The CEO report was presented updatingthe Committeeon activityacross the  whole rangeof theCompany’s activity.

The Committee were updated on the following key areas:

·        Partner Fund collaboration.

·        An update on progress in relation to corporate functions including the expected outturn for the Operating Budget.

·        The key business risks to the organisation, noting that Political risk continues to be significant.

Following discussion around impact of delays in recruitment it was:

RESOLVED: To note the contents of the report.