Who we are
Dame Bridget D’Oyly Carte (1908-1985) established The D’Oyly Carte Charitable Trust in 1972 to support her personal interests which included her enjoyment of theatre, music and gardening, and, in particular, helping disadvantaged and disabled children. Today, the Trust continues her legacy through its three grant programmes: The Arts, Medical Welfare, The Environment. The Trust is governed by a Board of Trustees who meet to make grant decisions three times a year.
The role
DCT as a charitable organisation and its governance structure, ensure that it meets its obligations for probity, good governance and outstanding performance. The Board comprises the Trustees (who are also the Directors of the charitable company), who meet together three times during the year. Trustees focus on the three core functions of governance:
1. Ensuring clarity of vision, ethos and strategic direction
2. Assisting with the distribution of grants
3. Overseeing and ensuring effective investment and financial performance
The Board of Trustees has ultimate responsibility for directing the charity, its assets and its activities. The Board looks to its Investment Committee to provide strategic advice, evaluate investment performance, assess investment risk and select investment managers.
The Investment Committee comprises a Chair, who is also a DCT Board Trustee, and up to four independent members with relevant investment expertise. Together, they provide strategic direction and oversight of DCT’s investment assets, helping to implement, refine and review the investment strategy to ensure that the charity’s investment objectives are met.
The appointment will commence in January 2024.
Person specification
DCT now seeks a Trustee with a finance or investment background who will join the Investment Committee, with a view to taking on the role of Committee Chair.
The individual will have senior-level investment management experience to join its Investment Committee. An understanding of ESG is desirable but not essential.
Candidates will bring sound, independent judgment and be able to work effectively with other members of the Committee. They will share DCT’s mission and be excited to play a role in delivering the Charity’s objectives.
The successful candidate will bring strong, strategic-level experience in finance and / or investment management. Candidates must be collaborative and comfortable operating at a strategic level with the Charity’s senior leadership team and other Board members.
Terms of appointment
There are three Board meetings per year, which take place in central London in March, July and November, and last approximately three hours. Additionally, there are two Investment Committee meetings per year, which last approximately two hours and are usually held in April/May and November. The appointment is for an initial three-year term, which can be renewed thereafter at the discretion of the Board. The role is unremunerated but reasonable, pre-agreed, expenses will be reimbursed.
Location Description Description
Candidates will be based in the UK, and happy to travel to London for in-person meetings.
Diversity
DCT welcomes applications for this role from everyone regardless of age, gender, ethnicity, sexual orientation, faith or disability. All appointments will be made on merit, following a fair and transparent process.
Supporting document(s)
- trustee-and-investment-committee-role-july-.pdf - Download
