The key role of the Board is to fulfil the Primary Object and Purpose of the company, and in so doing set and monitor the business strategy and ensure the organisation meets its legal, financial and regulatory requirements.
Bric Housing governance is led by a capable, merit based and non-remunerated Board of Directors, chaired by Eddie Chung, a Director of Bric Housing since 2008.
The Board oversees a developed system of governance charters, policies, and processes and utilises three key Board Committees to provide specialist oversight and advice.
- Audit, Finance & Risk Committee (AFRC)
- Nomination, Remuneration & Governance Committee (NRGC)
- Business Development Committee (BDC)
The Board of Bric Housing supports the Tricker Model (1994) of Governance for understanding and resolving the challenge and complexity often facing Boards in meeting their governance performance and compliance responsibilities.
The Board ensures it has the appropriate skills and experience to discharge its responsibilities, and will periodically assess sits performance, undertaking training and development or seek specialist advice.