30 March 2026
The Board met by Zoom on 30 March 2026, together with our Board observer, Ms Anna Lloyd, appointed by the Board in June 2026 to help manage psychological risk on the Board. The Board noted the Civility Statement and the risk controls that would be
applied in the meeting.
It welcomed Mr Adrian Lucchese, appointed by the CEO to provide interim Company Secretary services to the Board.
The Board approved 16 sets of outstanding minutes from 2025 and 2026. Importantly, and noting recent adverse media about the College accounts and projects, the Board unanimously resolved to approve both the RACP 2025 Statutory Financial Report and
the Aotearoa New Zealand branch Performance Report 31 December 2025.
The Board also resolved to accept the Management Reports including year-to-date January 2026 of a net surplus of $1.5m, a net asset position of $100.5m and resolved that the College has sufficient cash and other assets to pay its debts as and when
they fall due. The Board noted the Risk Management Report, the Internal Audit Status Report, presentation by Grant Thornton on 2026 Internal Audit Work, and Information Security Report.
The CEO advised he had received a response from the ACNC that noted that although “…communication with members about governance matters has been constrained by proceedings before the Fair Work Commission”, it noted advice that “those
proceedings have now been discontinued”. The Commissioner was of the view “that it is more appropriate for the College to engage directly with its members, allowing them to consider the removal of individuals from, or election to,
the College's Board based on their judgement of what is in the best interests of the College”
In response to SafeWork complaints, the College was issued with an Improvement Notice around Board governance (please refer to correspondence from the CEO to members and employees sent on Wednesday, 1 April 2026).
On the back of these notices, the Board accepted the Notice of Meeting for the AGM on 29 May and discussed holding a concurrent meeting to discuss and resolve constitutional changes in alignment with the SafeWork notice. It asked the CEO to work with
his team to bring potential governance resolutions to the Board to prepare for this meeting.
The Board approved the CEO performance review. It also approved several committee workplans and appointments including the appointments of two new external members of the Finance and Risk Management Committee. It approved the report on the bullying,
discrimination, sexual harassment (BDSH) action plan and the next steps to incorporate ongoing actions within the identified business units and monitoring activities.
In response to ongoing member dissatisfaction regarding unauthorised use of College data, the Board requested advice on how to manage this and a number of Code of Conduct complaints. The Board is cognisant of the Election Code of Conduct and Media
and Communications Policy as well as privacy and spam legislation. A few candidates have requested access to the member register under the provisions of Corporations Act under which the Board is compelled to act.
A Director was removed from the Board meeting after four warnings due to breach of the civility statement, Board Charter, Code of Conduct and ongoing hostility.
The next scheduled Board meeting will be held on 2 May 2026.