Appointment to Aussie financial council

Jackie Callaway, who has close family connections to the Bay of Plenty, was appointed this month as a part-time member of Australia's Financial Reporting Council (FRC).

The FRC is responsible for overseeing the effectiveness of the financial reporting framework in Australia. Its key functions include the oversight of the accounting and auditing standards setting processes for the public and private sectors, providing strategic advice in relation to the quality of audits conducted by Australian auditors, and advising the minister on these and related matters to the extent that they affect the financial reporting framework.

Ms Callaway's family relocated to Tauranga from Hamilton, where she grew up and gained a bachelor of management studies with first class honours at the University of Waikato. She began her career at two of the big four accounting firms, KPMG and Ernst & Young, then went on to serve in the finance team at Fonterra for almost four years.

She joined ASX-listed Brambles as group financial controller in April 2014. Before this she was the chief financial officer of privately owned mining company Consolidated Minerals and, before that worked as group financial controller for UK-listed Nikanor Plc.

"I am delighted to be appointed to the FRC," she said. "I have always had a strong interest in financial reporting both nationally and internationally and look forward to contributing my commercial and industry experience."

Ms Callaway was appointed to the FRC as one of a group of four new part-time members and a new part-time chair. The FRC said the appointments continued the high level of skills and experience available to the organisation.