Audit and Risk Committee
The Audit & Risk Committee supports the Board in its governance responsibilities by coordinating audit oversight responsibilities. The committee consists of a maximum of five members and is responsible for identifying and tracking risks, reviewing internal controls, determining scope of work, monitoring performance of external suppliers, reviewing financial reports, and recommending policies to mitigate risk. The Audit and Risk Committee also monitors compliance with regulations, and recommends changes to the Board as required.
Members
- Mr Chris Dodd (Director Chair)
- Mr Bruce Akhurst
- Ms Clare Power*
- Mr David McGregor*
- Ms Jennifer Douglas (Alternate)
Membership
The Audit & Risk Committee will consist of a maximum of five members and will be chaired by a member of the Board (an independent non-executive Director, and not the chair of the Board of the Company) and consist of no fewer than two non-executive Directors of the Company. At least half of these members must be independent directors. The CFO of PMCC is also to attend the meeting by invitation.