Issue - meetings

Issue - meetings

OCHL - Governance

Meeting: 17/03/2020 - Shareholder and Joint Venture Group (Item 8a)

8a Housing Group Governance (Open) pdf icon PDF 104 KB

The Company Secretary of the Housing Group of Companies has submitted two reports for consideration.

 

a)    Governance Update – Housing Group of Companies

To update the Shareholder and Joint Venture Group on recent developments in regard to the composition of the Boards of three Housing Group companies.

Recommendations: That the Shareholder and Joint Venture Group resolves to:

  1. Note that the Housing Group of companies has made the changes set out in this report to the composition of the Boards of each of three Housing Group companies: Oxford City Housing Limited; Oxford City Housing (Development) Limited and Oxford City Housing (Investment) Limited (collectively “the Housing Group”).
  2. Note that the two individuals selected as the new non-executive directors have been recorded at Companies House as Board directors of the Housing Group.
  3. Note that a further recruitment campaign is now required to recruit and appoint a new MD under the previous Shareholder delegated approval.

 

b)    Register of Directors’ Interests – Housing Group of Companies

To update the Shareholder and Joint Venture Group on the proposal to update the Register of Interests of directors of the Housing Group of Companies

Recommendation: That the Shareholder and Joint Venture Group resolves to

  1. note that with the recent changes and additions to the Boards of the Housing Group of companies - Oxford City Housing Limited; Oxford City Housing (Development) Limited and Oxford City Housing (Investment) Limited (collectively “the Housing Group”) - it is proposed that a revised Register of Directors’ Interests be compiled and held for directors’ and shareholders’ information.

 

Additional documents:


Meeting: 25/09/2019 - Shareholder and Joint Venture Group (Item 5)

5 Governance arrangements for the OCHL Group of Companies [Part private] pdf icon PDF 159 KB

Purpose of report: to seek approval for the proposed governance arrangements.

 

Recommendations:

that the Shareholder and Joint Venture Group resolves to:

1.  Approve the proposals for the recruitment of two NEDs (Non-Executive Directors) for the OCHL group of companies, the proposed job description and the proposed remuneration;

2.  Agree that two elected members as representatives of the Shareholder, the Chief Executive of the Council and an OCHL Board Director will be included in the recruitment panel;

3.  Agree that formal shareholder consent be obtained on the final selected NED applicants chosen for appointment;

4.  Agree that consideration is given to the need for and recruitment of a permanent MD as part of the outcomes of the current OCHL review.

 

The report and Appendix 2 are public. Appendix 1 is private as it includes matters considered to be commercially sensitive and relating to the finance or business affairs of the Council, the company, and other third-parties.

Additional documents:

Minutes:

The Group discussed a report and appendices asking for approval for the proposed governance arrangements.

 

The Shareholder and Joint Venture Group agreed the recommendations in the report.