The Co-op is to recruit a smaller board of 11 directors with "high standards of competence" as part of radical governance reforms.
The changes are based on the four-point resolution proposed by Lord Myners and voted on by members at the special meeting in May.
Interim chief executive Richard Pennycook said approval of the governance changes will mark the end of the rescue phase of the group following recent progress in shoring up its balance sheet.
New guidance on when a "major incident" can be declared by hospitals has been criticised by Labour in a furious showdown in the Commons.
The late Bernard Jordan, who 'escaped' from his care home to travel to the D-Day commemorations, has left his entire estate to the RNLI.
UK to be "very cold indeed" over the coming days due to bitter northeasterly winds.