Agenda item

Resolution from the Social Investment Board regarding proposed changes to the Board’s Membership.

The Committee considered a resolution from the Social Investment Board regarding some proposed changes to the Board’s membership.

RESOLVED – That the following changes to the Social Investment Board’s membership be approved:

·         The addition of a Property Investment Board Member to the Social Investment Board;

·         The addition of a City Bridge Trust Committee Member to the Social Investment Board;

·         Giving the Investment Committee appointment powers for the two Members previously elected by the Court of Common Council. These appointments would still be made from the entire Court Membership (not just from the Investment Committee);

·         External co-opted members be appointed for four-year terms, subject to annual reappointment at the first meeting of the Board after Annual Court in April.