Board of Trustees

The Board of Trustees is composed of no more than seven members and its role is to advise management and to supervise the running of the organisation in terms of operational management, management strategy and organisational policy.

The Board of Trustees and the Director-General have a preliminary consultation prior to every meeting with the entire Board of Directors. The Board of Trustees and the Director-General also meet with the organisation’s works council (ondernemingsraad) once a year.

Committees

The Board of Trustees has appointed two committees, the Audit Committee and the Remuneration Committee, both of which have two members.

The Audit Committee has oversight responsibility for the financial statements, interim reports and the budget. It also focuses on further enhancing of the planning and control cycle and risk management. The Remuneration Committee functions as the employer of the Director-General and conducts his annual performance review.

Vacancies

When vacancies arise on the Board of Trustees, the remaining Trustees are tasked with appointing new members. In appointing members of the Board, they aim to achieve balance in the expertise of the members in various fields.

Members of Nuffic’s  Board of Trustees may not also hold a seat on the board – whether in an executive or supervisory capacity – of any higher education institution. The Chair of the Board of Trustees receives an annual remuneration of €7,500, while the remaining members receive €6,000 each.

Members of the Board of Trustees

* = member of the Audit Committee

** = member of the Remuneration Committee