Agenda item

To elect a Chairman in accordance with Standing Order 29.

The Committee proceeded to elect a Chairman in accordance with Standing Order No. 29.

Deputy Henry Colthurst, as the only Member expressing their willingness to serve, was duly elected as Chairman for the ensuing year and took the Chair.

The Chairman thanked Members for their support. He also summarised briefly what he felt to be the priorities for the Finance Committee for the ensuing year

-     continue to improve and simplify financial reporting in order to assist decision making

-     oversee improved processes governing external contract management

-     focus increasingly on expense control across all areas

-     promote commercially driven solutions for market relocation and Barbican renewal

-     conclude the Charities review.

RESOLVED – That Deputy Henry Colthurst be elected Chairman of the Finance Committee for the ensuing year.