The Board of Trustees
The Board of Trustees is HFMA’s supreme decision-making body. The trustees are accountable for the governance of the Association. The Board meets every quarter and its role is to manage the affairs of the Association as well as receiving reports from the Chief Executive and Finance Director.
The Board is made up of fourteen members. There are currently five officer posts elected by nomination from the Branches. These are the President, two Vice-Presidents, Immediate Past President and Honorary Treasurer.
There are three regional trustees, drawn from branch members in Northern Ireland, Wales and Scotland. The remaining trustees are drawn from the membership and are selected by the Appointments and Remuneration Committee taking into account the requisite skills required by the Board. Members apply by an open application process.
The following individuals make up the 2011/12 HFMA Board of Trustees:
Board Committees
The HFMA Board of Trustees has a number of subcommittees that undertake work on behalf of the HFMA Board. The subcommittees are populated by HFMA Trustees and Staff and all feed back to the Board of Trustees.
Audit & Finance Committee
The Audit & Finance Committee ensures the financial control of HFMA is strong and that good governance of the financial activities of HFMA exists. This is achieved through considering the effectiveness of the company’s internal controls and risk management systems. The Audit & Finance Committee is chaired by the Honorary Treasurer.
Commercial Advisory Board
The purpose of the Commercial Advisory Board is to provide oversight of the work of HFMA Ltd, HFMA Commercial Services Ltd and any other commercial subsidiary to ensure it is valid, appropriate and fits within the strategic outlook of the Association. The Commercial Advisory Board is chaired by a Vice President and HMA’s two Commercial Advisors attend meetings.
Education and Member Services Advisory Board
The purpose of the Education and Member Services Advisory Board is to provide oversight of the education, learning and member services output of HFMA to ensure it is valid, appropriate and fits within the strategic outlook of the Association. The Education and Member Services Advisory Board is chaired by a Vice President.
Appointments and Remuneration Committee
The Appointments and Remuneration Committee makes recommendations to the Board on applications for Officer Trustee posts and trusteeship. It also provides advice on the recruitment and remuneration of HFMA personnel.
Board of Trustees Policy Forum
The Policy Forum is HFMA’s high level vehicle for discussing policy and determining HFMA’s view on particular issues. The Forum meets twice a year and is populated by Trustees and representatives from the Branches, Committees and Faculties. Key external figures from the Department of Health, Devolved Nations, Professional Accountancy Boards, National Audit Office and Audit Commission are also sometimes invited to the Policy Forum.
Communications Group
The HFMA Communications Group was formed in 2011 to provide oversight of HFMA’s Communications output.
The Communications Group aims to:
- Enable a forum to support debate/discussions on key issues and agree what the Association’s line should be on these
- Appropriately manage contentious and potentially political issues
- Provide informed comment on relevant fields to the media within acceptable timescales
- Develop a wider circle of keen HFMA representatives who hold a specific interest in health ‘current affairs’