In accordance with clause 47B of the Constitution of Queensland Country Credit Union Limited (‘Credit Union’), the term of office of the following three Directors ends at the end of the 2019 Annual General Meeting: Patricia O’Callaghan, Greg Nucifora, and Christine Flynn.
Pursuant to clause 51.4, Patricia O’Callaghan, Greg Nucifora, and Christine Flynn are eligible for re-election if they continue to meet the eligibility requirements of the Constitution. Each of the three Directors has indicated their intent to nominate for re-election. An election of Directors is to be conducted by electronic or postal ballot of all Members for those three positions.
Notice is hereby given that nominations are called for the three Director positions that will become vacant.
In order to nominate, a candidate must:
(a) be eligible for election under Clause 48 (Qualification) of the Constitution;
(b) be nominated by two (2) Members; and
(c) consent to the nomination.
Members who are considering nominating for the position of Director should be aware of the significant statutory responsibilities they will assume and be able to devote the necessary time to act in the office of Director.
In accordance with the requirements of APRA’s Prudential Standard CPS 520 Fit and Proper, all nominees must meet the standard criteria specified within the Credit Union Fit and Proper Policy. Nominees, including the retiring Directors, are required to provide a Declaration in compliance with the Constitution and complete a Consent Form, which allows the Returning Officer to collect personal information necessary to determine compliance with the Fit and Proper requirements. The Board is pursuing a candidate with experience in:
- analysing key financial statements and critically assessing financial viability and performance;
- successful business adaptation and changing services delivery in a digital environment, preferably in the authorised deposit taking (ADI) sector; and
- Director role/s and governance accreditation such as AICD Company Directors Course or equivalent qualification.
Nomination for Director and other associated forms/information are available through the Registered Office located at 70 Camooweal Street, Mount Isa; Level 1 of Queensland Country Centre, 333 Ross River Road, Aitkenvale or by contacting the Company Secretary on 07 4412 3700. The forms must be completed in full for each nomination and forwarded to:
The Returning Officer
Queensland Country Credit Union Limited
PO Box 679, AITKENVALE QLD 4814
Nominations must be received at the above address by no later than 5.00 pm on Friday, 6 September 2019.
By Order of the Board
25 July 2019