Agenda item

Risk Committee of the Barbican Centre Board - Membership

Report of the Town Clerk.

Minutes:

The Board considered a report of the Town Clerk proposing an amendment to the composition of the Board’s Risk Committee, such that a representative of the Barbican Centre Trust was invited to serve as a co-opted Member.

 

Members noted that the Barbican Centre Trust had recently established a Risk Committee, to give it greater oversight of matters that might affect its fundraising activities. The appointment of the Chairman of the Trust to the Board’s Finance Committee had proven beneficial in enabling greater Board awareness of and involvement in development activities, and it was suggested that this current proposal would have similar benefits in terms of facilitating greater connectivity and collegiate working across the two bodies.

 

It was suggested that, should the arrangement be approved, it be reviewed after a twelve-month period to determine whether it was effective and if it should be continued.

 

RESOLVED: That:-

·         Members approve an amendment to the composition of the Board’s Risk Committee, such that “a representative of the Barbican Centre Trust” is added;

·         the Barbican Centre Trust be invited to nominate said representative, with authority delegated to the Town Clerk in consultation with the Chairman and Deputy Chairman to approve the specific individual’s appointment to the Risk Committee on behalf of the Board; and

·         the arrangement be reviewed after a twelve-month period.

 

Supporting documents: