The Board operates under the Board Charter that details its functions and responsibilities. The Shareholder Communication Policy sets out the framework for providing our shareholding Ministers with sufficient information to maintain an informed view of the Port of Brisbane Corporation and its operations, and to maintain effective relationships with management and the Board.
Key duties and responsibilities as defined by the Board Charter include:
- ensuring that appropriate processes are in place for risk assessment and management, internal control, and monitoring performance against agreed benchmarks
- evaluating, approving and monitoring the annual budgets, Corporate Plan and Statement of Corporate Intent
- evaluating, approving and monitoring major capital expenditure (subject to shareholding Ministers' approval), capital management and all corporate transactions
- appointing, monitoring, managing the performance of, and, if necessary, terminating the employment of the CEO in accordance with Governance Arrangements for the Chief and Senior Executives February 2009 and the Chief and Senior Executive Remuneration Policy
- monitoring performance in relation to principles of best-practice corporate governance.
Directors are required to undertake their responsibilities in accordance with standards of behaviour outlined in the Code of Conduct.
The Board operates under the Board Charter that details its functions and responsibilities. The Shareholder Communication Policy sets out the framework for providing our shareholding Ministers with sufficient information to maintain an informed view of the Port of Brisbane Corporation and its operations, and to maintain effective relationships with management and the Board.
Key duties and responsibilities as defined by the Board Charter include:
- ensuring that appropriate processes are in place for risk assessment and management, internal control, and monitoring performance against agreed benchmarks
- evaluating, approving and monitoring the annual budgets, Corporate Plan and Statement of Corporate Intent
- evaluating, approving and monitoring major capital expenditure (subject to shareholding Ministers' approval), capital management and all corporate transactions
- appointing, monitoring, managing the performance of, and, if necessary, terminating the employment of the CEO in accordance with Governance Arrangements for the Chief and Senior Executives February 2009 and the Chief and Senior Executive Remuneration Policy
- monitoring performance in relation to principles of best-practice corporate governance.
Directors are required to undertake their responsibilities in accordance with standards of behaviour outlined in the Code of Conduct.