Committee details

The Shareholder Board

Purpose of committee

(a) To provide an effective means of governance of Council Companies and to oversee the activities of such Council Companies.

(b) To represent the Council’s interests as shareholder and to communicate the Council’s views to the Council Companies.

(c) To safeguard the Council from excessive risk taking or poor performance by the Council Companies.

(d) To provide assurance that the Council Companies are following the strategic direction and objectives which have been agreed and is delivering its service and financial performance.

(e) To make recommendations to Cabinet as to any action which need to be taken as corporate shareholder of the Council Companies



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