Employment and Finance Committee

The specific financial remit of the Employment and Finance Committee includes overseeing the financial strategy of the University through review of financial performance and recommending the annual budget and five-year forecasts to the Board. The Committee plays a key role in reviewing the Financial Statements and recommends these to the Audit Committee for subsequent scrutiny prior to Board adoption. Contracts of £2m or more are also approved by the Committee.

The Committee considers and approves the University’s financial policies and regulations, including the Treasury Management activities of investment and borrowing. In addition, the Committee considers and approves fees charged by the University for its academic programmes and University accommodation, and monitors the financial performance of the Students’ Union. As well as on-going estates and capital project initiatives, the Committee plays an increasing role going forward in overseeing the development and delivery of the University’s IT Strategy.

Terms of Reference 2023/24

Membership 2023/24

Helen Fairfoul – Chair (Independent Governor)

Roberta Blackman-Woods (Independent Governor)

Hassan Kajee (Independent Governor)

Mark Larsen (Independent Governor)

Ian Wilkin (Independent Governor)  

David Pearson (External Co-opted Committee Member)

Helen Colclough (External Co-opted Committee Member)

Nerius Shah (Student Governor- Observer)

Libby Orme Academic Staff Governor (In Attendance with full contribution rights)

Professor Andy Long (Vice-Chancellor and Chief Executive)

Officers

Secretary:  Georgina Bailes

Assistant Secretary: Richard Elliott

Officers in Regular Attendance

Deputy Vice Chancellor: Professor Tom Lawson

Chief People Officer: Jane Embley 

Chief Financial Officer: Simon Newitt

Chief Marketing Officer: Peter Thomas

Chief Strategy Officer: Daniel Monnery

Dates and Times of Employment and Finance Committee Meetings in 2023/24