The Chartered Insurance Institute has approved proposals to create a governing board of 13 members as part of its aim to establish a new board and council.
The governing board includes four members from the new representative council, two major employers and two lay members.
In addition, the CII president, deputy president and immediate past president will join the CII chief executive and finance director on the board.
Over the past five months the CII has consulted by issuing a prospectus, email communications and conducting a series of roadshows with its members on creating a modern governance framework.
The CII will need to change its charter and bye-laws to introduce the new structure and a special meeting of the council will therefore take place on 30 January, followed by a special general meeting on 11 April and a formal application to the Privy Council.
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