The SAFA Advisory Board was established in June 1995 to advise the Treasurer and the Under Treasurer on issues pertaining to SAFA’s operations.  The Advisory Board has two functions under SAFA’s Act:

  • at the request of the Treasurer or the Under Treasurer (in his capacity as the Authority), to provide advice to the Treasurer or the Under Treasurer (in his capacity as the Authority) on any question relating to the exercise by the Authority of its powers, functions or duties under this Act; and
  • if, in the opinion of the Advisory Board, it should provide advice to the Treasurer or the Under Treasurer (in his capacity as the Authority) on any matter relating to the exercise by the Authority of its powers, functions or duties under this Act - to provide that advice even though a request has not been made by the Treasurer or the Under Treasurer (in his capacity as the Authority).

Hierarchy and relationship of the SAFA Advisory Board, SAFA Risk and Performance Committee, SAFA Internal Audit, the SAFA General Manager, the Under Treasurer and the Treasurer.

Advisory Board Membership

SAFA’s Act specifies that the Advisory Board must consist of not less than five and not more than seven members, one of which must be employed by a South Australian semi-government authority and one of which must have insurance expertise.

Members

Member full name:Member professional title:

Mr David Reynolds

Under Treasurer, Presiding Member

Ms Juliet Brown

Company Director

Mr Mark Day

Company Director

Ms Mel Grantham

Head of Group Operational Risk, Bendigo and Adelaide Bank Limited

Ms Kathryn Presser

Company Director

Mr David Russell

Chief Executive, RAA Insurance

SAFA Risk and Performance Committee

The Risk and Performance Committee provides independent advice to the Under Treasurer on SAFA’s financial and performance reporting responsibilities, risk management, and internal control systems.  The committee consists of four members.