Baltic Institute of Corporate Governance (BICG) has a two-tier leadership structure consisting of the Board and Management.
The Board is elected by the Institute’s members at the Annual General Meeting (AGM), taking note of the recommendation made in advance by the Nomination Committee.
The Nomination Committee, which is elected by the AGM as well, makes the recommendation based on the requirements set out for the Board composition and rotation in the bylaws and best practice guidelines of BICG.
The Board supervises the performance of the Institute, its management and organization on behalf of the members and participates in determining the organization strategy.
Management, in turn, has responsibility for the Institute’s daily operations. The two bodies are separate, and no person serves as a member of both. The Board meets approximately every 6 weeks.