Strategy
Determining the educational character and mission of the university and for oversight of its activities. This includes considering and approving the university’s strategy, which sets the academic aims and objectives of the university and identifies the financial, physical and staffing strategies necessary to achieve these objectives.
Senior postholders
The appointment, grading, suspension, dismissal and determination of the pay and conditions of service of the Vice-Chancellor and the Clerk to the Board.
Staff
Setting a framework for the pay and conditions of service of all other staff.
Financial stewardship
Oversight of the financial management and administration of the university:
- Ensure the financial solvency of the university.
- Safeguard the university’s assets.
- Ensure the effective and efficient use of resources.
- Ensure the funds provided by the funding body are used in accordance with the OfS Terms and Conditions of Funding for Higher Education Institutions.
- Ensure that financial control systems are in place and are working effectively.
- Ensure that the university complies with the OfS’s Audit Code of Practice.
- Approve the annual budget and financial statements.
- Direct and oversee the university’s arrangements for internal and external audit.
Equality and diversity
Having due regard within its decisions to the need to eliminate unlawful discrimination, to advance equality of opportunity, and to foster good relations between different people, in accordance with the public sector general duty of the Equality Act 2010.
Corporate governance
Observing the highest standards of corporate governance, including ensuring and demonstrating integrity and objectivity in the transaction of board business, and wherever possible following a policy of openness and transparency in the dissemination of board decisions.