Responsible Investor

BPP Oversight Committee Chair

Best Practice Principles for Shareholder Voting Research and Analysis | Association

Closing DateOct 30, 2019
SalaryFrom Competitive to Competitive
LocationWork Remotely , Multi-Location
Website Linkvisit website

Job Description

The Best Practice Principles Group (“BPPG”) was formed in February 2013 to promote greater understanding of the corporate governance research and support services provided to professional investors and other capital markets participants. With the publication of the updated 2019 Best Practice Principles for Shareholder Voting Research & Analysis (“BPP”), which foresee the installment of an oversight body to monitor and oversee the implementation of the principles, the BPPG is seeking an independent chair of the Oversight Committee.

The principles were subject to a thorough independent review in 2018 and 2019, following a public consultation in 2017. The introduction of new governance arrangements was a key recommendation by both ESMA (the European Securities and Market Authority) as well as respondents to the 2017 public consultation. The new governance structure defined in the updated BPP includes a new BPP Oversight Committee, updated annual reporting arrangements, and new annual monitoring arrangements.

The newly created Oversight Committee is the governing body providing (i) an annual independent review of the monitoring of the Best Practice Principles and (ii) an annual independent review of the public reporting of each BPP Signatory. The BPP Oversight Committee’s governance aims to provide confidence in the Principles that underpin the services provided by BPP Signatories. The Oversight Committee will also provide guidance and advice to the BPPG with respect to the operation and development of the Principles.