Executive Committee (EXCO)
The Executive Committee meet
• one week before a scheduled Council meeting
• when the need arises when a urgent matter needs attention and a decision needs to be made
• when a mandate has been received from the Council to finalise a specific matter
Purpose of the committee: To receive and discuss reports and recommendations from Council
Committees and Management.
Audit and Risk Committee
An independent Audit and Risk Committee fulfils a vital role in corporate governance. It is a critical component in ensuring the integrity of integrated reporting and financial controls, the proper identification and management of financial risks and the integrity of the reporting
The Audit and Risk Committee should meet as frequently as necessary to perform its role, but should meet at least four times a year. There
must be at least one meeting per year where the external and internal auditors attend without Management being present.
Purpose of the committee: To ensure compliance with the best financial accounting practices and standards, and to manage and reduce risks in the organisation.
Human Resource Committee
The HR Committee should meet regularly, not less than four times per year, and at such other times as may be requested by the Chairperson
of the Committee to discuss governance matters related to HR.
Purpose of the committee: To approve human resource management policies and monitor their implementation.
The Finance Committee should meet at least four times per year or more often as circumstances require, keep minutes of its proceedings and report regularly to the Council. The committee may invite to its meetings any Council member, officer of the College or such person as it deems appropriate to assist it in performing its responsibilities.
Purpose of the committee: To consider matters of financial strategy and policy and to optimize the use of financial resources.
Planning and Resource Committee
The Infrastructure and Supply Chain committee should meet regularly, not less than four times per year, and at such other times as may be
requested by the chairperson of the committee. The committee may invite to its meetings any council member, officer of the College or such
person as it deems appropriate to assist it in performing its responsibilities.
Purpose of the committee: To assist the Council in its duties relating to the management and maintenance of infrastructure and capital
expenditure for infrastructure expansion and diversification programmes, compliance with supply chain policies and safeguarding of the
immovable assets of the College.