Corporate Governance

Our Board of Directors recognise the need for the highest standards of corporate behaviour and accountability in order to fulfill its responsibilities to the Group’s stakeholders, who include its shareholder, customers, employees, suppliers, the community and the environment.

In keeping with this, the Board’s responsibilities include determining and reviewing the Group’s strategic direction and operational policies; establishing targets for management and monitoring the achievement of these targets; reviewing and approving the Group’s annual business plan; approving all significant business transactions; monitoring risk exposures and risk management systems including those relating to occupational health and safety, and; approving and monitoring reporting to the shareholder.

The Group also operates in accordance with Governance Protocols established by the shareholder, which cover, amongst other things, the function, composition, nomination, performance and remuneration processes of Directors together with the reporting obligations of the Group and Board performance.

The Board consists of six independent non-executive Directors, including the Chairman, who each bring a balance of skills, experience and diversity to help the company meet its strategic objectives.

Non-executive Directors meet periodically, in line with better governance, without the Chief Executive Officer or other management present. In accordance with the company’s constitution, one third of the Directors must retire each year, however if eligible, may offer themselves for re-election.

The Board is fully involved with setting the strategic direction of the Company, as well as reviewing the current performance on a monthly basis, with the overall vision to achieve growth in the performance of Citywide.

The Board of Directors oversees the Executive Management team. 


 

Hon. John M Brumby AO

Chairman

John was Premier of Victoria from 2007– 2010 after spending seven years as the State’s Treasurer. He is currently the Chairman of the Motor Trades Association of Australia Superannuation Fund Pty Ltd, Chair of the Olivia Newton-John Cancer Research Institute, Chair of the Fred Hollows Foundation, National President of the Australia China Business Council, a Director of Huawei Australia and Chair of BioCurate, a joint venture between the University of Melbourne and Monash University. John is also an Enterprise Professor at the University of Melbourne and a Fellow of the Australian Institute of Company Directors.

Ms Janice van Reyk

Director

Janice is a Director of Lochard Energy Group, Victorian Ports Corporation Melbourne, Northern Territory Environment Protection Authority, Melbourne Forum Limited and Rochester Partners. She was previously a Director of Melbourne Water and an Independent Member of the Ministerial Advisory Committee for the Public Inquiry into the Victorian EPA. She is a member of the Environment Institute of Australia and New Zealand and a Fellow of the Australian Institute of Company Directors. Janice is experienced in environmental and stakeholder issues on infrastructure projects and public policy in the water, energy, waste and transport sectors. 

Ms Andrea Waters

Director

Andrea is an experienced auditor, accountant and Non-Executive Director. She is a Director and Fellow of Chartered Accountants Australia & New Zealand and a member and accredited facilitator of the Australian Institute of Company Directors. She is a former partner with KPMG and a Director of The Deep Spring Trust, AJW Advisory Services, Care Super, Bennelong Funds Management Group and Cash Converters.

Ms Prue Willsford

Director

Prue has extensive experience in the financial services sector. She is the CEO and a Director of the Australian and New Zealand Institute of Insurance and Finance and has held senior leadership roles at National Australia Bank and State Trustees. She was the Deputy Chancellor of Victoria University and had various roles on the University Council, including Chairman of the Resources Committee. Prue is currently a Director of MyLifeMyFinance, a Fellow of the Australian Institute of Company Directors and a Fellow of the Governance Institute of Australia.

Mr Paul Hardy

Director

Paul previously served as Global CEO of Aurecon, Executive Chairman at Connell Wagner, and Executive Director at GHD. He was recognised by Engineers Australia in 2009, 2010, 2011, 2012 and 2013 as one of the 100 most influential engineers in Australia, and he has more than 35 years of experience in the consulting industry. He is Chair of Pitt & Sherry, a Director of Collingwood Football Club Foundation, Pan Group Australia, Pukuap Pty Ltd, Care Guidance Australia and Training Online Australia. Paul is a fellow of the Institution of Engineers Australia and a graduate of the Australian Institute of Company Directors.


Mr Peter Lamell

Director

Peter has served on over 25 boards across the energy, power, services, technology, telecommunication and not-for-profit sectors. He has broad global senior executive experience having worked in the UK, US, Europe, Asia/Pacific, Canada and Australia with a prime focus on successfully building and turning around a number of complex businesses.

He spent over 25 years working with Shell and was a member of the Board of Shell Australia. He is Chairman of Renew Australia, a member of the Advisory Board of 8over8 Ltd, Director of the National Trust Australia (Victoria) and the National Trust of Australia (Victoria) Foundation and is a fellow of the AICD. He has a Senior Executive MBA from Melbourne Business School.