VFMC governance

VFMC’s governance framework gives us clear responsibilities for our role and clear accountabilities to our clients, our people and the public.

Our governance is guided by:

  • Legislation
  • Instrument of Delegation
  • Prudential Standard
  • Board and Committee Charters
Legislation

VFMC was established under the Victorian Funds Management Act 1994 (the Act). We are a public authority and body corporate governed by an independent Board of directors whose members are appointed by the Governor in Council. The Chair is appointed by the Treasurer.
 

how we’re legislated
Accountability

VFMC complies with the Prudential Standard; VFMC and the Centralised Investment Model, 1 Oct 2016, plus our own Code of Conduct Policy, which requires our employees to act in accordance with the Code of Conduct for Victorian Public Sector Employees. Our employees are accountable to each other, our clients and the people of Victoria.

our accountabilities
Disclosure

VFMC follows a strong disclosure regime under its governance framework. As a transparent public authority, we adhere to clear disclosure procedures and practices. This includes our use of consultancies, our reporting and providing information on request to the relevant minister.
 

more about disclosure

VFMC news

BNY Mellon Selected by VFMC to Support Data Transformation

Victorian Funds Management Corporation (VFMC) is delighted to announce they have selected BNY Mellon...

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Fiduciary Investors Symposium

VFMC CEO Lisa Gray participated in a panel discussion at the Fiduciary Investors Symposium...

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VFMC named in the top 25 most responsible asset allocators

The Responsible Asset Allocator Initiative (RAAI) at New America seeks to mobilise large pools...

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Victorian Funds Management Corporation Chief Executive Officer Announcement

VFMC announces the re-appointment of Ms Lisa Gray as Chief Executive Officer effective Friday,...

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