The Regional FGC was established to ensure good governance practices are observed in conducting activities in the region. The FGC serves as an advisory body to the Governing Council and is expected to proactively provide advice and recommendations on any governance related issues.
Members to the FGC are appointed by the Governing Council, and can be removed by the council at its own discretion. The current members are Swaziland (Chair), South Sudan (Vice Chair), Madagascar (Member) and Zambia (Member).
The key functions of the FGC are:
- To examine the audit report and make recommendations to the Governing Council accordingly.
- Budget review and monitoring.
- To examine governance related matters referred to it by the Governing Council and the Regional Vice-Chair and make recommendations accordingly.
- To pro-actively raise any governance issues requiring urgent attention to the Vice Chair for appropriate action.
Means of Operation
The FGC elects a Chair and a Vice Chair amongst members of the Committee at their first sitting. The quorum for the conduct of business of the FGC is three members. The FGC meets at least twice a year.
The 11th FGC meeting is slated for 12th to 13th October 2016 in Madagascar. It will consider among others, the 2016/17 ESA ROCB unaudited financial statements.