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What we look for

Every board vacancy creates an opportunity to assess the needs of the board and the entity. While particular skills and expertise is a likely requirement for a specific position, candidates should also be aware of generic eligibility criteria for the majority of boards the Treasury provides advice on, as well as the basic competencies that Ministers expect candidates to have.

Eligibility

Applications are welcomed from people who consider they have the appropriate skills and experience to be appointed as a Crown director.

Everyone is eligible to be considered for appointment to a Crown board, barring any disqualifications that may apply as stated in section 151(2) of the Companies Act 1993 and, for statutory Crown entity boards, in section 30 of the Crown Entities Act 2004.

Public servants from core government departments are generally not eligible for appointment to Crown boards, but Ministers may exercise discretion to allow appointment. Likewise, the staff of an entity cannot generally be appointed to the board of their own organisation, although they may be appointed to subsidiary boards.

What We Look For in Director Candidates

Board directors are selected and appointed based on their skills and the needs of a particular entity’s board.

It is important that the board comprises a balance of skills and experience that matches the strategic direction and needs of the entity. The emphasis is on appointing the best qualified person for each position  and achieving diversity on boards. A best-qualified Crown director is generally defined as the candidate whose skills and experience best meet the Ministers' assessment of the skill profile for the director vacancy.

There are, however, some basic competencies that all directors must have:

  • governance, senior executive or similar experience
  • knowledge of the responsibilities of a director and an ability to distinguish corporate governance from management
  • sector knowledge relevant to the specific board opportunity being considered
  • the ability to take a broad perspective on issues
  • the confidence to ask questions
  • an ability to work in a team
  • a well-developed critical faculty
  • organisational and strategic awareness
  • strong financial literacy
  • an appreciation of the role of the Crown as a shareholder
  • common sense, integrity and a strong sense of ethics
  • an ability to communicate clearly, both orally and in writing.
Last updated: 
Tuesday, 24 March 2020