spoke at the INBS AGM on
At the moment, I’m concentrating on gathering names/contact details for INBS members who will support a demutualisation campaign. I need support of 20 voting members to nominate a new director or 25 voting members to propose a motion at the next AGM. I will be ready to push ahead with both of these actions next year, but I’d really like to move a bit faster than that.
According to Section 45 of the Building Societies Act 1989, I can petition the Central Bank to call a ‘special meeting’ of INBS members to discuss demutualisation and other matters if I have support from 200 voting members. I haven’t yet reached the ‘200’ milestone – the number of supporters is growing steadily, but I need more & more supporters If you or your family/friends/colleagues are prepared to support this campaign, please check out the ‘How can you help’ section of this website.