Anglican Funds South Australia has adopted the AFSA Boards Policy and Governance Statement which sets down the procedures, rules, and Ordinance legislation that determines how the Board conducts itself in achieving the objectives of AFSA.
In setting out the roles and responsibilities of the Board, the Board has also established its independence from the Executive, and also has a process for Board renewal and the conduct of regular reviews of Board Members.
In addition to the above, the Board has established two sub-committees of the Board – the Assets and Liabilities Committee, and the Investment Committee. Both committees have adopted relevant charters. The Board also works with the Diocesan Risk and Audit Committee in order to ensure financial integrity and that business risks are appropriately recognised and treated.