Welcome to the NRMA

Board Committees

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The NRMA Board of Directors has established the following standing Board Committees:

Each Committee is comprised of a minimum of four Directors. The Group CEO is a permanent invitee to all Committee meetings. Membership of the Committees is subject to regular review. Each Committee has a Charter which sets out its responsibilities and delegated authority. These Charters are approved by the Board and are regularly reviewed.

Read the Protocols for NRMA Board Committees (PDF 252KB/4 pages).

The main functions of each Committee are:

Audit & Risk Management Committee

The objective of the Audit & Risk Management Committee (ARMC) is to assist the Board in considering the integrity of the NRMA Group's financial reports and statements, the adequacy and integrity of financial and operational systems, the effectiveness of internal controls over those systems, the adequacy and integrity of the risk management framework and the performance and independence of the external auditors and internal auditors.

To assist with its duties and to contribute to its discussions and deliberations, the Committee appointed a non-voting, independent consultant, Mr Chris Westworth, a former partner of Ernst & Young. Mr Westworth provides both advice and an external perspective on the Committee's work, without the duties imposed on a Director. He also acts as an advisor/sounding board to the Chair of the Committee, as required.

The Committee meets four times a year and additionally as required.

Membership: Ms M Mastroianni (Chair) Mr D Bentham, Ms W Machin, Mr K Loades (ex-officio), Ms F Simson (ex-officio) and Mr C Wentworth (Independent External Appointee).

Read the Audit & Risk Management Committee Charter (PDF 103KB/3 pages).

Data, Digital & Technology Committee

The objectives of the Data, Digital & Technology Committee is to assist the Board in considering governance, strategy and industry trends and developments relating to membership data, digital technology, technology used in service delivery and operations and the Group Membership System.

The Committee meets three times per year and additionally as required.

Membership: Ms K Lundy (Chair), Mr T Trumper, Mr K Loades (ex-officio), and Ms F Simson (ex-officio).

The Data, Digital & Technology Committee Charter was adopted by the Board on 9 December 2015.

Read the Data, Digital & Technology Committee Charter (PDF 72KB/ 1 pages).

Finance & Investments Committee

The objective of the Finance & Investments Committee (FIC) is to consider, or to assist the Board in considering, the NRMA Group's budgets, its corporate and business plans, the management and performance of its investment portfolio (including current and proposed investment and financing activities) and investment portfolio policy and strategy.

The Committee meets four times a year and additionally as required.

Membership: Mr T Trumper (Chair), Ms W Machin, Ms M Mastroianni, Mr K Loades (ex-officio) and Ms F Simson (ex-officio).

The Finance & Investments Committee Charter was adopted by the Board on 29 June 2011.

Read the Finance & Investments Committee Charter (PDF 41KB/2 pages).

Governance, Compensation & Nomination Committee

The objective of the Governance, Compensation & Nomination Committee (GCNC) is to assist the Board in considering matters in relation to the remuneration, succession planning and superannuation arrangements for the NRMA Group's Directors, Group Executive Committee (GEC) and, where applicable, employees.

The GCNC is also responsible for overseeing and making recommendations to the Board on the nomination of candidates to the Board of NRMA and the corporate governance, reputation and future sustainability of the NRMA Group.

Independent external advice may be obtained where relevant. All executive management are set key performance targets which are assessed on an annual basis.

The Committee meets four times a year and additionally as required.

Membership: Mr K Loades (Chair), Ms C Taylor, Mr T Trumper and Ms F Simson (ex-officio).

The Governance, Compensation & Nomination Committee Charter was adopted by the Board on 29 June 2011.

Read the Governance, Nomination & Compensation Committee Charter (107KB/3 pages).

Policy & Advocacy Committee

The objective of the Policy & Advocacy Committee (PAC) is to consider, or to assist the Board in considering, the strategic direction of the NRMA Group's public policy priorities for advocacy purposes, determining specific positions on key matters of public policy and assessing the effectiveness of its lobbying and advocacy activities.

The Committee meets for a full day three times a year and additionally as required.

Membership: Ms F Simson (Chair), Mr D Bentham, Ms K Lundy, Ms C Taylor and Mr K Loades (ex-officio).

The Policy & Advocacy Committee Charter was adopted by the Board on 26 October 2016.

Read the Policy & Advocacy Committee Charter (83KB/1 page).

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