About us
NHFIC Board
Government Announcement
The Government has appointed Mr Adrian Harrington as the part‑time Chair and Member of the Board of the National Housing Finance and Investment Corporation (NHFIC), and Mr Kelvin Ryan and Ms Jane Hewitt as part‑time Members of the NHFIC Board. Mr Harrington and Mr Ryan have been appointed for a five‑year period commencing from 19 July 2021. Ms Hewitt has been appointed for a three‑year period from 26 July 2021.
Read the full media release.
Our Board
NHFIC is governed by an independent Board responsible for determining strategy, defining risk appetite, making financing decisions and monitoring performance.
The Board comprises seven independent non-executive members:
|
Member |
Term |
Start Date |
End Date |
|
Adrian Harrington (Chair) |
5 years |
19 July 2021 |
18 July 2026 |
|
Jane Hewitt |
3 years |
26 July 2021 |
25 July 2024 |
|
Teresa Dyson |
5 years |
26 July 2018 |
25 July 2023 |
|
Kelvin Ryan |
5 years |
19 July 2021 |
18 July 2026 |
|
Kylie Rampa |
5 years |
26 July 2018 |
25 July 2023 |
|
Tony De Domenico OAM |
5 years |
10 April 2019 |
9 April 2024 |
|
Phillip Barresi |
5 years |
10 April 2019 |
9 April 2024 |
Board Observer
In October 2020 Mr Robert Jeremenko was appointed by the Minister for Housing to be an observer of the NHFIC Board under section 27(2) of the NHFIC Act. Mr Jeremenko is a Commonwealth officer and as an observer he may attend NHFIC Board meetings and report to the Minister on any matter relating to the operations of NHFIC or the Board. Mr Jeremenko’s initial six-month appointment was extended for a further six-month period commencing 8 April 2021.
Board responsibilities
Providing input to and approving NHFIC’s strategic direction, objectives, goals and budgets as developed by management in a manner which is at all times consistent with NHFIC’s functions under the NHFIC Act and the Investment Mandate
Directing, monitoring and assessing NHFIC’s performance against strategic and business plans, approving and monitoring expenditure and reviewing and approving the major policies of NHFIC
Identifying the principal business risks, ensuring NHFIC has in place an appropriate risk management framework and establishing the acceptable levels of risk within which the Board expects the management of NHFIC to operate
Reviewing and approving the systems of internal compliance and control, audit, risk management and legal compliance, to determine the integrity and effectiveness of those systems
Approving and monitoring material internal and external financial and other reporting and monitoring the operational and financial position and performance of NHFIC ensuring that the capital and reserves of NHFIC are sufficient to meet the likely liabilities of NHFIC and to make adequate provision for default in the repayment of principal, or in the payment of interest or other charges, in connection with loans made by NHFIC
Ensuring ethical behaviour and compliance with NHFIC’s own governing documents, including NHFIC’s code of conduct and corporate governance standards.
Adrian Harrington
Chair
Term of appointment:
19/07/2021 - 18/07/2026
Adrian has more than 25 years of experience in the funds management and real estate industries. Adrian is currently the Head of Capital and Product Development at Charter Hall and the Chairman of the Australian Housing and Urban Research Institute (AHURI). Adrian was formerly Head of Funds Management at Folkestone and has held senior positions at Mirvac, James Fielding and Deutsche Asset Management.
Adrian holds a Bachelor of Science (Hons) from the University of New South Wales, a Graduate Diploma in Applied Finance and Investment from the Financial Services Institute of Australasia and is a Graduate of the Australian Institute of Company Directors. Adrian is a Fellow of the Financial Services Institute of Australasia.