Latest news with #GoverningBoard
The Independent
a day ago
- Business
- The Independent
University of Florida governors reject high-profile candidate over DEI backflip
The State University System Board of Governors voted 6-10 against hiring Dr. Santa Ono as president of the University of Florida due to concerns over his shifting stance on diversity, equity, and inclusion (DEI). Ono, formerly president of the University of Michigan, faced intense questioning about his recent change in position on DEI, with board members suspecting he altered his views to appease Donald Trump or secure the job. His proposed contract included ideological requirements to cooperate with Gov. Ron DeSantis ' office and appoint officials aligned with Florida's approach, with a $3 million annual package. Board members questioned Ono's credibility, citing his previous support for DEI initiatives at Michigan and his subsequent shuttering of some programs, leading to doubts about his commitment to Florida's policies. Conservative figures, including Sen. Rick Scott and Donald Trump Jr., also raised objections to Ono's hiring, leading to the rejection of his appointment and the continuation of the search for a permanent president.
Bloomberg
2 days ago
- Business
- Bloomberg
SNB's Tschudin Says Monthly Inflation Number Just One Data Point
The Swiss National Bank won't be distracted by monthly inflation numbers, according to a senior official. 'We're focused on the medium term,' Governing Board member Petra Tschudin said. Referring to a report earlier in the day that showed that annual consumer prices fell below zero for the first time since the pandemic, she highlighted that 'this is just one data point.'
Economic Times
26-05-2025
- Business
- Economic Times
Sebi comes out with appointment process of senior officials at MIIs
Markets regulator Sebi on Monday came out with a process to appoint specific key officials of stock exchanges and other market institutions. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Markets regulator Sebi on Monday came out with a process to appoint specific key officials of stock exchanges and other market institutions. These measures are aimed at ensuring that MIIs ( market infrastructure institutions ) are staffed with qualified, independent key management personnel (KMPs) and directors while safeguarding market integrity through effective cooling-off policies."To strengthen the governance framework of stock exchanges, clearing corporations and depositories (collectively referred to as MIIs), it is required that the KMPs of MIIs in the crucial areas of operations, such as compliance, risk management, technology and information security are of appropriate stature and independence," Sebi said in its Sebi came out with a process for the appointment, re-appointment, termination or resignation of Key Management Personnel like the Compliance Officer, Chief Risk Officer, Chief Technology Officer and Chief Information Security the appointment process, Sebi said an external agency will identify suitable Nomination and Remuneration Committee (NRC) will review and recommend to the Governing Board of MIIs. Further, the Governing Board will make the final regards to re-appointment, termination, or resignation, Sebi said NRC will evaluate and recommend action to the Governing Board and the final decision rests with the the regulator said that KMPs should be given a fair hearing before termination."While the Governing Board of the MII sets the overall tone, a culture of prioritising efficient discharge of responsibilities towards public interest falling under Verticals 1 and 2, over commercial interest under Vertical 3 must be ingrained at the operating level as well."Along with having a capable and efficient Managing Director (MD), there is a need for KMPs of appropriate stature and ability in Vertical 1 and 2 to ensure that the MII delivers its primary mandate as a public utility infrastructure institution and a first-line regulator," Sebi the cooling-off period for KMPs moving to competitor MIIs, Sebi said that Governing Boards will decide on cooling-off periods for KMPs (including MDs) before they can join a competing regulator said that cooling-off rules for Public Interest Directors (PIDs) and Non-Independent Directors have been updated through Gazette notifications (effective 90 days after April 30, 2025).Additionally, Sebi also reviewed the process for re-appointing Public Interest Directors on the governing board of MIIs."It has been decided that in case the existing PID after completion of his first term is not considered for re-appointment by the Governing Board of the MII, the rationale for the same shall be recorded and informed to Sebi," the regulator provisions will be applicable from the 90th day from this Monday, the regulator said.
Time of India
26-05-2025
- Business
- Time of India
Sebi comes out with appointment process of senior officials at MIIs
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Markets regulator Sebi on Monday came out with a process to appoint specific key officials of stock exchanges and other market institutions. These measures are aimed at ensuring that MIIs ( market infrastructure institutions ) are staffed with qualified, independent key management personnel (KMPs) and directors while safeguarding market integrity through effective cooling-off policies."To strengthen the governance framework of stock exchanges, clearing corporations and depositories (collectively referred to as MIIs), it is required that the KMPs of MIIs in the crucial areas of operations, such as compliance, risk management, technology and information security are of appropriate stature and independence," Sebi said in its Sebi came out with a process for the appointment, re-appointment, termination or resignation of Key Management Personnel like the Compliance Officer, Chief Risk Officer, Chief Technology Officer and Chief Information Security the appointment process, Sebi said an external agency will identify suitable Nomination and Remuneration Committee (NRC) will review and recommend to the Governing Board of MIIs. Further, the Governing Board will make the final regards to re-appointment, termination, or resignation, Sebi said NRC will evaluate and recommend action to the Governing Board and the final decision rests with the the regulator said that KMPs should be given a fair hearing before termination."While the Governing Board of the MII sets the overall tone, a culture of prioritising efficient discharge of responsibilities towards public interest falling under Verticals 1 and 2, over commercial interest under Vertical 3 must be ingrained at the operating level as well."Along with having a capable and efficient Managing Director (MD), there is a need for KMPs of appropriate stature and ability in Vertical 1 and 2 to ensure that the MII delivers its primary mandate as a public utility infrastructure institution and a first-line regulator," Sebi the cooling-off period for KMPs moving to competitor MIIs, Sebi said that Governing Boards will decide on cooling-off periods for KMPs (including MDs) before they can join a competing regulator said that cooling-off rules for Public Interest Directors (PIDs) and Non-Independent Directors have been updated through Gazette notifications (effective 90 days after April 30, 2025).Additionally, Sebi also reviewed the process for re-appointing Public Interest Directors on the governing board of MIIs."It has been decided that in case the existing PID after completion of his first term is not considered for re-appointment by the Governing Board of the MII, the rationale for the same shall be recorded and informed to Sebi," the regulator provisions will be applicable from the 90th day from this Monday, the regulator said.
Yahoo
09-05-2025
- General
- Yahoo
'It is a place where children flourish' tribute as school leader steps down
After chalking up more than 20 years at one of Bolton's 'fantastic school, governor Phil Ashcroft has stepped down as chairman at St Bernard's RC Primary. Mr Ashcroft, a former councillor, said it was an honour to serve the school and paid tribute to fellow governors, staff and pupils. Mr Ashcroft said: "When I was first elected to the Governing Board in 2003, I could never have imagined the transformation we would witness, the challenges we would overcome, and the successes we would celebrate together. "First and foremost, I want to express my deepest gratitude to governors past and present, staff, parents, and, of course, the children—who are the heart of this school. It has been a privilege to serve a school that means so much to so many, and I am incredibly proud of everything we have achieved together. "I would like to pay special tribute to Claire Doodson, an inspirational and truly dedicated head, Clare's leadership, passion, and unwavering commitment to the children and staff of St Bernard's have left an indelible mark on this school. Working alongside her was both an honour and a pleasure, and her vision has helped shape St Bernard's into the school it is today. READ MORE: St Bernard's RC School in Ladybridge unveils £200,000 refurbishment St Bernard's RC Primary headteacher leaving after 20 years St Bernard's RC Primary School head retires by helping Speed Of Sight "When I think back to the school I first joined in 2003, it was a 'child of the 70s.' Over the years, we have seen massive changes that have transformed it into a modern, single year group school that can rival any around. These improvements didn't happen overnight—they were the result of dedication, hard work, and the shared commitment of governors, staff, and the wider school community." He added: "Of course, our journey hasn't been without its challenges. The situation with RAAC concrete has brought uncertainty, but it has also presented us with a remarkable opportunity—the potential for a brand-new school building. While the road ahead may still hold obstacles, I have no doubt that with the strength and resilience of this community, St Bernard's will emerge even stronger, ready to provide the very best for future generations of pupils. "Now, as we look to the future, we do so with excitement and optimism. We are delighted to welcome our new headteacher, Kirstin (Taylor), who brings fresh energy, passion, and fantastic ideas to continue building on our successes. Kirstin's vision for St Bernard's is inspiring, and I have every confidence that under her leadership, this school will shine even brighter—becoming a true beacon of the Roman Catholic community in Ladybridge and Bolton. "As I step back and reflect on my time as a governor, I do so with immense pride. St Bernard's is more than just a school—it is a family, a community, and a place where children grow, learn, and flourish. I have been incredibly fortunate to serve this school and its pupils, and I know that its future is in safe hands. "To everyone who has served, attended, or contributed to this fantastic school and community asset—thank you. Your efforts, your dedication, and your belief in St Bernard's have made it what it is today. And as we all know… Bernie's got talent!"
