Question:Who should set directors' reward and incentive packages, according to corporate governance provisions?
  A. The nomination committee
  B. A remuneration committee made up of independent non-executive directors
  C. A remuneration committee made up of a balance of executive and non-executive directors
  D. The board of directors
  The correct answer is:A remuneration committee made up of independent non-executive directors
  Rationale: Only this option fulfils the requirement for full independence of the body that sets directors' remuneration (to avoid directors' awarding themselves unjustifiable rewards!). A nomination committee has the separate task of overseeing board appointments.