The selection process ensures the suitability and competence of the members of the board. The term of office of a board member and the basis for its renewal (if renewable) are clear and well defined.
Guideline code
GG_00700
Mechanism
Mechanism
- There should be clear, unambiguous and documented suitability and competence standards for the positions on the board.
- There should be an established policy on how these standards may be reviewed and updated.
Structure
Structure
- An independent and competent external authority should ensure the compliance of the selection process with the established suitability and competence standards for members of the board.
Title HTML
Guideline 4. Suitability and competence of members of the board
Type
Guideline_1
Weight
11