Board and Committee Composition

Perpetual Limited Board Committees

The membership, terms of reference and key responsibilities of the board's committees are explained here. Each committee has written terms of reference. Unless more frequent meetings are required, all committees generally meet at least on a quarterly basis.

Audit Risk and Compliance Committee

Members: Ian Hammond (Chairman), Philip Bullock, Nancy Fox and Craig Ueland.


The main functions of this committee are to oversee group accounting policies and practices, the integrity of financial statements and reports, the scope, quality and independence of our external audit arrangements, the monitoring of the internal audit function, the effectiveness of risk management policies and the adequacy of our insurance programs. This committee is also responsible for monitoring overall legal and regulatory compliance. Each member of this committee is an independent non-executive director. To ensure that the committee is fulfilling its duties to Perpetual and to shareholders, the committee obtains feedback on its performance from the board annually and implements any agreed changes. View the Audit Risk and Compliance Committee's Terms of Reference.

People and Remuneration Committee

Members: Sylvia Falzon (Chairman), Philip Bullock and Nancy Fox.

This committee's role is to monitor the group's people & culture policies and practices, to assist the managing director to implement fair, effective and market competitive remuneration and incentive programs designed to retain high calibre employees. After considering advice from external remuneration advisers, the committee recommends remuneration for non-executive directors, the managing director, executive committee members and senior employees. The committee reviews succession and career plans for key executives. Each member of this committee is an independent non-executive director. To ensure that the committee is fulfilling its duties to Perpetual and to shareholders, the committee obtains feedback on its performance from the board annually and implements any agreed changes. View the People and Remuneration Committee's Terms of Reference.

Investment Committee

Members: Craig Ueland (Chairman), Sylvia Falzon and Ian Hammond.

This committee’s main function is to monitor that management has in place and carries out appropriate investment strategies and processes for the investment activities which the group carries out both for third parties and on its own behalf. This committee does not select stocks for individual Perpetual funds; stock selection is carried out by Perpetual’s asset management team. To ensure that the committee is fulfilling its duties to Perpetual and to shareholders, the committee obtains feedback on its performance from the board annually and implements any agreed changes. View the Investment Committee's Terms of Reference.

Nominations Committee

Members: Tony D’Aloisio (Chairman), Sylvia Falzon, Ian Hammond and Craig Ueland.

The committee's role is to recommend to the board nominees for the board (including re-election of existing board members) and to review at least annually the size and structure of the board to ensure that the board comprises appropriately qualified and experienced people. View further details on Perpetual's approach to selecting and appointing new directors in Perpetual's Policy on Appointment of Directors. This committee is also responsible for implementing a formal evaluation process of the board's performance as a whole. Each member of this committee is an independent non-executive director. To ensure that the committee is fulfilling its duties to Perpetual and to shareholders, the committee obtains feedback on its performance from the board annually and implements any agreed changes. View the Nominations Committee's Terms of Reference.

Director Perpetual Limited Board Audit Risk & Compliance Committee People & Remuneration Committee Investment Committee Nominations Committee
Tony D’Aloisio

(Chairman)

     

(Chairman)

Philip Bullock


Sylvia Falzon

(Chairman)

Nancy Fox


Ian Hammond

(Chairman)


P Craig Ueland

(Chairman)

Rob Adams