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Showing 1 - 10 of 12 results for "Board Remuneration Committee"

APRA finds signs of step change in remuneration practices

ANDREW MCKEAN  |  THURSDAY, 7 SEP 2023
... primarily significant financial institutions (SFIs), through detailed assessments and meetings with board remuneration committee (RemCo) Chairs. The second phase was a more "light-touch" survey of remaining SFIs. In their evaluations, entities were asked ...

Commonwealth Bank appoints new chair

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 APR 2022
... now is an appropriate time to hand over to the next chair. O'Malley is currently chair of the CBA Board Remuneration Committee and has been a board member since January 2019. He previously served as managing director and chief executive of BlueScope ...

Next Macquarie chair announced

CHLOE WALKER  |  THURSDAY, 2 DEC 2021
... 2011 and is a member of the board governance and compliance committee, board nominating committee, board remuneration committee and board risk committee. "It has been a memorable eleven years and a real privilege to have been a director of such an inspiring ...

APRA readies new super fund remuneration regime

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
... under management are classified as significant financial institutions (SFIs) and must establish a board remuneration committee (RemCo) to oversee the design and implementation of remuneration structures. Smaller funds are not required to set up a RemCo ...

Macquarie director departs

ALLY SELBY  |  MONDAY, 21 SEP 2020
... governance over the coming years." During his time at Macquarie, Hawker served as the chair of the board remuneration committee between 2016 and 2020, during which time he helped "shape the best practice policies and engagement that have been integral ...

CBA releases remediation scorecard

KANIKA SOOD  |  THURSDAY, 11 OCT 2018
... the group executives with respect to risk. The bank is now making formal assessments to assist the Board Remuneration Committee make appropriate risk adjustments, the review found. Promontory said while the milestone has been achieved, CBA could make ...

Executive pay structure still fuels risk-taking: APRA

KANIKA SOOD  |  WEDNESDAY, 4 APR 2018
... on improved design of remuneration frameworks; enhanced implementation and outcomes; strengthened board remuneration committee oversight; and enhanced reporting and disclosure. It will consider beefing up prudential requirements to reflect evolving international ...

New Macquarie chair steps up

ALEX BURKE  |  FRIDAY, 1 APR 2016
... was announced in September, was previously a non-executive director and also chair of Macquarie's Board Remuneration Committee, a position he will retain until May 7. He also holds board positions at NSW Treasury Corporation, the Australian Office of ...

Macquarie announces new chair

ALEX BURKE  |  MONDAY, 28 SEP 2015
... served as chairman of the Macquarie board Risk Committee and is currently chairman of Macquarie's Board Remuneration Committee." In response, Warne praised McCann's tenure as chair, saying, "Over the past four years as chairman, Kevin has presided over ...

ASFA concerned about board governance timeline

DARREN SNYDER  |  TUESDAY, 4 AUG 2015
... does not support proposed requirement that a majority of both the Board Audit Committee (BAC) and Board Remuneration Committee (BRC) be independent directors. "In ASFA's view, while it is reasonable to require at least one independent director to be ...
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