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Board Oversight Committee member

Board Oversight Committee member

The ideal candidate for the role of board oversight committee member is 

  • Honest, reliable, open minded, methodical, tactful & fair
  • Computer literate to a high level

Main Functions

  • Supervise activites of board
  • Ensure Full quorum present at meeting
  • Conduct quarterly apprasials of board
  • Supervise committee meetings
  • Record minutes
  • Attend auditor meeting - both internal and external
  • Protecting members interests

The Credit Union Act, 1997 (as amended) requires the appointment of a Board Oversight Committee to assess whether the board of directors has operated in accordance with Part IV, Part IVA and any regulations made for the purposes of Part IV or Part IVA of the Credit Union Act, 1997 and any other matter prescribed by the Central Bank in respect of which why are to have regard to in relation to the board.

Board Oversight Committee member

Published on 27.12.2019