Decision Maker: Sutton Shareholdings Board
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
To examine the effectiveness and efficiency of
existing arrangements with a view to creating a formal code of
practice for the governance of the Council’s interests in
Jessica Crowe, Assistant Director - Customers, Commissioning and Governance, briefly presented the report.
Members welcomed the establishment of the group and suggested its membership replicate that of the Shareholdings Board.
1. A task and finish group be established to review the governance arrangements of London Borough of Sutton companies where the Council is a shareholder and draft a Code of Practice for the governance of council interests in companies.
2. The task and finish group will meet on 2 to 3 occasions between 23 February 2018 and 20 April 2018.
3. The task and finish group will report its outcomes to a future meeting of the Sutton Shareholdings Board.
Report author: Fiona Bywaters
Publication date: 01/03/2018
Date of decision: 22/02/2018
Decided at meeting: 22/02/2018 - Sutton Shareholdings Board