[Mission]    [Objectives]    [Control & Structure]    [Board of Directors]

C O N T R O L  A N D  S T R U C T U R E


National Control 

The national control of the ICM vests in a Board of Directors. Members, who have been full members of the ICM for no less than one year, can be elected by the members at the Annual General Meeting to be Directors of the ICM. The Board of Directors is responsible for the running of the ICM as a business. For further information, refer to section 6 of the Articles of Association of the ICM.

National Structure
National President

Annually the Board of Directors elect from their number a Chairperson of the Board who will also be the National President of the ICM. For further information, on the National President and Chairperson of the Board of Directors, refer to section 8 of the Articles of Association of the ICM. The role of the National President and Chairperson is to guide the Board of Directors of the ICM and to ensure that the ICM adheres to the objectives set by the AGM.

Board of Directors

The Board is made up of no less than 3 other, nor more than 9, Directors, inclusive of the Chairperson, serving in one or more of the portfolios listed under the heading "Portfolios of Directors". For further information, on the Board of Directors, refer to section 10 of the Rules of Membership of the ICM. The role of the Board of Directors of the ICM is to see to the running of the ICM on sound business principles.

Portfolios on the Board of Directors

Due to the vast area of business that Directors must cover the following portfolios would be filled under normal circumstances, but as the need changes the portfolios could change:

Director: Administration

The Director Administration is responsible for all the administration in the ICM. This portfolio would include control over the National Office and any staff employed by the ICM.

Director: Finance

The Director Finance is responsible for all financial controls and funds within the ICM. 

Director: Education

The Director Education is responsible for all formal education under the control of the ICM. 

Director: Training

The Director Training is responsible for all training in the ICM.

Director: Public Relations

The Director Public Relations is responsible for all communication from the ICM to other business disciplines.

Director: Regional Liaison

The Director Regional Liaison is responsible for the communication between the Board of Directors and Regional Committees.

Director: Legal affairs

The Director Legal Affairs is responsible for liaison on all laws relating to credit.

Director: Awards and Functions

The Director Awards and Functions is responsible for all awards and functions presented and hosted by the ICM.

Sub-committees of the Board

In terms of section 12 of the Articles of Association of the ICM, the Board of Directors of the ICM may appoint sub-committees. One such sub-committee is the Sub-committee on Conduct as provided for in section 12.1 of the Articles of Association of the ICM. Due to the demands of Education, it is understandable that the Director Education cannot fulfill all the duties in the education arena and therefore a sub-committee on Education will be a natural extension. Only members of the ICM may be co-opted on any such sub-committees.

National Administration Office

The administration of the ICM is conducted by the National Office of the ICM as provided for in section 3 of the Rules of Membership of the ICM. The National Office takes care of all the administrative functions of the ICM.

National Executive

In terms of section 10.8 of the Rules of Membership of the ICM, the combined meeting of the Board of Directors and the Regional Chairpersons will be called the National Executive Meeting. In terms of section 10.18 of the Rules of Membership of the ICM, the Board of Directors may co-opt any person, member or Official of the ICM to serve on the National Executive. This section provides the means for the National Executive to co-opt expertise to the National Executive. The National Executive meets at least twice a year in order to discuss and deliberate on items of National importance. This meeting, amongst other things, sets the parameters and goals for the year.

Regional Control

The regional control of the ICM vests in Regional Committees. Members, who are full members of the ICM, can be elected by the Regional AGM to be members of the Regional Committees of the ICM. For details, refer to section 11.1 of the Rules of Membership of the ICM. The role of the Regional Committees is to see to the social welfare of the members of the ICM in a particular region.

Regional Structure
Regional Chairpersons

The Regional Committees elects Regional Chairpersons from members of the Regional Committee. Regional Chairpersons may not hold office for more than 2 consecutive years. For details, refer to section 11.6 of the Rules of Membership of the ICM. Regional Chairpersons provide direction to, and ensure ongoing contact with, all the Regional Committee members. The Regional Chairpersons channels instructions from the National Executive Meeting and the Board of Directors of the ICM to the Regional Committees. The Regional Chairpersons issues notices convening meetings at least once a month. Regional meetings are controlled by the Regional Chairpersons in order for the meeting to be concise and productive. Regional Chairpersons assist with any portfolio that requires direction and control. Regional Chairpersons attend the National Executive meetings and report back to their regions.

Regional Committees

Each region of the ICM has its own Regional Committee made up of no less than 5 and no more than 15 members. For details, refer to section 11.2 of the Rules of Membership of the ICM. Portfolios are as listed under the heading "Portfolios on Regional Committees". 

Portfolios on the Regional Committees

Vice-Chairperson

The Vice-Chairperson of a Regional Committee of the ICM is the right hand of the Chairperson and the most likely candidate to be the next Chairperson. The Vice-Chairperson ensures ongoing contact with all the Regional Committee embers and encourages performance. The Vice-Chairperson is the liaison person between the National Office and the Regional Committee. The Vice-Chairperson is the Convener of all the regional function committees and acts as the Regional Public Relations Officer. The Vice-Chairperson acts as Chairperson in the absence of the Chairperson.

Secretary

The Secretary takes minutes of all the regional meetings and ensures distribution of the minutes to all the committee members and National Office by the 5th calendar day of each month. The Secretary liaises with National Office as to the mailing of invitations for regional functions. The Secretary attends to the communication and distribution of all agendas, minutes and documents.

Functions Officer

The Functions Officer arranges venues, caterers, speakers, invitations and controls in general all the functions staged by the Regional Committees. In the event that more than one committee member is involved in a function, the Function Officer will be the Chairperson of such function committee.

Training Officer

The Training Officer will liaise with the ICM Director Training in order to identify training needs in the region. All training needs of the region will be coordinated by the Training Officer of the region.

Education Officer

The Education Officer will liaise with the ICM Director Education to ensure that all formal education within the region are controlled within the pre-set rules and regulations. The Education Officer will visit all credit management students within the region and attend their graduation ceremonies.

Membership Officer

The Membership Officer will make contact with new members within the region and hand them their membership certificates. The Membership Officer will be in control of membership drives and be responsible to target prospective members and canvass them to become members. It is the responsibility of the Membership Officer to liase with the National Office in order to keep the National database up to date for their region.

Treasurer

The Treasurer of the Region will liaise with the Director Finances on the cash flow of the Region. The Treasurer will attend to payment of all bills as and when needed. Details of all income and expenditure of the Region will be kept up to date by the Treasurer in conjunction with the Director Finances, using the accounting system of the National Office. 
 

 

 

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