Corporate governance

Transparency &
accountability.

USEL is committed to the highest standards of corporate governance. Find our board information, minutes, policies and annual reports below.

Board of Directors

Our Board of Directors.

USEL is governed by an independent board of directors who provide strategic oversight and ensure accountability across the organisation.

Chair
William Leathem
Appointed 1 August 2019 to 31 July 2027
Second term
Board Member
Raymond Donnelly
Appointed 1 May 2019 to 30 November 2026
Second term
Board Member
Raymond Halvin
Appointed 1 August 2019 to 31 July 2027
Second term
Board Member
Damian Duffy
Appointed 1 December 2020 to 30 November 2028
Second term
Board Member
Sarah Wakfer
Appointed 1 December 2020 to 30 November 2028
Second term
Board Member
Ellen Finlay
Appointed 1 December 2024 to 30 November 2028
First term
Board Member
Michele Corkey
Appointed 1 January 2025 to 31 December 2028
First term
Remuneration

The Chair position attracts remuneration of £279.18 for each board meeting attended.

Board Members receive remuneration of £154.59 for each board meeting attended. Any extra work undertaken will be paid at an hourly rate.

Board Minutes

Board meeting minutes.

Minutes from USEL board meetings are published below. Click any entry to open or download the PDF.

Statement of Investment Principles

Investment principles.

The Statement of Investment Principles (SIP) details the investment policy for USEL's pension scheme. The Engagement Policy Implementation Statement (EPIS) outlines how the policy is implemented in practice.


Bribery Statement

Zero tolerance policy.

USEL and its management are committed to a zero-tolerance policy on bribery and corruption. We will not accept any form of bribery in our operations and take all reasonable steps to ensure compliance with the Bribery Act 2010 across our organisation and supply chain.

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