Finance, Audit and Risk Committee

Finance, Audit and Risk Committee

Purpose
The purpose of the Finance, Audit and Risk Committee is to advise the Health Hawke’s Bay Board specifically on financial matters and accountability.

Status
The Finance, Audit and Risk Committee is an advisory sub-committee of the Health Hawke’s Bay Board. The Health Hawke’s Bay Board may delegate specified decision-making authority to the Finance, Audit and Risk Committee.

Membership
The Finance, Audit and Risk Committee is made up of Health Hawke’s Bay Board Directors and if required, co-opted financial/legal experts. The Finance Committee is appointed by the Health Hawke’s Bay Board.

  • Jeremy Harker, Health Hawke’s Bay Board
  • Bayden Barber, Health Hawke’s Bay Director
  • Andrew Lesperance, Health Hawke’s Bay Director
  • Susie Young, ANZ Bank
  • Lara Truman, Ernst & Young Limited

Role
The Finance, Audit and Risk Committee will:

  • Oversee the preparation of the annual budget
  • Monitor revenue and expenditure
  • Oversee the preparation of annual reports
  • Oversee the annual financial audit
  • Develop a risk management strategy
  • Provide business cases and financial modelling attached to new developments or projects