Author: Gerard Hartsink
The Board of Directors of the Global Legal Entity Identifier Foundation (GLEIF) seeks applications for a Director of the Board from South America. The GLEIF Board is keen to encourage applications from interested candidates and invites applications by 9 May 2017 at the latest.
The Board is looking for a new member because of the retirement of a member from the region South America. Article 13 of the GLEIF Statutes (see ‘related links’ below) sets out the recruitment principles that must be observed with regard to the composition of the Board. The GLEIF Board of Directors is made up of minimum 15 and maximum 25 members. A member of the Board is eligible to hold office for a two-year term, renewable (with the consent of the Board) for an additional term of two years.
Details on the information that should be included with the application and the selection process are described in the document, entitled ‘Call for Applications for a Member of the GLEIF Board of Directors’ available for download with the ‘related links’ below. The ‘related links’ also provide information on the mission of GLEIF and the purpose of the LEI.
Board Members are expected to act on an unpaid basis and are normally entitled only to reimbursement of their effective costs and travel expenses.
The Board inclusive its Board Committees meets for two days in person four times per year at different locations and in between by conference calls of about two hours.
To ensure the right balance in the composition, the Board is looking for a senior candidate that has preferably a legal background and experience in the financial industry and with its regulators. The candidate should have contacts with the leaders of the financial industry and its regulators to act as an effective ambassador for GLEIF.
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Gerard Hartsink was appointed by the Financial Stability Board as Chairman of the GLEIF Board. The profiles of Gerard Hartsink and all other members of the GLEIF Board of Directors are available on the GLEIF website.
