Governance

Governing Law

Parker Russell International Ltd's  operations and the matters arising within the member firms and the other stake holders is governed by the English law

The board responsibilities are;

(i) Study any matter affecting the welfare of PRI as a whole (including its objects, rules and policies) and make recommendations thereon to the Member Firms for consideration and approval at a General Meeting or otherwise in accordance with the Accession Agreement.

(ii) Establish a board of members and the relevant committees as it may deem appropriate, settle their respective terms of reference and invite representatives from Member Firms (whether or not members of the Board) to serve on such Committees. Such Committees shall be responsible to the Board,

(iii) To elect a Vice President who shall be a Partner or Director of a Member Firm within one of the Constituencies lettered A,B,C,D and E, in the Fourth Appendix, to hold office from the conclusion of each Annual General Meeting until the conclusion of the next.

(iv) To admit  new member firm

The Board of directors shall be comprised of the CEO and the other legally appointed directors in accordance with the UK relevant companies Act.

Board of Directors

The management of PRI and the practical fulfilment of its objects as declared in the Memorandum and Articles of Association and in its Accession Agreement shall be the responsibility of the PRI Board of Directors ("the Board").   The board responsibilities are;

(i) Study any matter affecting the welfare of PRI as a whole (including its objects, rules and policies) and make recommendations thereon to the Member Firms for consideration and approval at a General Meeting or otherwise in accordance with the Accession Agreement.

(ii) Establish a board of members and the relevant committees as it may deem appropriate, settle their respective terms of reference and invite representatives from Member Firms (whether or not members of the Board) to serve on such Committees. Such Committees shall be responsible to the Board,

(iii) To elect a Vice President who shall be a Partner or Director of a Member Firm within one of the Constituencies lettered A,B,C,D and E, in the Fourth Appendix, to hold office from the conclusion of each Annual General Meeting until the conclusion of the next.

(iv) To admit  new member firm

The Board of directors shall be comprised of the CEO and the other legally appointed directors in accordance with the UK relevant companies Act.

Board of Members

To assist the board of directors in managing the activities of PRI. The board of members responsibilities are

(i)             Identify a suitable member firms

(ii)            Coordinate the communication between the member firms and the board of directors

(iii)           Organise regional meetings

(iv)           Other roles deemed necessary to run the day to day activities of the network and the relevant regions.

The Board of members shall be comprised of the President, the Deputy President, the Vice  President, and other members to be elected in accordance with the Accession Agreement.

Parker Russell International Ltd and the brand

Parker Russell is the brand used by a network of independent accounting and advisory firms each of which practices in its own right. The network is not itself a separate legal entity of any description in any jurisdiction. The network is administered by Parker Russell International Limited, a company registered in England and Wales (company number 04861541) whose registered office is at Level 30, The Leadenhall Building, 122 Leadenhall Street, City of London, London EC3V 4AB , United Kingdom. The brand and trademark Parker Russell and other intellectual property rights used by members of the network are owned by Parker Russell International Ltd.