Chairperson
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
ARC Member
ARC Member
ARC Member
Subject to the directions of the Accounting Authority, this Committee must oversee the management of the CETA.
Without limiting its functions contemplated in paragraph (a), the Executive Committee must:
The Committee must:
Corporate governance embodies processes and systems by which CETA is directed, controlled, and held to account, and Parliament, the Executive, and the AA of the CETA are responsible for its corporate governance.
The role of the board is as follows:
The following roles and functions of the AA are outlined in the CETA Constitution. The AA must:
In line with section 11(1) and (2) of the Skills Development Act 97 of 1998, the AA should comprise 14 independent members and a Chairperson, which ensures independence and objectivity in decision-making. The 14 members referred to have full voting rights and:
Item 8 of the CETA Constitution provides that: The AA has powers and responsibility to establish sub- committees to enable it to discharge its responsibilities effectively and efficiently. The AA established the following committees:
The Committee must perform all functions delegated to it by the Accounting Authority in order to ensure that the CETA meets the requirements of the Act, the SDLA, the PFMA and Treasury Regulations that relate to finance and the remuneration of the Chief Executive Officer, members, committee members and staff.
They must also make recommendations to the Accounting Authority in respect of:
The Remuneration Committee must advise the Accounting Authority on any matter relating to remuneration in order to enable the Accounting Authority to develop consistent, fair and impartial strategies, policies, procedures and processes for the compensation of its members and staff so as to attract, motivate and retain talented people.
The Remuneration Committee must evaluate and must make recommendations to the Accounting Authority in respect of the following issues relating to the remuneration of both staff and the Chief Executive Officer of the CETA.