About Us: Corporate Structure
The Institute of Cancer Research, together with The Royal Marsden NHS Foundation Trust, forms the largest comprehensive cancer centre in Europe, and one of the leading centres in the world. The Institute itself employs over 850 staff and postgraduate students of whom 91% are directly engaged in research and research support. It raised £56.1m during the year ended 31 July 2004 from research grants and voluntary income and spent some £59.3m which included £6.0m of capital expenditure.
The Institute is
The overall governing body of The Institute is its Board of Trustees.
The Board of Trustees
The Board of Trustees carries the overall responsibility for ensuring that The Institute pursues its charitable objects, complies with its own constitution and relevant legislation and regulations, applies its resources exclusively to its objects and enacts cancer research of the highest international standard. In addition, the Board of Trustees recognises the principles underlying "The Committee on Corporate Governance's Combined Code" and applies them within The Institute.
The Board of Trustees determines The Institute's strategies; approves its scientific and financial plans, annual report and accounts and governance structure, makes key appointments (Chief Executive, Academic Dean, Secretary of The Institute and Heads of Laboratories) and monitors The Institute's strategic performance. It also approves new initiatives and non-recurrent expenditure costing £500,000 or more.To facilitate the smooth running of The Institute, the Board of Trustees has established a number of sub-committees. The terms of reference of each committee have been approved by the Board of Trustees.
The Academic Board
The Academic Board advises, through the Academic Dean, the Board of Trustees on education strategies and priorities.
The Audit Committee
The Audit Committee supervises internal and external audit in order to safeguard the integrity of The Institute's financial systems and ensure economy, efficiency and effectiveness in the use of The Institute's resources.
The Constitutional and Nomination Committee
The Constitutional and Nomination Committee approves the balance of skills and attributes required of non-executive members of Institute committees so that The Institute may be properly and independently governed. The Committee appoints such individuals to fulfil that function (except to the Board of Trustees) and appoints Associates of The Institute. The Committee recommends to the Board of Trustees the admission of Fellows and Members of The Institute and appointments to the Board of Trustees.
The Remuneration Committee
The Remuneration Committee determines the remuneration policy and the salaries of senior members of staff.
The Corporate Management Group
The Corporate Management Group assists the Chief Executive in managing The Institute to achieve its strategic aims and objectives within the approved strategy for research and education, and within the approved budget.
The Joint Research Committee
The Joint Research Committee advises the Chief Executives and through them, The Institute's Board of Trustees and The Royal Marsden NHS Foundation Trust's Board of Directors on all research strategies and priorities.
The Investments and Building Development Committee
The Investments and Building Development Committee manages the Institute's investments and building developments.
The Fundraising and PR Committee
The Fundraising and PR Committee manages the Institute's fundraising and public relations activities.
The Intellectual Property Committee
The Institute's full annual report is available for download as a PDF on the Annual Review page.
Last modified: 13/5/05