estates LLP, being commercial property investment vehicles. He has no other significant commitments.
Jeremy was appointed to the Aptitude Software Board as CEO in January 2020. Jeremy joined Aptitude Software in January 2018 as the Chief Client Officer for Europe & Asia. Prior to joining Aptitude Software, Jeremy undertook a number of Executive roles at Hewlett Packard Enterprise including Vice President, Financial Services Industries EMEA & Vice President Global Accounts.
Philip Wood was appointed Chief Financial Officer on 2 January 2007. A Chartered Accountant, Philip spent seven years with AttentiV Systems Group plc and its group companies during which time he as Group Finance Director oversaw the group’s flotation in 2004 and subsequent acquisition in 2005 by Tieto Corporation. Following the disposal in July 2019 of Microgen Financial Systems, Philip was appointed to the position of Deputy Chief Executive Officer and Chief Financial Officer. Philip is also a Non-Executive Director and Chair of the Audit Committee of SmartSpace Software Plc.
Barbara Moorhouse was appointed as a Non-Executive Director on 1 April 2017 and was Chair of the Audit Committee until 16 March 2022. Barbara is now Senior Independent Director and Chair of the Remuneration Committee. Barbara has extensive senior experience in operating and financial roles across the public and private sectors. Her most recent executive roles were as Chief Operating Officer at Westminster City Council, and Director General at Ministry of Justice and Department for Transport. Earlier in her career, she was Chief Financial Officer at two international listed software companies – Kewill Systems plc and Scala Business Solutions NV. Barbara is Independent Chair of Agility Trains, a Non-Executive Director of Balfour Beatty plc, and Senior Independent Director and Chair of the Audit Committee of Medica Group plc. Barbara is also currently Chair of the Rail Safety and Standards Board, but she will step down from this role in May 2022.
Sara Dickinson was appointed as a Non-Executive Director on 1 October 2021 and was appointed as Chair of the Audit Committee on 16 March 2022. Sara was appointed as Chief Financial Officer of the British Standards Institute on 24 January 2022. Prior to this, Sara was Senior Vice President of Finance at Expedia Group, and previously the Chief Finance Officer of Expedia Partner Solutions, the global B2B technology solutions division within Expedia. Sara has over 25 years of financial experience, as well as significant knowledge of digital finance processes and finance transformation. Until August 2021, Sara was a Non-Executive Director and Chair of the Finance Committee of A2Dominion, a residential property group with a debt listing on the London Stock Exchange. Sara’s other past experience includes Commercial Finance Director at Costa Coffee, Group Financial Controller for Sage Group plc and Vice President and European Chief Financial Officer of ebookers.
Georgina Sharley was appointed as Company Secretary on 10 December 2018. She is a member of the Institute of Chartered Secretaries and Administrators and has 19 years’ experience in supporting UK listed companies and groups with fulfilling their corporate governance and statutory compliance obligations.
The Board has established an Audit Committee, a Nomination Committee and a Remuneration Committee with formally delegated duties and responsibilities.
The Nomination Committee review the structure, size and composition of the Board and its Committees including its balance of skills and experience and make recommendations to the Board with regard to any changes. In addition it also leads the process for Board appointments, whilst considering succession for Directors and other senior executives, including the identification and assessment of potential candidates.
The Committee provides support to the Board in meeting its statutory responsibilities as set out in the UK Corporate Governance Code, which requires that Audit Committees have competence relevant to the sector in which the Company operates. The Audit Committee also monitors the integrity of the financial statements of the Company and meets regularly with management and the Company’s external auditors to review and monitor the financial reporting process, the statutory audit of the consolidated financial statements, audit procedures, risk management, internal controls and financial matters. The Audit Committee receives and reviews reports from management and the Company’s auditors relating to the annual and interim accounts and the accounting and internal control systems in use throughout the Group.
The Committee’s primary function is to support the Company’s strategy by ensuring its delivery is supported by the Company’s remuneration policy. This includes determining the Company’s remuneration policy and monitoring its implementation, approving remuneration packages for each of the Executive Directors and the senior leadership team, determining the terms on which Performance Share Plan and Company Share Option Plan awards are made; reviewing and setting performance targets for incentive plans.
This document sets out terms of reference for the Board and Board Committees of Aptitude Software Group plc and adopts governance standards as set out in the Code. Download the full document below.
