The governance and structure of ISITC is defined in the bylaws.
Board of Directors
ISITC is governed by the Board of Directors. The Board meets monthly via conference call, or in person at the three meetings held per year. The Board is comprised of 12–20 individuals from General Member firms, representing each of our constituencies; Asset Servicers, Broker/Dealers, Asset Managers/Owners and Solution Providers. Each Board member is allowed to serve up to three terms of three years each term.
Officers
There are six Officer Positions on the Board:
- Chair: The President & CEO of ISITC, presides at all Board Meetings
- Vice Chair: Second to Chair
- Second Vice Chair: Supports the Vice Chair
- Treasurer: Chairs the Finance/Audit Committee
- Secretary: Records Board meeting minutes
- Immediate Past Chair: Chairs the Nominating Committee
Officer Positions have a two year term limit and are elected by the Board of Directors with exception of the Immediate Past Chair.
Board Committees/Task Forces
There are five standing committees of the Association as follows:
- Finance/Audit Committee: Responsible for the budget and oversight of the annual audit
- Marketing & Membership Committee: Responsible for oversight of member firm relations, new firm onboarding, and marketing ISITC
- Nominating Committee: Responsible for the Board election process
- Website Committee: Responsible for website content and maintenance
- Conference Task Force: Responsible for planning content for events and webinars