Governance bodies at OVO

Board of Directors (BoD)

• Composed of unpaid volunteers.
• Meets 5 times a year to set policies and strategic direction.
• Appoints the Executive Management (DB) and approves annual accounts, budgets and work plans.

👉 Vacancy: We are looking for advisors to the Board of Directors.
As an advisor, you take part in meetings, bring expertise and networks, and actively provide advice – without voting rights. There is the opportunity to grow into a full Board seat. View the vacancy

Operational Board Committee (COB)

• A committee within the Board of Directors that supports OVO’s day-to-day functioning.
• Deals with operational matters that fall outside the competence of the Executive Management but do not require the full Board’s immediate involvement.
• Has advisory authority only: decision-making and representation powers cannot legally be delegated to a committee.

Key tasks:

• Analyze, advise, prepare and follow up on Board decisions.
• Act as a bridge between the Executive Management and the Board.
• Support and oversee the DB.
• Handle contracts, financial transactions and HR matters above DB thresholds.

All COB “decisions” are subject to formal approval by the Board of Directors.

Management Team & Executive Management (DB)

Management Team = the core of the organizational network, led by the General Manager and team leaders.

Executive Management (DB) = General Manager + Team Matchmaking Manager.

Works according to the “four eyes” principle: all decisions are taken jointly.

Tasks:

• Implement OVO’s annual program and budget.
• Contracts and HR within daily operations.
• Financial transactions up to set thresholds.
• Coordinate with volunteers, partners and projects.
• Reporting: monthly to the COB, quarterly to the Board.