CIWM will 'refocus and regroup' to make savings

Written by: Jo Gallacher | Published:
CIWM chief executive Colin Church speaking at this year's Resourcing the Future conference

The CIWM needs to “refocus and regroup” in order to overcome the financial difficulties it has faced over the past few years, a spokesperson for the institution has said.

The comments were made at RWM after CIWM president Professor David Wilson published a letter which acknowledged the organisation running a deficit.

Wilson said this was due to difficult market conditions including falling membership numbers, austerity on local government and reduced expenditure on training and events by companies across the sector.

At the CIWM’s AGM, two changes to the constitution were accepted.

These were a reduction in the number of trustees from 27 to 9-12 and a new member’s council which will offer a way for members to tell the institute what they want.

The organisation has also employed an external consultancy to deliver a new business plan which will be presented at the end of September for trustee’s approval.

CIWM’s spokesperson assured its members that the institution has over £3m in reserves so there is no fear of bankruptcy.

Colin Church, CIWM chief executive, said: “Changes to the governance structure of CIWM to ensure it is fit for the future have also been underway since 2016.

“These are designed to make the institution more responsive and representative and ensure that the body of trustees has the right balance of expertise and skills for the future.”

CIWM represents around 5,500 individuals in the UK, Ireland and overseas.

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