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Principle 4: The Players

A diverse board to enable considered decision-making

Principle 4: The Players

A diverse board to enable considered decision-making

A board should be a diverse group of people who collectively provide different perspectives and experience to facilitate more considered decision-making.

4.1 - The board should have a diverse mix of skills, expertise, and experience in order to meet the strategic goals of the organisation.

4.2 - The board demonstrates a strong and public commitment to progressing towards achieving its diversity, equity and inclusion goals within its board composition.

4.3 - The board, while ensuring the prevailing criterion for election is eligibility, skills, expertise, and experience, should be composed in a manner such that no one gender accounts for more than 50% of the total number of directors.

4.4 - The organisation’s directors should be independent, regardless of whether elected or appointed.

4.5 - The organisation has a documented and transparent process for the identification and appointment of directors.

4.6 - The board has a composition which incorporates both elected and appointed directors.

4.7 - Directors undertake recognised governance education.

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