AGM – Change of Time, Venue and Format
The ANNUAL GENERAL MEETING of Railways Credit Union Limited trading as MOVE Bank (“MOVE Bank”) will be held on Wednesday 15 November 2023.
A notice of meeting and explanatory statement will be sent to shareholders in early October. This is preliminary notice of the date and that this year the
venue, time and format will change from previous years. The Board and Management are conscious that travelling to and back home from the AGM in the
city at night is not ideal for many of our members. This year we will therefore have our AGM at 10am. It will be held at the Queensland Law Society which is one level above our Head Office at 179 Ann Street. We anticipate the meeting will go for 20 to 30 minutes. After the meeting, tea, coffee and sandwiches will be provided for attendees.
Call For Director Nominations
Nominations are called for the position of Director of MOVE Bank. In order to be nominated, a candidate must be eligible under Division 13 of MOVE Bank’s constitution. Eligibility requirements include that the nominee must be a shareholding member of MOVE Bank and must either be an employee or have previously been an employee of “QR” as defined in the Constitution which includes:
- Queensland Rail
- Aurizon
The Constitution also provides that an individual is not eligible to be an elected director if the person has served as an elected Director of MOVE Bank
for more than 11 cumulative years. A copy of the constitution is available on MOVE Bank’s website movebank.com.au.
The nomination must be on the nomination form approved by the Board and requires the candidate to be nominated by 6 shareholding members of MOVE Bank. To obtain a Nomination Pack, please contact the Company Secretary.
- Contact details are:
Company Secretary
Phone: 1300 362 216
Email: companysecretary@movebank.com.au
GPO Box 648 BRISBANE QLD 4001
The Nomination Pack will include:
- Director Nomination Form
- Guide for Director Candidates: This guide includes an indication of the time commitment required, the desired qualifications and knowledge, required skills and an overview of the type of information Nominees should include within their Profile of Candidate statement.
- Requests and Consents for various searches: Directors of MOVE Bank must meet the “Fit and Proper” requirements contained within the Australian Prudential Regulation Authority’s Prudential Standard CPS 520 and MOVE Bank’s Fit and Proper Policy. Various searches, including a National Police check and credit related searches will need to be undertaken prior to the candidate standing for election.
- Director Eligibility Questionnaire: Document requesting details of the candidate’s qualifications, knowledge, skills, experience, employment history, directorships, positions of management and membership of professional or industry bodies.
- Board Charter: Outlines various Board and Director related information.
The Director Nomination form is to be returned to the Company Secretary by no later than 9:30 am on Monday 7 August 2023.
On behalf of the Board of Directors,
Melissa Treacy
Chief Risk Officer and Company Secretary
You can also visit our AGM page.
