Turnaround Professional Body Governance Structures

Jan van der Walt (Director: Certification) March 2010 Turnaround Professional Body Governance Structures The Turnaround Certification Governance Board of TMA-SA and its Standards and Academic Subcommittees The premier professional community dedicated to corporate renewal and turnaround management

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Turnaround Professional Body: ,[object Object],[object Object],[object Object],[object Object],[object Object]

Overview OVERVIEW Turnaround Governance Board Academic Subcommittee Standards Subcommittee ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Turnaround Certification Governance Board and its Subcommittees:

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The Turnaround Certification Governance Board fulfils an oversight role over the functions of its subcommittees ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],TURNAROUND CERTIFICATION GOVERNANCE BOARD

Turnaround Certification Governance Board membership requirements ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],TURNAROUND CERTIFICATION GOVERNANCE BOARD

Turnaround Certification Governance Board membership requirements (continued) ,[object Object],[object Object],TURNAROUND CERTIFICATION GOVERNANCE BOARD

Half of the Turnaround Certification Governance Board requires stringent requirements for board membership ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],TURNAROUND CERTIFICATION GOVERNANCE BOARD

Appointment of the Turnaround Governance Board ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],TURNAROUND CERTIFICATION GOVERNANCE BOARD

Turnaround Certification Governance Board nominations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],TURNAROUND CERTIFICATION GOVERNANCE BOARD

Nominations: Group 1 of the TCGB representing TMA-SA members not in Group 2 and non-TMA-SA members, and representing at most 50% of the TCGB ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],TURNAROUND CERTIFICATION GOVERNANCE BOARD

Nominations: Group 2 of the TCGB representing TMA-SA members complying with prescribed requirements, and together with the Chairperson, representing 50% plus one of the TCGB ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],TURNAROUND CERTIFICATION GOVERNANCE BOARD

Most Chapter 6 business rescue stakeholders are represented by present Turnaround Certification Governance Board nominations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],TURNAROUND CERTIFICATION GOVERNANCE BOARD

The Standards Subcommittee is responsible for applications, standards and disciplinary action ,[object Object],[object Object],[object Object],[object Object],[object Object],STANDARDS SUBCOMMITTEE

Appointment of the Standards Subcommittee ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],STANDARDS SUBCOMMITTEE

Standards Subcommittee nominations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],STANDARDS SUBCOMMITTEE

Standards Subcommittee nominations - 2 ,[object Object],[object Object],[object Object],[object Object],[object Object],STANDARDS SUBCOMMITTEE

The Academic Subcommittee is responsible for the body of knowledge, exams and continuing education ,[object Object],[object Object],[object Object],[object Object],ACADEMIC SUBCOMMITTEE

Appointment and functioning of the Academic Subcommittee ,[object Object],[object Object],[object Object],[object Object],[object Object],ACADEMIC SUBCOMMITTEE

Academic Subcommittee nominations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],ACADEMIC SUBCOMMITTEE

Academic Subcommittee nominations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],ACADEMIC SUBCOMMITTEE

Role of Services SETA ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],ROLE OF SERVICES SETA

Questions? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Turnaround Management Association – Southern Africa Director Certification: Jan van der Walt

Turnaround Professional Body Governance Structures

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