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Andium Homes Limited: Appointment of a Director

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A decision made on 1 November 2019

Decision Reference: MD-TR-2019-0106

Decision Summary Title:

Andium Homes Ltd – Appointment of a Director

Date of Decision Summary:

31st October 2019

Decision Summary Author:

Director of Treasury and Investment Management

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

Andium Homes Ltd – Appointment of a Director

Date of Written Report:

31st October 2019

Written Report Author:

Director of Treasury and Investment Management

Written Report :

Public or Exempt?

Public

Subject:

Andium Homes Ltd – Appointment of a Director

 

Decision(s): 

The Assistant Minister for Treasury and Resources decided to:-

 

  • Appoint Jason Laity as a Director of the Company with effect from 1st November 2019.
  • Notify the Company Secretary in writing that the appointment has been made.

 

Reason(s) for Decision:

Article 38 of the Memorandum and Articles of Association of the Company provide the Guarantor with the power to appoint any Director (except the Chief Executive and the Finance Director) at any time by notice in writing to the Secretary.

 

Following recent departures from the Company’s Board this appointment is required to strengthen the current Board and ensure it can operate to the required standards.

 

Resource Implications: 

There are no resource implications for the Government of Jersey arising from this decision, the Director will be remunerated directly by the Company.

Action required:

The Head of Financial Governance to inform the Director of Treasury and Investment Management that this decision has been signed.

 

Signature:

 

 

Position:  Deputy L Ash, Assistant Minister for Treasury and Resources

Date Signed:

 

Date of Decision:

 

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