Issue - decisions

Council Owned Companies Shareholder Governance Review

04/10/2024 - Council Owned Companies Shareholder Governance Review

RESOLVED that Cabinet: -

Notes the establishment of the Shareholder Advisory Board and the Shareholder Operations Board.

Cabinet RECOMMENDS that Council: -

(a)          Approve the Shareholder Advisory Board and Shareholder Operations Board Governance Framework for inclusion in the Council’s Constitution;

(b)          Approve the Guidance to Councillors and Officers Appointed to Outside Bodies for inclusion in the Council’s Constitution; and

(c)          Delegate authority to the Monitoring Officer to take all steps necessary to ensure the Council’s Constitution remains up to date in respect of these documents.

Voting: Unanimous

Portfolio Holder: Transformation, Resource and Governance

Reason

To ensure that all Council owned companies operate within effective and transparent governance.