Appointments to the Charities Advisory Committee
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Communities Minister Gordon Lyons has appointed Terence Hann, Rebecca Hutchinson and Ben Murray as Members of the Charities Advisory Committee with effect from 1 May 2024 to 30 April 2028.
The Minister has also reappointed Mr David Murphy as the Committee Chair from 1 April 2024 to 31 March 2028. Mr Murphy has been in this position since 1 April 2019, and previously served as a Committee Member from 2016.
The Committee plays a vital role in assisting the Department in its role as Trustee of the Northern Ireland Central Investment Fund for Charities (the Fund). The Fund impacts on a wide range of charities, allowing them to invest funds with the benefit of expert supervision. It is currently valued at over £53 million.
Notes to editors:
- These positions attract no remuneration, however there is a provision for out-of-pocket expenses.
- These appointments have been made in accordance with the Commissioner for Public Appointments for Northern Ireland’s (CPA NI) Code of Practice. All appointments are made on merit and political activity plays no part in the selection process. However, CPA NI requires the political activity of appointees to be published. Any relevant details are provided in the below biographies.
- Biographical details:
- Mr David Murphy is the Chief Executive, and Accounting Officer, of NILGOSC, and has experience of setting investment objectives, appointing fund managers and supervising investment portfolios. He has held a number of non-executive roles in bodies such as the Northern Bank Pension Scheme and the UK General Dental Council. Previously he was also the Investment Advisor member of the Court Funds Office Judicial Liaison Group. In all roles he has experience of working with board members in order to get agreement on particular outcomes. He holds no other public appointments and has not undertaken any political activity in the past five years.
- Mr Terence Hann is currently working as a Portfolio Manager for Davy Private Clients UK. It is a front office role, within the investment function of the firm that is currently managing assets of over £1.3bn. His main responsibilities include performing daily risk and performance analytics on discretionary accounts and constructing bespoke portfolios for investors with unique investment constraints, skills of which he brings to the Committee. He holds no other public appointments and has not undertaken any political activity in the past five years.
- Miss Rebecca Hutchinson is a chartered accountant, having completed her ACA qualification with London-based firm, Saffery LLP. Here, she specialised in charities-specific audit and accounts preparation. She later worked as Director of Fund Finance at an investment manager based in Covent Garden. She was responsible for all internal and external financial reporting for two listed investment companies and a debt vehicle and, consequently, the regulatory compliance of over £300m of shareholder assets. She therefore has experience of board-level reporting, portfolio valuation and KPIs, asset allocation, dividend policy and UK listing rules. Miss Hutchinson currently works as Head of Finance in a construction company, which operates across the UK and Ireland. She holds no other public appointments and has not undertaken any political activity in the past five years.
- Mr Ben Murray is employed as an Investment Manager for Quilter Cheviot Investment Management. His role involves the management of investment portfolios for private and charity clients and brings experience of main investment asset classes such as equities (both directly held and collective funds), bonds and property to the Committee. He has experience working alongside a wide range of clients and professional intermediaries. He holds no other public appointments and has not undertaken any political activity in the past five years.
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