Agenda item

(A)Target Operating Model – to consider proposals relating to the creation of Grade I posts.

For Decision

(A)   Bridge House Estates Target Operating Model Proposal – Phase 1: Leadership Team

The Court considered proposals relating to the organisational re-design of Bridge House Estates (“BHE”) (charity no. 1035628) by the City of London Corporation (“City Corporation”) as corporate trustee, in line with the City Corporation’s Target Operating Model (“TOM”). The report sets out matters for decision which would support the City Corporation, as trustee, in the effective administration and governance of BHE, consistent with its legal obligations as trustee to always act in the best interests of the charity.

Specifically, the report proposed the creation of two new roles within the proposed BHE Leadership structure. These were a new BHE Chief Operating Officer post, and a new Chief Funding Officer post, following the deletion of the Grade H Deputy Director of City Bridge Trust post. As these posts were at Grade I or above, their creation was submitted to the Honourable Court for approval.

Resolved – That the Court of Common Council, considering it to be in the best interests of Bridge House Estates (Charity No. 1035628), approves the creation of a new BHE Chief Operating Officer post at Grade I and also approves the creation of a new Chief Funding Officer post at Grade I.