Board of directors

The Board is the guardian of the purpose for which Beyond Blue was established – its vision, mission, values and beliefs. The Board fulfils its primary role by:

• appointing and removing the Chief Executive Officer and monitoring performance
• overseeing the development of, and approving, Beyond Blue's strategic plan
• supporting the delivery of the strategic plan by ensuring adequate management of resources to achieve agreed corporate and performance objectives
• providing input into, approving, and monitoring performance against Beyond Blue's annual budget and operating plan
• monitoring, and where necessary, approving Beyond Blue's compliance with legal and regulatory requirements including external financial reporting
• recommending to Members the appointment and/or removal of and monitoring the performance and ongoing independence of the auditor of Beyond Blue.

The Board has formally delegated responsibility for the day-to-day operation of Beyond Blue to the Chief Executive Officer and executive management team.

The Board oversees and monitors management’s performance by:

• meeting at least four times per year
• receiving detailed financial and other reports from management at these meetings and at other times as required
• receiving additional information and input from management when necessary
• assigning authority to the Audit, Finance and Risk Committee (which operates under Terms of Reference approved by the Board) to oversee particular areas of responsibility.