I am wondering if it's common for universities to have multiple boards, each with a specific mandate to manage and carry out initiatives in a specific field, such as General Planning, Education, Finance, Global Initiatives, etc. I am particularly interested in universities in the US and the UK.
These boards would be hierarchically under the main governing board of the university and would be staffed with professors and led by trustees from the board. They would be at the administrative level.
Would it be more common to name these boards committees or subcommittees?