In line with our commitment to best practice in Board governance, the Board discussed the findings of the 2014 Board self-evaluation exercise at its most recent meeting. This review incorporated the Board’s perspectives on the role of the Board; the Board’s ethos and approach; risk management; performance management; Board effectiveness; relationships with stakeholders; Board composition and corporate reporting. The following paper sets out the context for this exercise. Questionnaires were completed by the Board; the Audit Committee; the Investigation Oversight Committee; the Prescription Committee; the Remuneration Committee and the Operational Management Group. The Board agreed a number of actions arising from this self-appraisal exercise, you can read more about these here.