Should CEOs be on the board? New report

In response to the transformative Credit Union (Amendment) Act 2023, Irish credit unions now have the option to appoint their CEO/manager as a board member. Swoboda Research Centre has conducted an in-depth, participatory study to explore the rationale and potential benefits of this pivotal change for the credit union sector.

Our comprehensive report combines insights from an online survey of credit unions and interviews with chairs and CEOs in Ireland, as well as international governance experts and credit unions from other jurisdictions where this is already regular practice. The paper considers concerns raised about this opportunity and offers valuable guidance for Irish board members as they consider this strategic governance shift. Why would they do it? Is this an opportunity or a risk?

This report makes an important contribution to credit union governance.