Board Committees

The AIST Board has the authority to establish board committees and ad hoc committees to assist its work, but retains overriding responsibility for any delegated activity. Within this context the Board may:

• Delegate any of its powers to a committee
• Appoint the chair of a committee

The Board determines the Chairperson of each committee at its first meeting each year. The composition of the committees may include AIST directors and/or staff and industry experts who are also AIST members. The committees report to the Board and must exercise their delegated powers in accordance with any board directions.

Each committee established by the Board is required to adopt a charter that must be approved by the Board. The charter must set out the committee's composition, responsibilities and other matters relating to its effective operation. All committees must adhere to the principles contained in the AIST Board Charter.

Quicklinks

Finance, Risk & Audit Committee
Policy & Governance Committee
Remuneration Sub-Committee

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Finance, Risk & Audit Committee

The Finance, Risk & Audit Committee is a Board business committee, with the delegated authority and responsibility of overseeing AIST's financial operations, audit requirements and risk assessments, in particular:

• Monitoring the accounts against the approved budget
• Monitoring cash flows
• Overseeing the preparation of finance reports for the Board
• Ensuring that AIST complies with all relevant accounting standards
• Overseeing preparation of annual accounts
• Ensuring transparency of member reporting
• Making recommendations to the Board regarding the appointment of an auditor
• Actively monitoring AIST's risk management framework
• Overseeing the preparation of risk management reports for the Board
• Reviewing relevant policies and procedures annually
• Reviewing contractual arrangements prior to presentation to the Board
• Conducting an annual risk management review

The Finance, Risk & Audit Committee Charter document contains a full outline of the Committee structure and duties.

Our guidelines stipulate disclosing the names of those who sit on the committee. Below are the finance committee members:

Name	AIST Role	Organisation
David Coogan (Chair)	N/A	PwC
Graeme Arnott	Staff Elected Director	First State Super
Maryann Mannix-White	Chief Membership Officer	AIST
Mark Puli	Staff Elected Director	ESSSuper
David Smith	President	HESTA

 

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Policy & Governance Committee

The Policy & Governance Committee is a board business committee, with the delegated authority and responsibility of the following activities:

• Development of AIST's Policy Platform and specific policies stemming from it
• Monitoring superannuation policy developments
• Providing input for the preparation of AIST submissions
• Proposing initiatives to the Board with respect to agreed policies
• Assisting with the preparation of policy papers
• Representing AIST at meetings with industry poliy makers when required
• Making recommendations to the Board for research projects
• Overseeing approved research projects
• Suggesting policy topics for conferences and seminar lunches

The Policy & Governance Committee Charter features a full outline of the Committee structure and duties.

Name	AIST Role	Organisation
Geoff Lake (Chair)	Trustee Elected Director	Vision Super
Jane Barrett	AIST Member	Cbus
James Bennett (Alternate)	AIST Member	HESTA
Catherine Bolger	Trustee Representative Director	SAS Trustees
Sandra Buckley	AIST Associate	Women In Super
Cath Bowtell	AIST Associate	Industry Fund Services
Benedict Davies	AIST Member	UniSuper
Mary Delahunty	AIST Member	HESTA
Louise du Pre-Alba	Staff Elected Director	AustralianSuper
Kate Farrar	AIST Member	LGIAsuper
John Holland (Alternate)	AIST Member	Sunsuper
Rosemary Kelly	AIST Member	First State Super
Julie Lander	AIST Member	CareSuper
Diana Orbell	AIST Member	Sunsuper
Zak May	AIST Associate	Industry Super Australia
Patrick McAvaney	AIST Member	SuperSA
Bruce McBain	AIST Associate	Corporate Super Association
Brenda Mills	AIST Member	REST
Steven Miller	AIST Member	Telstra Super
Gerard Noonan	Trustee Elected Director	Media Super
Andrew Proebstl	AIST Member	legalsuper
Kulwant Singh-Pangly	AIST Member	QSuper
David Smelt	AIST Member	Statewide
Nada Siratkov	AIST Member	State Super
Ann Smith	AIST Member	First State Super
Cate Wood	Trustee Elected Director	CareSuper
Mark Ward	AIST Member	Cbus
Ailsa Goodwin	Head of Advocacy	AIST
Janet de Silva	Senior Manager, Media & Communications	AIST
David Haynes	Senior Manager, Policy	AIST
Eva Scheerlinck	CEO	AIST
Karen Volpato	Senior Policy Advisor	AIST
Richard Webb	Policy & Regulatory Analyst	AIST
Jake Sims	Policy & Regulatory Analyst	AIST
Mark Sanders	Education & Training Consultant	AIST
Tyrell Mills	Media & Content Officer	AIST

 

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Remuneration Sub-Committee

The Remuneration Sub-Committee is a board business committee, with the delegated authority and responsibility of overseeing the CEO's role and AIST's staff remuneration, in particular:

• Assess the CEO's role against the position description
• Assess the KPIs for the CEO position
• Assess the CEO's performance against the outcomes for the business and strategic plans
• Assist the CEO with any senior staff appointments, as required
• Set any pay increases for AIST staff outside of AIST’s Certified Agreement as amended from time to time.

The Remuneration Sub-Committee Charter contains a full outline of the Committee structure and duties.

Name	Position	Fund
David Smith (Chair)	President	HESTA
Catherine Bolger	Trustee Representative Director	MineWealth+Wellbeing, SAS Trustees
Louise Du Pre-Alba	Staff Elected Director	AustralianSuper

Last updated: 23 Jul 2019