· Establish the Trust’s vision and direction

· Establish the key objectives towards achieving the vision

· Establish the major strategies for achieving the objectives through the development of a Strategic Plan

· Develop policies that set out guidelines on how Poutiri Trust conducts its business

· Ensure that Poutiri Trust complies with all relevant legislation

· Protect the rights and interests of the organisation

· Monitor that the Board decisions have been implemented by staff

Board policies

The Board of Trustees has developed a number of policies and a governance manual, the purpose of which is to provide a high standard of corporate governance and management, and clarify roles and responsibilities.

Board meetings

Board meetings are scheduled monthly throughout the year. The Chair and CEO develop the agenda for each Board meeting. Board papers are distributed at least five working days prior to the relevant meeting.

Board committees

The Poutiri Board of Trustees maintains two sub-committees. The Executive Committee comprises three members, the CEO, Chairperson and Deputy Chairperson. The Audit and Risk Management (ARM) Committee is responsible for the internal and external performance of financial management, review of accounting policies, and liaison with external financial auditors. Three members are appointed by the Board and meet three times a year.

Delegation Framework

The Board has delegated to the Chief Executive Officer the conduct of the day-to-day affairs of Poutiri Trust. The Chief Executive Officer is responsible for implementing the decisions of the Board. Financial authority to management is contained within the Board’s finance policy. The Board reviews these delegations annually.