Deloitte Ireland Firm Governance has been saved
Deloitte Ireland Firm Governance
- The Chairperson
- The Partnership Council
- The CEO
- The Executive Committee
- The Public Interest Oversight Committee (PIOC)
Deloitte Ireland LLP is an affiliate of Deloitte NSE LLP. Deloitte NSE is led by one NSE Executive and one NSE Board.
Deloitte Ireland has its own established governance structure comprised of four main elements:
- The Chief Executive Officer (CEO)
- The Executive Committee
- The Public Interest Oversight Committee
- The Partnership Council under the leadership of the Chairperson of the Firm
The CEO is a member of the NSE Executive Board, as well as the Chairperson, is a member of the NSE Board.
The Chairperson is elected by the partners for a four year term
after which he or she may be re-elected for a further term of four
years. The Chairperson shall not serve more than two terms and
the roles of Chairperson and CEO may not be concurrently held by
any one partner.
Our Chairperson on 31 May 2021 is Deirdre Power, who has
served in this office since 1 June 2019. The Chairperson presides
at meetings of the Firm and shall act impartially in the conduct of
the business of those meetings. The Chairperson has a second or
casting vote at such meetings where there is an equality of votes.
The Chairperson is a member of the Deloitte NSE Board.
The Partnership Council
The Partnership Council has a supervisory role on behalf of the
partners and is responsible for:
- ensuring equity and fairness between partners
- ensuring partner alignment with NSE principles
- conducting soundings to identify candidates for CEO, Chair and
membership of the Partnership Council
- ensuring fairness in implementation of NSE policies and
strategies by the CEO
- making recommendations to the firm on specific matters
reserved for partner approval as set out in the partnership
As at 31 May 2021 the Partnership Council consists of seven
members including the Chairperson and six elected partners.
The CEO is elected by the Partners for a four year term after which he or she may be re-elected for a further term of four years. The CEO shall not serve more than two terms.
The CEO as at 31 May 2021 is Harry Goddard, who has served in
this role since 1 June 2019. He is responsible to the partners and
the Partnership Council for management and operation of all
aspects of the business of the Firm within the policy and planning
framework determined by the partners. He also is a member of the
Deloitte NSE Executive.
The Executive Committee
The Executive Committee is responsible for, and has general authority over, and supervision of, the management of the Firm including the shaping and delivery of strategic plans for the Firm. The Executive Committee is responsible for the implementation of the partnership policies to achieve these plans.
The Executive Committee of the Firm consists of the CEO and
thirteen members appointed by the CEO. The members of the
Executive Committee as at 31 May 2021 were:
- Harry Goddard, CEO
- Michael Hartwell (Audit & Assurance)
- Cormac Hughes (Consulting)
- Martin Reilly (Financial Advisory)
- David Kinsella (Risk Advisory)
- Lorraine Griffin (Tax)
- Karen Frawley (Clients & Industries)
- Anya Cummins (Deloitte Private)
- David Dalton (Financial Services)
- Cathal Treacy (Regions)
- Kevin Sheehan (Finance)
- Brian Jackson (COO)
- Niamh Geraghty (People and Purpose)
- Glenn Gillard (Risk and Reputation)
The Public Interest Oversight Committee (the "Committee")
The Public Interest Oversight Committee was established in 2013 in accordance with the principles set out in the Irish Audit Firm Governance Code, published by the Chartered Accountants Regulatory Board (CARB) in June 2012. The Committee comprises three independent non-executive members (INEs), together with the CEO and the Head of Audit and Assurance. Appointments of INEs to the Committee are for a four-year term, with eligibility for reappointment for a second term. The Committee meets periodically during the year. The Committee shall appoint a Secretary each year, who shall be entitled to attend meetings of the Committee. The Head of Risk and Reputation currently acts as Secretary.
The current INEs are:-
Questions arising at any meeting of the Committee shall be decided
by a majority vote with only the INEs being entitled to vote.
The Committee serves, and seeks to safeguard, the public interest by enhancing stakeholder confidence in the public interest aspects of the Firm’s decision making, initiating and encouraging dialogue and feedback from relevant stakeholders relating to the Firm’s audit and assurance (including risk advisory) services, and advising the Deloitte Ireland Executive on the management of reputational risks relating to the Firm’s audit and assurance services.
In discharging its functions, the Committee shall have particular regard to the Audit Firm Governance Code. A report from the PIOC is included in the firm's annual Transparency Report.
The firm provides resources sufficient to enable each INE to perform their duties which include where considered appropriate, access to independent professional advice.