Board of Directors

Organisational Structure

The structure of the TMA has largely mirrored the US association with a governing national board and a number of specific committees and state committees and their respective committees as detailed in the following charts.
 
The Board will comprise up to 13 members, who are to be representative of the membership of the Association with a preference that at least 50% of the directors shall not be operating insolvency professionals and if possible representatives of 2-3 Key Players shall be nominated.

A number of general policies have been established:

• Directors should rotate off the board preferably in a 3-4 year cycle so that there is an opportunity for wide variety of members to participate;
• Three directors will resign but may stand for re-election at the Annual General Meeting in October;
• Two new Vice–Presidents will be elected annually and it is expected that one of the VP's will rotate through the Presidency and Chairman roles over the following 3 years and
• Each Committee should have a Board Director participating who has responsibility for the performance of the Committee including reporting to the board at least quarterly.

Board of Directors