AGM and Directors' Election

Community Cps Australia Limited
ACN 087 651 143
Trading as Beyond Bank Australia (BBA)
Call for Nominations
2018 Directors’ Election
 

Two directors are to be elected in accordance with the Constitution of BBA.

Director David Nichol, the current Chair of the BBA Foundation Limited Board, offers himself for re-election. Director Jodie (Joanne) Baker is a Board appointed director whose term ends at the end of the 2018 BBA Annual General Meeting and is seeking election to the BBA Board.

These two directors have substantial skills and experience at senior executive level in the areas of banking, finance, wealth management, risk management, insurance, strategy, and executive management.

The Board of BBA is skills based and is committed to maintaining a mix of directors that collectively bring the required experience and skills to enable the Board to operate efficiently and effectively.

Members considering being nominated need to be mindful that as part of the Nomination Committee’s assessment process the focus will be on candidates that, at a minimum, possess some of the above mentioned experience and skills set.

BBA is subject to the requirements of the Corporations Act which, together with a number of common law obligations and prudential requirements, imposes specific duties and significant responsibilities and accountability on directors.

BBA, being an authorised deposit-taking institution (ADI), is subject to the Australian Prudential Regulation Authority’s (APRA) Prudential Standard CPS 520 Fit and Proper (F&P Standard). The F&P Standard sets out
the minimum requirements that ADIs must apply in determining the fitness and propriety of individuals who hold positions of responsibility with the ADI which includes directors.

In accordance with the BBA Constitution every candidate must submit to an interview by the Nomination Committee. The role of the Nomination Committee is to assess each candidate and determine whether it is
satisfied that the person is fit and proper and as part of this assessment has demonstrated an ability to be a director against the model criteria.

It would be prudent for any member considering whether to be nominated to acquaint themselves with the duties imposed on directors by the general law and by the Corporations Act, and also the BBA Constitution.

Members requiring more information may obtain it from the Group Company Secretary, Mr Gianni Milani, by telephoning 13 25 85 or by emailing Gianni who can also provide the nomination ‘pack’. Nominations close at 5.00pm ACST, on 27 July 2018.

Gianni Milani
Group Company Secretary