The Board of Directors.
The board currently comprises eleven directors:
eight member directors and three non-member directors.
The board is served by member directors and non-member directors. The functions of both groups of directors are:
A) Member Directors
Following changes to the company’s constitution in 2007, all members are member directors. Members are appointed every two years at the company’s annual general meeting. Member directors have the full rights and privileges of a company director. There are no more than ten and no less than four member directors at any one time.
B) Non-Member Directors
Non-member directors of the company are appointed by the board of directors. The purpose of non-member directors is to bring forward professional expertise and technical advice to assist the board in their decision making. There are no more than three (3) non-member directors at any time. Non-member directors enjoy the rights and privileges of a director except for voting rights.
Fig 1. The diagram below shows the operational structure of the board.
