Update from the latest ARA Board meeting
Lisa Snook thanked Adrian Steel for his contributions to the work of theARA during his tenure as he is stepping down from his role on the Boardwith effect from the AGM.
The Board held a virtual meeting on Microsoft Teams on Tuesday 20th April 2021. This was the last Board meeting before the AGM which was held virtually on 18th June 2021.
Lisa Snook thanked Adrian Steel for his contributions to the work of the ARA during his tenure as he is stepping down from his role on the Board with effect from the AGM.
Laura Cotton has agreed to chair the ARA's Volunteering Committee.
An annual skills audit of the Board, led by the Chair, will be undertaken after the AGM. This will help to identify suitable individuals to lead and support ARA projects, as well as identify skill gaps that can potentially be filled in the future.
The Governance Review Action Plan prepared by the Honorary Officers was accepted by the Board and will now become fully operational. Work in some areas has already started but it's an ongoing active programme of development and improvement for the Board over the coming years.
Feedback on the ARA Strategy 2021-2025 consultation was presented to the Board, and it was agreed the Honorary Officer can now develop the final version for the Board's approval. The feedback was generally positive, with useful contributions to be incorporated into the Strategy or subsequent Business Plans.
The Honorary Treasurer took the Board through the latest budget figures which are generally positive. The ARA is on track to make a small surplus this financial year and the investments that support the reserves are performing well.
The CEO reported that five candidates were to be interviewed for the Communication Officer position on 17th June (more details to follow when this appointment has been made).
As at all Board meetings, the Risk Register was reviewed and updated where new mitigations have been put in place or new risks identified.
The CEO put forward two recommendations which were subsequently accepted by the Board. The first was to transfer the profits created by ARA Commercial Ltd to the ARA main accounts as recommended by our accountants. This money will be returned in the new financial year to support ongoing projects such as the Archives Card. The second was to appoint Lynda Barraclough (British Library) as the ARA representative on the Libraries & Archives Copyright Alliance (LACA).
Wednesday, 07 July 2021 10:04