Expert decision making putting the Society’s best interests at heart
As a Friendly Society, we are a mutual. This means we don’t have shareholders, we have Members. It is these Members that shape the future of our Society through our Member delegate scheme. Our delegates are there to represent the views of our Members and voice their opinions on how the Society’s Board of Directors should shape their Society.
We are one of the few mutuals who still operate a delegate system. It is a system we are proud of as it truly defines us as a Member first Society.
Below you will find the details of the Society’s corporate and governance information. This includes up to date annual reports, details of leadership and information on how we define our investment policy and future growth plans.
Our Society’s leaders are elected by our delegates with a mandate to deliver on the Society’s mission, objectives and regulatory obligations. You can learn more about our Society’s strategic leadership and the professional advisers we use below.
The Kingston Unity Board
The members of the Board of Kingston Unity are experienced professionals who are passionate about the future of the Society, the benefits it provides for Members and who are committed to mutuality.
Board Sub – Committees
In addition to full Board meetings, Kingston Unity leads through a number of sub-committees. These are there to tackle to detail of specialist Society matters such as Audit, Risk and With Profits Management.
The Society’s Board appoints a range of expert professional advisers to help with the running of the Society. You can learn more about our professional advisers and their roles below.
Our Diversity Policy
The Society adopts a diversity policy that applies to the operation of the Board and all our Sub Committees. The policy includes the selection and recruitment of Board members which is overseen by our Nominations and Governance Committee. This is to ensure that discrimination and stereotyping play no part in the process.
The Society’s policy is to recruit purely on merit alone and is free from bias on the grounds of factors such as age, disability, gender, sexual preference or race that are not relevant to the person’s ability to fulfil the role.
The Society does not adopt specific diversity targets related to Board composition. New appointments are made based on objective selection criteria highlighting the specific skills and experience needed to ensure a rounded Board. However, the Society also recognises and values the differences between people and understands the positive benefits for our members of employing a diverse range of talented people on our Board. Therefore we will always try to ensure that the recruitment process is as expansive as possible to encourage applications from a diverse range, whilst ensuring the required skill sets are likely to be covered as well.