Apologies were received from Jeremy Mayhew.
The Chair began the meeting by stating that the merger of the Finance and Risk Committees was considered to be a sensible move due to the concurrent and often overlapping themes that where being considered separately. It was hoped that the merger would bring a more streamlined approach for both Members and Officers. It was agreed that the Board Chairman would chair this Committee as opposed to the Deputy Chairman who previously chaired the Risk Committee. Audit and Risk colleagues were content with this arrangement; however, the Chair advised this would be reviewed if challenged in the future.