Governance
JMI operates under a robust governance framework that includes a dedicated, independent Board of Directors and an underpinning Constitution. In addition, there are formal agreements in place with each of our government and university partners. The Constitution delineates the roles and responsibilities of the Board of Directors, ensuring transparency, accountability, and adherence to the highest ethical standards.
Board
JMI is governed by an independent Board of directors, which is responsible for providing oversight and strategic guidance to ensure the effective operation and fulfilment of JMI’s mission. The Board is composed of distinguished individuals from various fields, including government, universities, the not-for-profit sector and industry who bring their expertise and experience to steer JMI’s activities.
Board
Professor Peter Shergold AC
Chair | Independent
Professor the Hon. Verity Firth AM
Deputy Chair | University-Appointed
Professor Emma Johnston AO
University-Appointed
Joseph Rizk AM
Independent
Jillian Kilby
Independent (Government-Appointed)
Peter Duncan AM
Independent (Government-Appointed)
Amy Persson
University-Appointed
Governance Framework
Our governance structures and agreements ensure clear processes, integrity, accountability, and the pursuit of excellence in research, analysis and policy engagement.
Partnerships
JMI has developed a unique partnership with the NSW Government and a group of Australian universities:
- JMI has signed a Memorandum of Understanding with the NSW Government, which sets out the nature of this unique collaborative partnership. It outlines shared goals, cooperation, and partnership principles.
- Complementing our existing governance structures, JMI formed a Policy Advisory Committee that serves as a platform for dialogue and exchange between JMI and key government stakeholders.
- JMI has a Partnership Agreement in place with each of its university partners. These partnerships enable JMI to leverage the expertise and resources of its university partners, fostering a vibrant environment for collaboration and knowledge exchange at various levels.
- The University Partners Advisory Panel is a sub-committee of the Board, designed to maximise the contribution of university partners to the work and shared mission of JMI.
- Each of our universities provide JMI with a ‘key contact’ with dedicated time to supporting engagement with the Institute. Our University Key Contacts play a crucial role in helping JMI to identify and access research expertise, professional advice and facilities in support of our mission.
Finance, Audit and Risk
The Finance, Audit & Risk Committee (FA&R) supports JMI’s financial, audit and risk mechanisms, process, and methods. On behalf of the JMI Board, the FA&R oversees critical reporting systems and checks. This includes:
- Reviewing financial reporting to the Board, in line with financial reporting requirements.
- Reviewing internal governance and external audit processes, including its financial delegations and insurance policies.
- Reviewing the Institute’s register of risks.
- Ensuring any and all legal and regulatory requirements are met (including those related to charitable status or research activity).
The Committee is chaired by a Board director, and includes:
- One additional member-appointed Director/ equivalent representative, and
- An external, independent appointee with considerable finance, audit and/or risk expertise.
