Corporate Governance
Batavia Traditional Owners Aboriginal Corporation’s corporate governance is a set of regulations, policies, and procedures that control the functioning of the Organization. It defines the Board of Directors’ role, its composition, the role of the Chairperson, the role of General Manager, risk management strategies, control mechanisms, and action plans.
Batavia’s corporate Governance is to safeguard it’s members. This includes the Board of Directors, senior management, creditors, suppliers, customers, employees, government, banks, and society.
Batavia’s corporate governance framework is as follows:
Corporate Governance Structure
Members Board of Directors Management
Members: The members of Batavia Traditional Owners Aboriginal Corporation rely on the Directors who are elected for 2 years at an AGM to set the strategic direction of the Corporation
Board of Directors – The Batavia Traditional Owners Aboriginal Corporation’s Board of Directors takes crucial decisions to attain long-term business objectives and oversee the strategic direction of the Corporation. The Board of Directors appoint Financial auditors to evaluate and report on Batavia’s financial affairs and produces and Audited Financial Report to it’s members
Management: The management is a subset of the BOD led by the General Manager of Batavia. The General Manager is responsible for operationalising the day to day business operations, formulation of strategies, and evaluation of associated risks.