The World Commerce & Contracting Board of Directors is responsible for the strategic direction and oversight governance of the organization.
The role of our Board
We value diversity and seek to ensure objectivity and integrity in all our activities. Our Board oversees our work to ensure we support a global and cross-industry perspective agenda.
The Board has governance responsibility which also includes the following committees:
- Finance, audit and risk
- Remuneration
- Nomination
- Ethics
There is a majority of non-executives on each of the committees.
How we appoint our Board
The Nomination Committee is responsible for receiving and reviewing applications to join the Board of Directors. Members of our Board of Directors are elected by a majority vote of the current Board.
Things to consider when applying for a Board position
Board members are expected to attend all meetings (typically four through the year). There is no compensation associated with this role although by agreement we will fund travel or living expenses for board members participating in physical meetings.
Many organizations require senior approval before employees can take on a Board role with an external organization, if you wish to apply for our Board, you should check the procedures required by your company or organization.