Staff Administration and Corporate Affairs Committee
Key milestones
- Review and stabilisation of the organisational structure.
- Recruitment of the Chief Investment Officer.
- Review and approval of the relevant Human Resource, Marketing and Corporate Affairs policies.
Challenges
- Time constraints, which hindered delivery of planned activities and affected overall execution.
- Stabilisation and alignment of the departmental structure.
- Alignment of the Board mandate and committee functionality.
Opportunity
Forty years of service provide a strong foundation on which to build a high-performing, diverse and future-ready workforce, positioning the Fund as an employer of choice and sustaining its ambition to be the first and best choice for our members.
Committee declaration
The Staff Administration and Corporate Affairs Committee of the Board complied with its mandate for the year under review and all scheduled meetings were held.
Enabled sound governance and disciplined oversight of people and corporate affairs.
Value preservation priorities for FY2026/27
The committee will continue to operate within its terms of reference and ensure that meetings address all regular matters reserved for its consideration. In addition, the following key activities are expected to receive the committee’s attention during FY2026/27:
Oversight of the implementation of Vision 2035 and of membership growth
Aligned people capability with long-term strategy
Enhancing stakeholder management
Strengthened reputation and stakeholder trust
Strengthening gender diversity at top and senior management level
Improved diversity, inclusion and quality of decision-making
Deliberate effort to develop women
Broadened the leadership pipeline and equity of opportunity
Monitoring and overseeing the structural changes
Stabilised the organisation and improved operational efficiency
Oversight of the talent management and retention strategy
Preserved institutional knowledge and critical capability
Oversight of the implementation of the succession plan
Ensured leadership continuity and organisational resilience
Maintaining elevated levels of employee engagement
Sustained productivity and quality of member service
Stakeholders
King IV™
Message to members and stakeholders
As we mark 40 years of dedicated service, we celebrate you, our members, for your loyalty and trust, which have been the foundation of our progress and achievements. Together, we have built a strong legacy. We encourage each member to embrace saving as a lifestyle, empowering personal financial security and securing the Fund’s strength for the benefit of future generations.
Overall contribution to sustainable wellbeing
The committee’s oversight of the organisational structure and staff establishment, executive recruitment and contract renewals, remuneration and performance appraisal, talent management and staff wellbeing, together with the Fund’s communication and stakeholder engagement, supported the development of a competent and well-motivated workforce and strengthened human resource and corporate affairs governance. Through these efforts, the committee helped protect the Fund’s reputation, embed equality and inclusion, and sustain the institutional capability required to deliver long-term value to members.
King IV™: IV3, IV14, IV16 · Stakeholders