Corporate Governance

The Capricornian’s Board is responsible for the corporate governance of the credit union. As the Board acts on behalf of and is accountable to the members, it uses the key principles of accountability, disclosure and independence to carry out this responsibility.

Additionally, the Board is responsible for identifying areas of significant business risk and ensuring adequate measures have been put in place to manage those risks.

To assist in this process the Board has established a number of key committees, each with its own Charter.

They are:

  • Board Audit Committee
  • Risk Management Committee
  • Governance Committee
  • Remuneration Committee
  • Directors Nomination Committee

The full Board currently holds eleven scheduled meetings each year.

The Capricornian’s Board Charter provides the framework for how the Board operates.