Up to 12 candidates are elected to the ICGN Board by Members at the AGM and thereafter re-elected for a maximum tenure of six years. Board candidates are voted on individually and must receive at least 50% of the valid votes to be elected.
ICGN Members put forward candidates to the Nomination Committee which then deliberates taking into account the incumbent board composition and the future strategic direction of the ICGN. In doing so, Committee members recognise the following as far as possible:
- that ICGN’s mission is to promote effective standards of corporate governance and investor stewardship to advance efficient markets and sustainable economies worldwide;
- that the historic strength of the ICGN derives from the investment community;
- that the board composition should be diverse including geographic balance, gender and experience.