Governance and Financial Report
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Governance and Financial Report CPA Australia Integrated Report 2020 79 Board of Directors The Board of Directors is the principal governing body for Board diversity CPA Australia and is responsible for strategy development, The Nomination Committee recommends to the Board independently and objectively assessing the organisation’s the skills and competencies required on the Board and decisions and overseeing the performance and activities assesses the extent to which those skills are represented of management under the approved strategy. on the Board. The Nomination Committee regularly considers diversity issues and advises on the diversity Information on our approach to this area including our of the Board and its committees. The Board recommends governance framework and structures can be found in the that a minimum of 50 per cent of directors on the Board Corporate Governance Statement on our website and in should be female. The diversity of the current Board the governance section on pages 30 to 32 of this report. is shown in Table 16 below with the skills represented on the Board and its committees in Table 6, on page 31. Table 16: Board diversity as at 31 December* 2020 Total Female Male Age groups number % Number % Number % Under 30 0 0% 0 0% 0 0% 30–50 1 10% 1 10% 0 0% Over 50 9 90% 6 60% 3 30% Total 10 100% 7 70% 3 30% 2019 Total Female Male Age groups Directors % Directors % Directors % Under 30 0 0% 0 0% 0 0% 30–50 1 10% 1 10% 0 0% Over 50 9 90% 5 50% 4 40% Total 10 100% 6 60% 4 40% 2018 Total Female Male Age groups Number % Number % Number % Under 30 0 0% 0 0% 0 0% 30–50 2 20% 2 20% 0 0% Over 50 8 80% 4 40% 4 40% Total 10 100% 6 60% 4 40% * Figures are rounded and may not equal 100%. 80 CPA Australia Integrated Report 2020 Board of Directors As at 31 December 2020 Professor Dale Pinto FCPA Enrico De Santi FCPA Deputy President Deputy President Merran Kelsall FCPA PhD (Law) (Melb) MTax (Hons) (Syd) BBus GAICD President and Chairman of the Board PGradDipBus (Dist) (Curtin) BBus BCom (Hons) FCA MBA FAICD F Fin (Dist) (Curtin) FTMA FAAL CA Enrico has broad expertise in audit CTA-Life AFAIM MAICD and assurance, financial reporting, Merran served as Deputy President risk management, governance and of CPA Australia for three years from Dale is currently Professor of Taxation executive management spanning October 2017. She has a portfolio of Law in the Curtin Law School as well the public and not-for-profit sectors. independent directorships, with more as the Chair of the Academic Board He has been a registered company than 20 years’ experience on numerous at Curtin University. Dale is the author auditor since 1982. boards and committees in the private and co-author of numerous books, and public sectors. refereed articles and national and Enrico is presently the Deputy Auditor- international conference papers and General and Chief Operating Officer Merran has considerable expertise in sits on the editorial board of a number of the Tasmanian Audit Office. He has corporate governance, finance, audit, of peer-reviewed journals and is the been a member of various Australasian risk and compliance. She is particularly Editor-in-Chief of several refereed Council of Auditors-General’s groups. focused on aligning performance journals. He is currently a member of the management with strategy, and in Financial Reporting and Accounting financial and non-financial external He is a Fellow of CPA Australia and Committee and Chair of the Heads reporting to include strategy and risk was a member of the WA Divisional of Financial Audit Group. management. Her main interest is Council, including serving as President organisations with a strong focus on of the WA division in 2018 until Enrico served on CPA Australia’s outcomes for members, stakeholders his appointment to the Board on Tasmanian Divisional Council from and the public interest. 1 October 2018. 2005 to 2014 and returned to Council in 2017. He was President of the division She operated in public practice for Dale is also a Fellow of the Australian in 2009. He was previously a member 20 years, including 10 years as a partner Academy of Law as well as being a of CPA Australia’s External Reporting at BDO. Her industry experience Chartered Accountant, Chartered Centre of Excellence, Representative includes financial and professional Tax Adviser and Honorary Life Council and the Public Sector Network. services, insurance, health, retail, Member of the Tax Institute. He is education, contract management also a Life Member of the Australasian Since 2015, Enrico has been a and major infrastructure projects. Tax Teachers Association and the Commissioner on the Tasmanian Australasian Law Teachers Association. Catholic Education Commission Her current appointments include and Chair of the Resources and Deputy Chair of Melbourne Water Dale has been a registered tax agent Sustainability Standing Committee. Corporation, Director of CareSuper for more than 25 years and was Prior to this, he was on a number of and TarraWarra Museum of Art. appointed by the Assistant Treasurer school boards, chairing the St Aloysius Merran is also a Professor of Practice as one of the inaugural members of Catholic College Board from 2010 in the School of Accounting at the the National Tax Practitioners Board. to 2013, as well as serving on other UNSW Business School. Her former He is a current member of the Board Catholic education committees. appointments include Chairman of Taxation’s Special Advisory Panel and CEO, Australian Auditing and and the ATO’s Public Advice Guidance Assurance Standards Board, Member Panel as well as the Chamber of International Auditing and Assurance Commerce and Industry’s Economic Standards Board, Director of National Development Forum in WA. Gallery of Victoria, Director of RACV Ltd and Council of RMIT University. Dale is a member of the Tertiary Education and Quality Standards Agency (TEQSA) Register of Experts. CPA Australia Integrated Report 2020 81 Michaela Browning Louise Cox FCPA Robyn Erskine FCPA Director Director Director Bec (Hons), Masters FADT, GAICD BBus (Mgt), BBus (Accy), LLB (Hons), BBus CA RITF GradDipLegalPrac, LLM, MTax Ms Browning is a senior career Robyn is a partner in Brooke Bird, diplomat and is the CEO of the Louise Cox is a well-respected a specialist restructuring insolvency National Foundation for Australia-China accountant and lawyer with more and turnaround firm and has been Relations. She was previously Consul than 30 years’ experience as a Chief actively involved in the public practice General for Hong Kong and Macau, and Executive Officer, General Manager sector for more than 30 years. prior to that the Head of Investment, and Non-Executive Director across Australian Trade and Investment the legal, accounting, architecture, Robyn was Deputy President of Commission (Austrade). Michaela education and mental health sectors. CPA Australia’s Victorian Divisional possesses a deep understanding of Louise is currently Chief Operating Council in 2017, and in 2019 finished international and economic policy and Officer of the leading architectural her six-year term on the Council. has a proven track record of leadership practice, Thomson Adsett. Robyn has previously served on the in economic development, risk Victorian Public Practice Committee management and governance. As an experienced board member, and the Insurance Committee. Louise has served in a range of roles In 2014, Robyn was awarded the She has held a range of senior including Chair, Deputy Chair, Chair Henry Fox Award for outstanding positions in the Australian of Finance and Risk, and Chair of service to public practice in Victoria. Commonwealth Government including Governance in various commercial, Head of Investment Promotion for public sector and not-for-profit boards. From January 2015 through to Austrade and Head of all Established December 2020, Robyn served Markets (North America, Europe, Currently, Louise is Chair of Open on the International Federation of Japan, Korea, Turkey, Israel, NZ and Minds Australia and the Griffith Accountants (IFAC) Small and Medium the Pacific) and Special Adviser to University Department of Accounting, Practices Advisory Group (SMPAG) on the CEO on Strategy and China. Finance and Economics Advisory the nomination of CPA Australia and She ran the official development Committee. She is also a member CA ANZ, where she held the positions program for Afghanistan and Pakistan. of the Executive Committee of the as Deputy Chair and also Chair of its She was Senior Adviser to the then Caxton Legal Centre and a member Ethics Task Force. Defence and Foreign Ministers. of the QUT School of Accountancy Ms Browning was also Director of Advisory Board. In 2011, Robyn became the first Agriculture Negotiations for the Doha female to be appointed as the Development Round, and a negotiator Having previously served as a Director National President of the Insolvency on the free trade agreements of TAFE Queensland, Thomson Practitioners Association of Australia, Australia negotiated with the USA Adsett and as a member and Chair now known as the Australian and Singapore. She has previously of the Metropolitan South Institute Restructuring Insolvency and served on diplomatic missions of TAFE Council, Louise brings strong Turnaround Association (ARITA) and overseas in Thailand and Singapore. corporate governance experience to served as a director of ARITA until the Board. She has been active with May 2019. In 2017, Robyn was awarded Ms Browning is a Graduate of the CPA Australia as a member of the Life Membership to ARITA for long, Australian Institute of Company Public Practice Advisory Committee dedicated and distinguished service Directors, holds a Masters in Foreign and served for five years as a member to ARITA and the profession.