Page 45 - Kildare CU 2022 AR

NOMINATION COMMITTEE REPORT
At the heart of Kildare Credit Union is its volunteers. Unlike other financial institutions, the Board of Directors in the credit union are made up of volunteer members who have the skills and knowledge to lead and manage. Whether you are looking for a leadership role, to gain experience and training or want to give something back to your community and meet like-minded people; Kildare Credit Union can offer invaluable volunteering opportunities.
In return for volunteering, credit union volunteers are afforded the opportunity to:
• Become responsible for directing the affairs of a local business
• Gain new skills and experience with a professional financial services provider
• Enhance personal development through targeted training programmes
• Increase career prospects by adding a valuable achievement to CVs
• Meet like-minded people from the community
• Know that they have helped the continued development of a professional service which benefits the entire community
If you feel that you have the appropriate skills and experience to bring to a volunteer role, please leave your name with any staff member or director and the Nomination Committee will be delighted to contact you.
The Nomination Committee is responsible for:
• Identifying candidates to be nominated for appointment to the Board of Directors and to the Board Oversight Committee
• Proposing candidates for election by a general meeting to be members of the Board of Directors or the Board Oversight Committee
• Overseeing succession planning for the directors and the management team
• Ensuring there is an appropriate Succession Policy in place
• Arranging ongoing Board of Director and volunteer training
• Monitoring ongoing Compliance standards with the Fitness and Probity requirements
• Overseeing the skills set matrix of directors, volunteers and staff
The present membership of the Board is nine directors. As nominations cannot be accepted from the floor at the Annual General Meeting, nominations have already been received for five vacancies on the Board of Directors.
Geraldine Lynch who was elected at last year’s Annual General Meeting had to step down as a director in May 2022 due to career advancement. The Nomination Committee wish to thank Geraldine for her contribution and to wish her every success. Aidan Broughall was co-opted onto the Board of Directors to fill the vacancy left by Geraldine and will be seeking election at this Annual General Meeting.
For the year ended 30 September 2022
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