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CFDG proposes governance changes

CFDG proposes governance changes
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CFDG proposes governance changes

Finance | Gareth Jones | 1 Jun 2006

CFDG has announced proposed governance changes following a recent review. Currently it has 10 trustees, who are all elected from its membership.

In a letter to members, chair Paul Breckell said that CFDG was in a unique position as often charities had a trustee skill gap in relation to finance. It has recognised that in order to develop an appropriate skill base on its board of finance professionals it needs to access trustees from a wider background than its membership. It is proposing that seven of the board be elected from the membership while the other three are openly advertised for.

CFDG is also proposing to change the current requirement that all its members are also members of the charitable company, as this is unnecessarily complex. In future it wants company membership to be limited to trustees. The changes will be presented as formal resolutions for adoption at CFDG's AGM in September. 

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