Remaining true to the intentions of the credit professionals that established the AICM in 1937, the AICM's governance structures are member-driven and the AICM is a not-for-profit unlisted public company.
This means the AICM is run by members for members.
Only AICM members are eligible to stand for election to division councils at annual division general meetings and members vote on their appointment.
Board roles are filled by a nominee from each of the 5 division councils from which the National President is elected making up the minimum 6 divisional director positions. Up to 3 co-opted directors can be appointed by the Board.
The Board sets and reviews the 3-year strategic plan with the consultation of division councils, members, and stakeholders.
A new strategic plan has been developed for the 2023 -2026 period. It includes 5 areas of Strategic Priority:
These priorities support who we are, our purpose, vision and promise:
The constitution governs the operations of the AICM and can only be amended by members at an Annual General Meeting.
The By-Laws are the guidelines and rules established by the Board of Directors for the running of the institute's affairs.
The Board has primary responsibility for the institute, its role is to:
Our year-end is 30 June and you can view our most recent and historical financials here.