AGM and Directors' Election

Call for Nominations - 2017 Directors' Election

COMMUNITY CPS AUSTRALIA LIMITED ACN 087 651 143
Trading as Beyond Bank Australia (‘BBA’)

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

Director Sandra Andersen, the current Chair of the BBA Board Risk Committee offers herself for re-election.  Director Trent Bartlett is a Board appointed director whose term ends at the end of the 2017 BBA AGM and is seeking election to the BBA Board.  These two directors have substantial skills and experience at senior executive level in the areas of law, finance (including capital markets), operational risk, 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.  Other skills that will be well regarded include marketing, e-commerce and digital marketing.

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 Company Secretary, Mr Gianni Milani, by telephoning 13 25 85 who can also provide the nomination ‘pack’.  Nominations close at 5.00pm ACST, on 28 July 2017.

Gianni Milani
Company Secretary