Audit and Risk Committee leadership
Lead the Audit and Risk Committee in fulfilling its responsibilities under the Foundation’s governance framework and approved terms of reference, establishing a disciplined annual work programme focused on the most material financial, assurance, risk and compliance matters. The Committee Chair will foster independent, evidence-based challenge, maintain effective relationships with management, auditors, and assurance providers, and ensure that significant issues are clearly escalated to the full Board. The role will also maintain appropriate engagement with Audit and Risk Committee Chairs across MTN country foundations to support coordination and visibility across the wider Foundation ecosystem.
Financial integrity, audit and assurance
Oversee the integrity and quality of the Foundation’s financial reporting, including annual financial statements, management information, accounting judgements and the financial implications of multi-country operations and external funding. The Chair will oversee the independence and effectiveness of the external auditor and the development of an appropriate internal audit and assurance model, ensuring that audit findings, control weaknesses and agreed remedial actions receive appropriate scrutiny and follow-through.
Internal controls, risk and financial sustainability
Provide oversight of the Foundation’s internal control environment, including budgeting, expenditure, procurement, treasury, financial delegations, donor funds and shared arrangements involving MTN Group, country foundations and implementation partners. The Committee Chair will also lead Committee oversight of enterprise risk, helping to ensure that material financial, operational, regulatory, partnership, reputational, technology, and funding risks are identified, understood, and appropriately managed, with particular attention to multi-country activity, liquidity, donor dependency, and long-term financial sustainability.
Donor funding, partnerships and counterparty assurance
Oversee the control, assurance and due diligence arrangements associated with external funding, grants and significant partnerships. This includes ensuring that the Foundation is equipped to manage donor commitments, restrictions, expenditure and reporting obligations; assessing the financial and compliance implications of major funding arrangements; and maintaining appropriate scrutiny of prospective funders, partners, grantees, vendors and implementation organisations. The Chair will help ensure that funding and partnership decisions remain transparent, traceable and consistent with the Foundation’s governance standards and risk appetite.
Compliance, ethics and accountability
Oversee the effectiveness of the Foundation’s compliance and ethical framework, including anti-bribery and corruption, anti-money laundering, sanctions, fraud, conflicts of interest and politically exposed person risks. The Chair will ensure that significant compliance breaches, investigations and regulatory matters are appropriately addressed, while promoting effective whistleblowing arrangements and a culture of transparency, accountability and responsible conduct across the Foundation.
Board reporting and wider contribution
Provide clear and timely reporting to the full Board on material audit findings, financial issues, control deficiencies, compliance matters and changes in risk exposure, helping fellow directors understand both the assurance received and its limitations. As a Non-Executive Director, the Committee Chair will also contribute independently to the Foundation’s broader strategy, partnerships, funding, leadership, and institutional development, while maintaining an appropriate distinction between Board oversight and management responsibilities.