An Audit and Risk Committee has been set up by Stratford District Council.
The council has hired independent chairperson Kura Denness to lead the committee, which will oversee risk management and create assurance that council processes are being followed correctly.
Kura chaired her second Audit and Risk Committee meeting last week where she presented a report on the Risk Management Policy she has written for the council.
The policy helps to identify risks, considers their implications and outlines ways to manage them. The policy will have further work. Also brought to the committee was a report on the council's treasury strategy and information reports on water metering and billing, and health and safety.
Kura has about 20 years of experience in governance in Taranaki and is a chartered accountant. She is currently a trustee on the Te Atiawa Post-Settlement Governance Entity and an Environmental Protection Authority board member. She has experience on many audit and risk committees in the health education and environment sectors.