- Board Appointments
- Ownership Framework
- Treasury Website
Page updated 16 July 2013
The Crown Ownership Monitoring Unit (COMU) provides advice to Shareholding Ministers and Responsible Ministers on candidates suitable for appointment to the boards of entities such as State-owned enterprises, the Crown financial institutions, other Crown entity companies and statutory entities.
Every year, Ministers consider approximately one third of board positions that COMU provides advice on. In many cases, incumbent directors will be reappointed. However, in general terms, Ministers will make between 50 - 60 new appointments each year to the boards we are responsible for.
COMU also provides this advice in relation to the boards of the Crown Research Institutes. Altogether, this covers approximately 334 board positions. Refer to the Ownership Framework section for more detail on the types of entities this advice is provided for.Various other government departments and agencies provide the same service to Ministers for appointments to the several hundred other non-commercial government-appointed boards and commissions. For information on some of those other departments and agencies, refer to Crown Entities: A Guide for Ministers - Appendix 2 (State Services Commission website). Every year, the tenure of approximately one third of all board members (appointed by COMU) end and are considered by Ministers, assisted by advice provided by COMU. . In many cases, incumbent directors will be reappointed. However, in general terms, Ministers will make between 50 - 60 new appointments each year.
A specialised team within COMU, Appointments & Governance team, manages the director selection process and recommends candidates to Ministers.