Audit, Governance and Risk Management Committee
AGR Committee - University Council
Audit, Governance and Risk Management (AGR) Committee
Mandate
The Audit, Governance and Risk Management Committee is established by the University Council to oversee and provide guidance on the university's internal control systems, risk management frameworks, and governance compliance. The committee ensures that the university adheres to sound corporate governance principles, maintains effective internal controls, and manages risks appropriately to achieve its strategic objectives.
Key Responsibilities:
- Review and recommend for approval the university's risk management framework and policies
- Oversee the implementation of internal audit recommendations and action plans
- Monitor compliance with relevant laws, regulations, and university policies
- Review the effectiveness of internal control systems
- Liaise with external auditors and ensure the integrity of financial reporting
- Assess governance structures and recommend improvements
- Review the university's risk appetite and tolerance levels
- Monitor emerging risks and recommend mitigation strategies
Council Members
Committee Chair
Independent Council Member with extensive experience in corporate governance and risk management. Over 40 years of professional experience including 25+ years as Managing Director.
View Full ProfileCommittee Members
Independent Council Member, Chair of Sealing, Resource Mobilization and Academic Affairs Committee. Financial/Economic Advisor with expertise in partnerships and policy development.
View ProfileIndependent Council Member. Research Scientist with MSc in Mycology and BSc in Microbiology, currently pursuing PhD in Plant Pathology. Also holds Bachelor of Laws (LLB).
View ProfileOther Council Members Involved
The following council members also participate in committee activities and deliberations:
Core Functions
Internal Audit Oversight
Review internal audit plans, reports, and monitor implementation of audit recommendations
Governance Review
Assess compliance with corporate governance principles and recommend improvements
Risk Management
Identify, assess, and monitor institutional risks and mitigation strategies
Regulatory Compliance
Ensure adherence to all applicable laws, regulations, and university policies
Financial Controls
Review effectiveness of internal financial controls and reporting systems
External Audit Liaison
Coordinate with external auditors and review audit findings
Meetings
Meeting Frequency
The committee meets at least four (4) times per year, with additional special meetings convened as necessary to address urgent matters.
Reporting
The committee reports to the University Council after each meeting and provides an annual report summarizing its activities and recommendations.
Committee Contact
For inquiries related to audit, governance, or risk management matters, please contact the committee through the University Council Secretariat: