A new independent Audit and Risk Committee has been established by Mayo GAA following a review process with Croke Park, with responsibility for overseeing the governance structures and financial compliance of Mayo GAA.
The committee will exist independently of both the executive and Croke Park but will be free to interact with both on matters of auditing and risk assessment within Mayo GAA. It will report directly to the County Committee, which comprises the executive and the club delegates.
Details of the new committee were announced at Monday night’s County Board meeting in MacHale Park, the first to be held in person since the start of the Covid-19 pandemic.
The committee will have license to advise or report to the GAA’s central Audit and Risk Committee in Croke Park if it deems that actions being taken by the County Board could potentially affect the wider reputation of the association.
The Audit and Risk Committee will be chaired by Padraig O Ceadaigh, a former senator, owner of Aer Arann, Harvard scholar and lawyer.
The committee will also include Morgan Deane, the CEO of Swiss bank Helvea SA and a member of Ballycastle GAA; Frank Walsh, chartered accountant and taxation consultant; and Bill Carty, the former Head of Finance for Abbott.
County Board chairman Liam Moffatt described the members of the committee as ‘outstanding individuals’ and noted that they have offered their services free of charge, with no expenses or remunerations of any sort.
“We’re talking about a world-class Audit and Risk Committee,” Moffatt told the meeting. “They will oversee what we’re doing.”