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The ACT's governance, showing a board room

Governance

Council is the governing body of The Association of Corporate Treasurers (ACT). It is ultimately responsible for the stewardship and strategic direction of the ACT and accountable to the members. Day-to-day management is delegated to the Chief Executive and, through the Chief Executive, to the Executive team.

Council consists of two Officers (President and Deputy President) and up to nine other elected members, as well as the Chief Executive, and up to four co-opted members. i.e. a maximum of 16 Council members. In any year the term for Officers and elected members commences on 1 May. You can learn more about our council here.

The Audit, Risk and Appointments Committee (ARAC) is the only committee with delegated powers from Council. Its membership includes the Chair, the two Officers (President and Deputy President), and up to five other members, who need not be members of the ACT. 

The Chair of ARAC reports back to Council for information purposes on matters that fall to ARAC’s approval and seeks approval from Council on matters where ARAC’s role is to make recommendations. There is a standing item at every Council meeting for this purpose.

ARAC’s Terms of Reference and Annual Forward Agenda are reviewed by ARAC and approved by Council annually. Minutes of ARAC meetings are included with the pre-read papers for Council.

The Current Members of ARAC are:

  • Malcolm Cooper, FCT, Non-Executive Director, Custodian REIT (Chair)

  • Tariq Kazi, FCT, Group Treasurer, Peabody

  • Stuart Case, FCT, Group Treasurer, Sky Group

  • Tracey Killen, Non-Executive Director, Nuffield Health

  • Chiluba Mulenga, AMCT, Head of Programme Management & Operations, Global Sustainability, State Street

  • Dino Nicolaides, FCT, Managing Director, Head of Treasury Advisory, UK & Ireland of Redbridge Debt &
    Treasury Advisory

  • Simon Viney, Cyber Security Financial Services and CNI Sector Lead, BAE Systems Digital Intelligence

You can download the ARAC Terms of Reference.

The ACT Executive Committee Members are:

  • Annette Spencer, Chief Executive

  • Clive Emerson, Chief Financial & Operating Officer

  • Janet Legge, Deputy Chief Executive and Director of Education & Membership

  • Devina Patel, Director of Marketing, Commercial & Events

  • Henry Thompson, Director of Policy & Public Affairs