Call for volunteers
2018 Elections to the BIFM Board-call for Nominations
BIFM is seeking nominations to its Board from amongst its members. The Board sets and manages the strategic direction of BIFM.
Following a governance review in 2016, in 2017 we successfully held open elections that saw four new elected Non-Executive Directors [NEDs] come to the Board. We are now seeking nominations for ONE vacancy for an Elected Director to replace a current Board Member based on their natural tenure coming to an end.
All Members that hold an individual membership of ‘Member’ grade or above are eligible to stand for election. Once nominations are received and defined eligible, these will then be voted on by all eligible institute Members and the successful candidate will be announced at the AGM on 5th July.
Elections are held in accordance with the election procedures agreed by the BIFM Board. A copy of these procedures is available on the nominations platform and on the BIFM website.
Why seek to join the Board?
Joining the Board gives you a unique opportunity to further develop your strategic and leadership skills. It also gives you the chance to shape the strategy and direction of your own professional body.
The main responsibility of the Board is the overall governance and strategic direction and to develop the aims and objectives of BIFM. All the members of the Board are Company Directors and work collectively to oversee policy, goals and targets; and evaluate performance against those targets. There will be an induction programme for new NED’s once elected, explaining the expectations of a Director, with a Q&A session with the current Chair, CEO & Company Secretary.
As a company director and BIFM NED you have the following statutory duties
- To act in accordance with the Articles, and to use powers only for the purposes for which they were conferred
- To promote the success of the organisation for the achievement of the company’s purpose.
- A duty to exercise independent judgment
- A duty to exercise reasonable care, skill and diligence.
- A duty to avoid conflicts of interest
- A duty not to accept benefits from third parties.
- A duty to declare to the other Directors any interest that they have in a proposed transaction or arrangement with the organisation.
To be a candidate you will need to be confident that you can fulfill these duties.There are currently at least four Board meetings held a year plus the Annual General meeting, and depending upon skills and experience you may also be requested to join specific committees, requiring additional time and meetings. Directors are usually elected for an initial term of three years and thereafter may be re-elected for a further three years. The maximum term for a Non-Executive Director on the BIFM Board is six years.
The post is un-remunerated, but the costs of reasonable expenses are covered the details of which are laid out in the BIFM expenses policy. There are also some events across the year where Board members are expected to attend [e.g. AGM] where expenses will be covered.
What skills are required?
There are a range of core competencies that we expect of all Directors, and a full list of the competencies required is set out in the role profile, which is available on both the nomination platform, and the BIFM website.
However, all candidates must be able to demonstrate:
- Ability to serve as a Company Director
- Commitment to the purpose and values of BIFM
- Experience of working within an environment that encourages debate and discussion in order to reach collective decisions
- Ability to work effectively as a member of a team
- Have time to read all board papers and commenting as appropriate
- Ability to use the electronic platforms & technology as provided by BIFM
In addition, candidates are welcomed who have the following skills, knowledge and experience which tie in with our current business needs.
- Finance & Risk
- Information Technology
- International Business
- Education / Learning & Development
- Development of Corporate Strategy
- Professional Association experience
Please also see the full Role Profile Document provided below...
How Do I Apply?
To stand for election you must hold an individual membership of Member grade, Certified Member, Fellow or Honorary Fellow. Your nomination must also be supported by TWO other eligible members of Member grade or above or be a Corporate Member Main Contact or a Group Member Main contact.
You must advise your supporter that their information is being shared with the BIFM, and if you’re successful as a candidate that their name will be published alongside your own to enable members to vote for their preferred candidate.
If you are interested in standing for election as an Elected Director please complete the self-nomination form via our nominations platform; or you can access this via the BIFM Governance pages .
Nomination forms, candidate statements and supporter forms must be submitted by close of play 5pm noon on 15th May 2018 via the on-line nominations platform. It is preferable that all nominations are made on-line but if you need a manual form please contact the Company Secretary at the following email address; email@example.com, or if via post to Company Secretary, BIFM, Charringtons House, 1st Floor South, The Causeway, Bishops Stortford, Hertfordshire, CM23 2ER. All nominations will be acknowledged.
What happens next?
Once the nominations are closed eligibility checks will take place and the full list of eligible nominees will then be presented to the membership, along with the names of their nominees and their election statements.
Voting on candidates will open the week commencing 30th May 2018 and will close at 5pm on 29th June 2018. The successful candidate will take up office from the day after AGM 2018 [6th July].