In accordance with the Constitution of Queensland Country Bank Limited (‘’the Bank’), the term of office of the following Directors ends at the end of the 2020 Annual General Meeting: Lewis Ramsay and Anthony (Tony) Williamson.

Notice is hereby given that nominations are called for the two (2) Director positions that will become vacant.

Brian (Bruno) Cullen will resign at the conclusion of the AGM, which will not create a vacancy on the Board, and instead will reduce the total number of Directors from eight (8) to seven (7).

Both Lewis Ramsay and Tony Williamson are eligible for re-election if they continue to meet the eligibility requirements of the Constitution, and each has indicated their intent to nominate for re-election.

Should the total number of nominations exceed the number of vacancies, Members of the Bank will be invited to participate in an election via electronic or postal ballot.

Members who are considering nominating should be aware of the significant statutory responsibilities and necessary time commitment required to act in the office of Director.

In order to nominate, a candidate must be eligible for election under Clause 48 (Qualification) of the Bank’s Constitution, be nominated by two (2) Members, and consent to the nomination.

In accordance with APRA’s Prudential Standard CPS 520 Fit and Proper, all nominees must be assessed as having the required fitness and propriety to hold the position of Director.  Nominees will be required to provide a Statutory Declaration and Consent Form allowing the Returning Officer to collect the necessary personal information to make this assessment.

The Board is pursuing a candidate with experience in:

 

  • Analysing key financial statements and critically assessing financial viability and performance;
  • Successful business adaptation and changing services delivery in a digital environment, preferably in the authorised deposit taking (ADI) sector; and
  • Director role/s and governance accreditation such as AICD Company Directors Course or equivalent qualification.

 

The forms and information required to nominate are available through the Registered Office located at Level 1 of Queensland Country Centre, 333 Ross River Road, Aitkenvale or by contacting the Company Secretary on 07 4412 3866.  The forms must be completed in full for each nomination and forwarded to:

 

The Returning Officer

Queensland Country Bank Limited

PO Box 679, AITKENVALE   QLD   4814

 

Nominations must be received at the above address by no later than 5.00pm on Friday, 4 September 2020.

 

By Order of the Board

 

Jill Cason

Company Secretary

 

22 July 2020