The ANNUAL GENERAL MEETING of Railways Credit Union Limited trading as MOVE Bank (“MOVE Bank”) will be held on Thursday 17 November 2022. A notice of meeting and explanatory statement will be included in MOVE Life sent to shareholders in early October.
Call for 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:
(i) Queensland Rail
(ii) 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 (details below).
The Nomination Pack will include:
1. Director Nomination Form
2. 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.
3. 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 national police check and credit related searches will need to be undertaken prior to the candidate standing for election.
4. 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.
5. 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 8 August 2022.
On behalf of the Board of Directors,
Bernard Luton
Company Secretary
P (07) 3329 7960 F (07) 3329 7961
E companysecretary@movebank.com.au
M GPO Box 648 BRISBANE QLD 4001
