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First meeting for independent committee member

4 May 2017

First meeting for independent committee member

The meeting of Council’s Finance and Audit Committee on Thursday 4 May will be the first meeting attended by the committee’s appointed advisory member. 

Last month, Council appointed Robert Hunter to the committee as a member with financial and accounting experience, to sit exclusively in an advisory capacity.

Committee chairperson Councillor Brian Wilson strongly supports the engagement of an independent member who is able to understand Council’s financial reporting requirements, risk management and audit processes.

“Many audit committees in other council’s do have an independent person with financial experience, and in fact some have more than one.”

“I value independent financial expertise when dealing with Council’s Controlled Trading Organisations, particularly when considering business cases for transfer of assets to Gisborne Holdings Ltd and the financial worth of doing so.”

“The committee were eager to appoint someone with the ability to explain technical matters to other members of the committee.” 

Mr Hunter says he is looking forward to a governance role after many years’ experience in providing management advice to boards.

“I am keen to ensure that Councillors receive clear and meaningful financial information, and that they understand what is being presented to them.”

“As a ratepayer, I look forward to seeing our region progress, and although excited about many of the projects being proposed for the future, I want to ensure we as a district operate within our means and do not overburden ourselves with debt.”  

Mr Hunter’s past roles have included treasury management for a bank, as well as management and chief financial officer roles at both the Tairawhiti District Health Board and Tairawhiti Polytechnic.

“As someone who enjoys financial analysis, I see this role as an opportunity to make a meaningful contribution to our community.”

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