About us
Treasury Board
Purpose
To lead a Treasury that delivers its objectives and targets now and in the future.
Objectives
Shape the vision, strategy and priorities that deliver Treasury Ministers' objectives and communicate this to staff and other stakeholders;
- Monitor and improve Treasury performance and ensure risks and opportunities are identified and well-managed in the short, medium and long term;
- Ensure effective allocation, development and management of Treasury staff and financial resources including succession planning;
- Protect and enhance Treasury's reputation as a world-class finance ministry.
The Treasury Board takes decisions on strategic operational matters that affect the whole of Treasury Group. The Board's Committees have Group compositions to take decisions on relevant Group issues. DMO and APA have their own Boards, supported by Committee structures, and take day-to-day decisions for operational matters in their organisations, consistently with the framework and remits agreed with Treasury Ministers and any Group-wide strategic decisions of the Treasury Board.
Membership
Executive Members: Permanent Secretary, Second Permanent Secretary, Directors General, and the Directors of Finance, Strategy and Corporate Services.
Non-Executive Members: Baroness Sarah Hogg, Dame Deirdre Hutton, Sir Callum McCarthy and Michael O'Higgins.
- Summary of board meetings 2011-12
- Summary of board meetings 2010-11
- Summary of board meetings 2009-10
- Summary of board meetings 2008-09
- Summary of board meetings 2007-08
- Summary of board meetings 2006-07
Audit Committees
The Treasury Board is supported by two audit committees: the Group Resource Audit Committee and the Exchequer Funds Audit Committee.
Group Resource Audit Committee: The Group Resource Audit Committee supports the Permanent Secretary and Treasury Additional accounting Officers in their responsibilities on the Treasury Group's processes for risk, control and governance, related to the Group's Resource Account.
Exchequer Funds Audit Committee: The Exchequer Funds Audit Committee supports the Permanent Secretary and the Treasury Additional Accounting Officers in their responsibilities in all matters relating to the Debt Management Account, Public Works Loan Board, Commissioners for the Reduction of the National Debt, Exchange Equalisation Fund and Contingencies Fund.
The terms of reference above are available in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website. For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.
