Board of Directors

Spar Nord’s Board of Directors makes overall decisions regarding vision, mission, strategies and policies, and it has also established an Audit Committee, a Risk Committee and a Nomination and Remuneration Committee.

Spar Nord’s Board of Directors makes overall decisions regarding vision, mission, strategies and policies, and it has also established an Audit Committee, a Risk Committee and a Nomination and Remuneration Committee.

Board self-evaluation
The Board of Directors performs an annual self-evaluation, assessing its work and results.

Discussions are ongoing throughout the year, while an actual evaluation of the skills of each board member is performed once a year. In that connection, an evaluation of the Board’s combined
skills is also made.

In 2024, the evaluation was made using external assistance combined with an in-house evaluation. The external evaluation was based on an anonymous questionnaire survey with each member of the Board of Directors and the Executive Board. The in-house evaluation focused primarily on individual and collective skills as well as a fit-andproper assessment of the board members.