CHIC’s Board held its quarterly Board meeting on 28th September. CHIC’s Board comprises of mainly member representatives. Headlines from the meeting included:

• Reflections on the outcomes from an independent governance review
• Review the approval of CHIC’s Annual Accounts and Directors Report for 2021/22 (CHIC financial year in July and June)
• Approval of an updated Social Value Strategy – reflecting the launch of CHIP
• Review and approval of CHIC’s Annual Report (CLICK HERE)
• The decision to progress procurement of a new Newbuild Framework, including varied MMC options (a procurement brief will be held on 9th November – for more details contact sdavey@chicltd.co.uk
• A presentation to demonstrate CHIC’s new Data Warehouse to Board members
• A service review of CHIC’s growing Capital and Planned Services

The Board also reviewed prior year and current financial and operation performance, risk management, member services and updates to operational processes.

CHIC’s BOARD NEEDS A MEMBER SERVICES REPRESENTATIVE WITH FINANCIAL EXPERIENCE

CHIC’s Board comprises up to 11 directors, at least 8 of which are drawn from CHIC’s members. Whenever there is a vacancy the Board reviews its skills requirements against the overall range of knowledge and expertise needed to ensure effective governance of a large member owned asset management and procurement consortium.

CHIC’s Board meets four times a year, one awayday and the annual conference. The role is not remunerated.
If your organisation is a member of CHIC and has a finance professional who may be interested in this role, please contact Chief Executive, John Fisher (jfisher@chicltd.co.uk)