Governance

As a Board, we are ultimately responsible for framing and executing UBM’s strategy and for overseeing risk management. We consider the practice of good governance to be integral to that role and we are committed to maintaining high standards of financial reporting, transparency and business integrity in all UBM’s undertakings.

As UBM’s businesses evolve into new areas and expand into new geographical markets, the issues become more complex and the Board's role becomes ever more challenging. In order to ensure that we are fully equipped to perform our role effectively, in 2010 we concentrated our attention on the following areas:

• We undertook an ongoing and in-depth review of strategy, including assessment and consideration of risk management.
• We reviewed Board composition to ensure we have the appropriate mix of experience and personality around the boardroom table.
• We increased our non-executive directors’ access to and engagement with the businesses, through site visits (the Board visited two of our largest exhibitions in Brazil and India during the year), management presentations and the development of mentoring programmes.
• We reviewed talent management and succession planning to ensure we have the necessary management resource to continue to build on UBM’s success.

Click here to view the 2010 Corporate Governance Statement