Audit and Risk Committee

Audit and Risk Committee Meetings

The Audit and Risk Committee meets five times per year and consists of two Councillors and three independent community members. The purpose of the Audit and Risk Committee is to assist Council in the discharge of its responsibilities for financial and performance reporting, maintaining a reliable system of internal controls and fostering the organisation’s ethical development. The recommendations are forwarded to the next available Council meeting. Audit and Risk Committee meetings are confidential and not open to the public.

Audit and Risk Committee Members

  • Ms Lisa Tripodi

Lisa is the Chair of the Audit and Risk Committee and was appointed as an independent member in November 2017. Lisa is a highly experienced corporate governance and risk professional with a reputation for ethical leadership and stewardship in governance and responsible financial management.

Lisa's capability draws on more than 30 years' experience in the assurance industry, across local and state government, education, health, banking and private sectors. Lisa is a former Partner, Risk and Assurance and Director IT Project Services at NTT, with extensive experience in the provision of internal audit, risk management, governance, probity, compliance, financial management, strategic, digital and business transformation and IT services. Lisa is also a Certified Practising Accountant. She holds numerous appointments as an independent Chair and Member of Audit and Risk Committees for local and state government. She is a Non-Executive Director on the Board of Greyhound Racing Victoria.

  • Mr David Fraser

David is a Chartered Accountant and Certified Internal Auditor with over 40 years’ commercial and government experience including as an Audit Delivery Partner at Oakton and Audit Manager at Ernst & Young. Currently, he is the Director of Bayland Finance, a Mornington based company and has been providing ESG auditing and reporting consulting services to a range of Government agencies and Corporations.

David has provided financial analysis, internal audit, probity and risk management consulting services to a range of Local Government entities and consulted to other government clients, including Australian Tax Office, Victoria Auditor General’s Office and Tasmanian Auditor Generals’ Office, Victoria Police, Department of Justice and Regulation, Department of Education, Port of Melbourne Corporation and Victorian Planning Authority; and to the private sector in the finance, building, motor vehicle and energy industries.

  • Mr Jonathan Kyvelidis 

Jonathan brings over twenty years of experience in external audit, business management, and financial services, currently serving as an independent member of eight Council Audit and Risk Management Committees.

Previously, Jonathan led the external audit of every Council in Victoria as the Director of Local Government within the Victorian Auditor-General Office’s (VAGO) financial audit division. This role gave him unique insights into the diverse challenges, risks, and operational complexities faced by metropolitan, regional, and peri-urban Councils across the state.

Audit and Risk Committee Charter