Corporate Governance
The Big Brothers Big Sisters Board of Directors recognises that good corporate governance is not just the domain of the business sector, it is also mandatory for any not-for profit.
Our objective in relation to corporate governance practices is to maintain integrity and accountability in everything we do, whether this is developing and implementing programs and policies for young people at risk, collecting and allocating funding to Program Delivery Partners or the planning and decision making of the Board and Management.
The role of the Board is to govern the organisation with responsibility to all stakeholders including Program Delivery Partners, funding bodies, volunteers and clients. The Board appoints a CEO and delegate’s authority and decision making to the CEO in order to allow that person to manage the organisation.
The Board is responsible for ensuring that the organisation has:
- A qualified, effective and committed CEO
- Clear planning and strategic direction
- Appropriate and timely management information
- Sound resource management
- Adequate controls
- Sufficient funds to meet commitments
The Constitution provides that there be a minimum of 3 Directors and maximum of 10 and that Directors elect a Chairperson from their number.
Big Brothers Big Sisters of Australia Board of Directors supports the ASX Principles of Good Corporate Governance and Best Practice Recommendations. The Board meets 10 times each year and also holds an Annual General Meeting.
Non Executive Directors do not receive any remuneration.
