SYN Annual General Meeting – FAQs
- What is an Annual General Meeting?
An AGM is held every year to inform SYN members of previous and future activities. In organisations run by volunteers or a paid committee, the AGM is generally the forum for the election of officers or directors for the organisation.
It is an opportunity for the members to receive copies of the company’s accounts as well as reviewing fiscal information for the past year and asking any questions regarding the decisions the business will take in the future.
- What is the SYN Board of Management? What does it do?
A board of directors is a body of elected or appointed persons who jointly oversee the activities of a company or organisation.
Typical duties of boards of directors include:
- Governing the organisation by establishing broad policies and objectives
- Selecting, appointing, supporting and reviewing the performance of the General Manager/CEO
- Ensuring the availability of adequate financial resources
- Approving annual budgets
- Accounting to the stakeholders for the organisation’s performance
The SYN Board is a group people whose job it is to oversee SYN and make sure it remains stable financially and, to some extent, philosophically. The Board meets monthly, and receives reports on SYN’s finances, staff, volunteers and activities from the General Manager.
The SYN Constitution states that four Board members must be aged under 26, including the President.
- Why should you come to the AGM?
It’s important that all SYN members are involved in this kind of meeting. Its aim is to provide all members with information about SYN’s business activities, Board members and financial status. The current Board hopes that you’re interested in the health and sustainability of SYN as an organisation, and that you’ll attend the AGM to participate in Board elections that’ll determine how SYN’s overseen for the next period of time.
Return to Notice of AGM page.