BBS LIMITED ADVERTISEMENT FOR AN INDEPENDENT BOARD PERFORMANCE ASSESSOR

The Board of Directors of BBS Limited has put in place a “Peer to Peer Review’ mechanism to assess the performance of its Directors individually. Therefore, BBS Limited seeks to engage a suitably qualified and experienced independent assessor to facilitate the process at the end of each BBS Limited financial year which is 31 December. The BBS Limited Constitution allows for up to 9 Board Members, 7 of which are Non-Executive Directors and 2 are Executive Directors. Currently, it has 6 Directors, 5 of whom are Non-Executive and 1 is an Executive.

Qualifications of Board Performance Assessor

The candidate, or entity, should not be a service provider to BBS Limited and will work with the Company Secretary to facilitate the performance assessment of individual Directors to enhance their performance and effectiveness on the BBS Limited Board.

Requirements

At least 10 years’ experience working in a financial services, auditing or banking environment.

Sound knowledge of board affairs, board administration and corporate governance.

Solid experience in Board Directorships.

Professional qualification in finance, risk, compliance, audit or law.

Tenure

The assessor will be appointed for an initial three year period beginning in 2020.