Item 4 - Board Structure (CIV14/18)

Summary:  

Questions were asked at the last PSJC about the process for the appointment of Directors to the Board of the London CIV.  This paper sets out the formal agreements as laid out in the Articles of Association and the Shareholder Agreement.  In addition, each Director has a individual contract with the London CIV.  The note also provides details of the processes actually used for the appointment of the Directors to date and in addition details about their individual Terms of Office.
In addition, if the decision to expand the Board of the London CIV with two individuals from London Local Authorities is adopted then it is proposed that those two new Directors form part of the LCIV Nomination Committee going forward.       

Recommendation:

The paper is for noting.