The Board

The Directors of OPG remain committed to promoting high standards of corporate governance and, whilst not obliged to comply with UK Corporate Governance Code (‘the Code’), the Board aims to do so in way that is appropriate to the size and complexity of the business.

The Board meets at least four times a year. Board papers include matters relating to strategy including both new and expansionary capital items, operating budgets and monthly management accounts. Non-Executive Directors have access to all information and, if required by them, external advice at the expense of the Group.

The Board presently comprises:

Executive

  1. Arvind Gupta (Executive Chairman)
  2. Mr Dmitri Tsvetkov ( Chief Financial Officer)

Non-executive

  1. Mr.Jeremy Warner Allen (Non-Executive Deputy Chairman)
  2. Michael Grasby
  3. Jeremy Beeton

Ms Avantika Gupta is OPG’s Chief Operating Officer, a non-board position. She is responsible for the day-to-day running of the operations of the Company whilst Mr Arvind Gupta retains responsibility for the overall business, matters related to strategic direction and for running the Board. 

In the Board’s view, this composition ensures an appropriately clear division of responsibilities between the running of the Board and the executive responsibility for the running of the Company’s business. 

Audit Committee

The Audit Committee is primarily responsible for ensuring that the financial performance of the Group is properly monitored and reported. It scrutinises the half year and full year financial announcements before their approval by the Board. 

The Audit Committee currently consists of  Mr. Jeremy Warner Allen , Mr. Michael Grasby and Mr. Jeremy Beeton . The CEO and  Chief Financial Officer attend meetings by invitation.

Remuneration Committee

The Remuneration Committee is primarily responsible for reviewing the performance of the Group's Executive Directors and senior management, and setting their remuneration and other terms of employment. The Remuneration Committee is also responsible for the creation and administration of share option schemes.

The Remuneration Committee currently consists of  Mr. Jeremy Beeton, Mr. Michael Grasby and  Mr. Jeremy Warner Allen. 

 

Nomination Committee

The members of the Nomination Committee are Arvind Gupta, Jeremy Beeton and Michael Grasby. The primary duty of the Nomination Committee is to lead the process for Board appointments and make recommendations to the Board.