Page 49 - Aidlink Annual Report 2020

Directors’ Report
For the Financial Year Ended 31 December 2020 Continued
STRUCTURE, GOVERNANCE AND MANAGEMENT CONTINUED
Committees of the Board meet
at least once per year (For membership of the committees see page 38).
• Audit and Risk Committee (Chaired by Liam Byrne, Treasurer)
The Audit and Risk Committee assists the Board in discharging oversight responsibilities, monitoring risks to the organisation and overseeing the financial reporting
process in order to review the transparency, balance and integrity of Aidlink’s published financial information.
• Remuneration and Director Performance Review Committee (Chaired by Gemma Grimes)
The Remuneration and Director’s Performance Committee manages the remuneration and terms of employment of Aidlink staff. It also reviews Aidlink’s succession management and staff development plans.
• Governance and
Nominations Committee (Chaired by Brian Ingarfield) The Governance and Nominations Committee ensure that the Board and
its committees have the appropriate balance of skills, experience, independence, and knowledge of the company
to enable them to discharge their respective duties and responsibilities effectively.
• Programme Committee (Chaired by Eoghan Caffrey) The Programme Committee provides guidance and advice on programme strategy.
• Fundraising Committee (Chaired by Sean Crowe) The Fundraising committee provides direction and leadership on the fundraising strategy.
PAY POLICY FOR SENIOR STAFF
The Directors consider that the Board of Directors and the CEO, who is not a member of the Board, comprise the key management personnel of Aidlink in charge of directing and controlling, running, and operating the company on a day to day basis.
With the exception of the CEO, all Directors give of their time freely and no director received remuneration in the year.
While the Directors are entitled to reimbursement for vouched expenditure incurred in the performance of their duties, no such amount was claimed in 2020 or 2019.
The pay of the CEO is reviewed annually by the Director Performance Review Committee. The salary of the other staff members is reviewed by the CEO in conjunction with the Remuneration Committee.
Given the nature of the company, the Directors benchmark against pay levels in other non-profit organisations.
NETWORKS AND CONSORTIA
Aidlink is a member of Irish, Kenyan, Ugandan, and international development networks and consortia. Membership of such organisations is seen as a key vehicle for Aidlink’s macro level engagement and advocacy.
In Ireland, Aidlink is a member of Dóchas - the Irish Association of Non-Governmental Development Organisations, Charities Institute Ireland, the Wheel and is also
a founding member of www.developmenteducation.ie.
In Kenya and Uganda, Aidlink
is a member of Pelum (Participatory Ecological Land
Use Management).
INTERNAL CONTROLS
The Directors acknowledge
their overall responsibility for Aidlink’s systems of internal control and for reviewing its effectiveness. They have delegated responsibility for the implementation of this system to the CEO. This system includes financial controls, which enable the Board to meet its responsibilities for the integrity and accuracy of Aidlink’s accounting records.
The Board has established
a process of compliance which addresses the Board’s wider responsibility to maintain, review and report on all internal controls, including financial and operational. Key elements of internal control systems include:
47 | Aidlink Annual Report 2020