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Chief Minister highlights vital role of Statutory Boards

Wednesday, 2 May 2012

Chief Minister Allan Bell MHK has praised the valuable contribution made by members of Statutory Boards in helping to shape the Isle of Man’s future.

Mr Bell said the Island’s public bodies played a ‘vitally important’ role in the delivery of essential services such as energy generation, water supply, postal services, financial regulation, insurance and pensions, and consumer protection.

He commented:

‘Board effectiveness within these diverse areas of expertise is absolutely crucial to the wellbeing of our nation and fundamental in the successful delivery of our three national priorities, which are economic development, rebalancing Government’s finances and protecting the vulnerable. Members of our Statutory Boards provide vision, strategic direction and scrutiny, and their contribution is greatly appreciated by the Council of Ministers.’

The Chief Minister made his remarks during an induction session on April 27 for members of the Manx Electricity Authority, Isle of Man Post, Office of Fair Trading, Water and Sewerage Authority, Financial Supervision Commission, Insurance and Pensions Authority, Gambling Supervision Commission, Communications Commission and Public Sector Pensions Authority.

The membership of all Statutory Boards has been revised this year following an open recruitment process, with new appointees joining a number of long-serving Board members. The induction session, part of a wider induction programme, was conducted by senior Government officers and covered a range of important issues, including the structure of Government and financial regulations.

The Chief Minister said:

‘This event provided an opportunity for Statutory Boards and Government to come together to share knowledge, discuss best practice and deepen our understanding of roles and responsibilities. This will enable us to achieve the highest standards of effectiveness across organisations which have a major impact on community life in the Isle of Man.’

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