ROLE/TERMS OF REFERENCE
Nature: In many countries the attention on global governance surged at the time of the international financial crisis in 1997. Between 1996-1999, Jamaica experienced its own crisis with a colossal downfall of the Financial Sector, which raised concerns of reporting relationships and accountability of management and Directors to stakeholders.
In light of such concerns, the PSOJ established the Corporate Governance Committee with a mission to become the key influencer in the delivery and adoption of corporate governance best business practices by providing access to knowledge and learning resources for our members and leaders of business enterprises so they can effectively compete in the global market.
Terms of Reference: The strategic objectives are:
i) To develop and establish corporate governance guidlines that will facilitate implementation of best practices through a Code on Corporate Governance.
ii) To conduct director training programmes
iii) To promote awareness of corporate governance principles and the impact that well implemented principles can have on investor confidence.
iv) To provide continuing public education and awareness of corporate governance best practices.
v) To make corporate governance knowledge resources accessible to relevant stakeholder groups.
vi) To collaborate on a continuing basis with other associations and agencies locally and regionally on corporate governance issues.
vii) To influence and comment upon any corporate governance policy issues and assess their impact on the business environment.
MEMBERSHIP
The committee comprises corporate leaders, personnel from financial regulatory bodies, accounting professionals, members of the legal fraternity and academia which afford the committee the expertise to address all aspects of corporate governance with confidence and efficiency.
| Mrs. Sandra Glasgow |
CEO, PSOJ |
| Mr. Christopher Bovell |
Attorney-at-Law (Chair) |
| Ms Anne McMorris | National Commercial Bank |
| Major Hugh Blake | Lascelles Demercado Ltd. |
| Mr. Alastair Macbeath | Mondial |
| Mr. Patrick McDonald | Hart Muirhead Fatta |
| Mr.
John Thompson |
Studio Stores (Attorney-at Law) |
| Mrs. Tracy Campbell | PricewaterhouseCoopers |
| Ms Alicia Hussey | Myers Fletcher & Gordon |
| Mr. Garth Kiddoe | Institute of Chartered Association of Jamaica |
| Ms Greta Bogues | J Wray & Nephew Limited (Vice Chair) |
| Mr. Karl James | Jamaica Exporters' Association |
| Mr. George Roper | Financial Services Commission |
| Mrs. Suzanne Goldson | U.W.I. - Faculty of Law |
| Mr. Noel daCosta | Jamaica Chamber of Commerce |
| Mr.
Paul Tai |
Nunes Scholefield DeLeon & Co |
| Ms
Kamina Johnson |
LIME/Cable & Wireless Ja. Ltd |
Quorum:
The quorum for all Committees is one third of the full membership plus one, in cases where is an even number. In this case the quorum is five (5) members.
Procedures: Determined by itself
Frequency of meetings: The Committee shall meet on call of the Chairman, no less than nine (9) sessions for the calendar year. At the Chairman's discretion, the Committee may also conduct meetings via round robin or conference calls.
List of sub-committees:
- Awards Sub-Committee
- Code Revision Sub Committee
Term of Office: The term of office is three years and is renewable.
Persons in Attendance: As invited by the Chairman
Secretariat: Office of the CEO