Posted: 25 March 2021
Closing Date: 16 April 2021 (5:00 PM AEST)
In accordance with Clause 9 of its Constitution, the Australian Property Institute Limited (the API) is calling for nominations for its Board of Directors to fill four (4) vacancies.
In accordance with Clause 9.3 of the Constitution all Members of the API are eligible to nominate for vacant Board positions in 2021. Nominations must comply with Clause 9.4 of the Constitution.
In accordance with Clause 9.3 of the Constitution an API Member must be nominated by another Member to fill a vacant Elected Director position that is to be the subject of an election at the Annual General Meeting (AGM).
Please note that those nominating a candidate and the nominees must be financial Members of the API.
In accordance with Clause 9.4 of the Constitution, three (3) of the Elected Directors will retire from office as follows:
- Tyrone Hodge
- Anne-Maree Moussa
- Dennis Volk
In addition, Elected Director Christopher Knight has advised the board of his retirement at the upcoming AGM, with this vacancy being subject to election pursuant to Clause 9.6(a)(i).
The API’s Nominations Committee will consider all Nominees and will recommend to the Board, in accordance with Clause 9.3, those candidates meeting the appropriate qualities and skill sets required by the Board.
Note that in accordance with Clause 9.1(c) of the Constitution there can be no more than two (2) Elected Directors who reside in the one State or Territory.
Responsibilities of the Board of Directors
The Board of Directors governs the API and has the overall responsibility for setting the strategic direction of the organisation. It is also responsible for the financial viability of the API.
All Board members are required to act in accordance with the Constitution, the API Directors Code of Conduct, the API Directors Responsibilities and Competencies Policy, the AICD Good Governance Principles and Guidance, and any other relevant API Policies.
In accordance with Clause 10.1 Of the Australian Property Institute Assets’ (APIA) Constitution API Directors will also be Directors of APIA. In accordance with Clause 13.1 of the Australian Property Research & Education Fund (APREF) Constitution API Directors will also be Directors of APREF.
Directors of API may also be Directors of Australian Property Institute Valuers Ltd (APIV).
A copy of the API’s most recent annual report can be found at www.api.org.au.
Format of Application
All applications must consist of the following:
- A completed API Nominations Form, with the signatures of two (2) nominators and the nominee;
- a current high resolution ‘passport style’ photograph; and
- a candidate statement – not exceeding 600 words. The candidate statement must provide details of the nominee’s history with the API, reasons for nominating for the Board position, address any particular competencies being sought by the Committee, personal qualities that would contribute to the Board and details of any actual, perceived or potential conflicts of interest. The candidate statement will be subject to reformatting for distribution.
All completed nominations are to be submitted to: the Nominations Committee, C/- the Company Secretary,
Level 3, 60 York Street, Sydney NSW 2000 or by email to email@example.com.
The nomination must be received by no later than 5:00 pm (AEST) on Friday, 16 April 2021.