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4 December, 2006
CII declares governance consultation with members ‘an outstanding success’
Proposals to create a modern governance framework to make the Chartered Insurance Institute (CII) more transparent, representative and inclusive by establishing a new Board and Council have taken another important step forward.
Following a wide ranging membership consultation programme the CII’s Council has approved proposals to create a Governing Board of 13 members, including four members from the new Representative Council, two major employers and two lay members. In addition the CII President, Deputy President, Immediate Past President will join the CII Chief Executive and Finance Director on the Board. The new Representative Council will be completely representative and allow full debate on issues affecting the CII’s future.
Over the past five months the CII has consulted extensively by issuing a prospectus, via email communications, through a series of roadshows around the UK and presentations at a number of local institute meetings. Information and details are also available on the CII website to ensure that as many members as possible could be engaged in the process.
Ian Templeton, CII President and Chairman of the Implementation Group which has been responsible for the consultation process commented:
‘The feedback from members and other stakeholders has been both positive and constructive – in communication terms this has been an outstanding success. Members have acknowledged our efforts to address the issues raised and we have been very pleased at the membership’s real sense of involvement in the consultation process.
As a result the ‘Implementation Group’ was able to feel confident that the final recommendations that it put to Council for discussion at its meeting on 29 November had been scrupulously considered from all viewpoints.’
The CII will need to change its Charter and Bye-laws in order to introduce the new structure. A special meeting of the Council on 30 January 2007 will be held to approve these changes, thereafter a Special General Meeting will be held on 11 April 2007, following which a formal application will be made to The Privy Council.