Finance Committee

The Finance Committee oversees the progress of the Society’s finances on behalf of the Council of Trustees. Due diligence for financial monitoring includes the review of the annual budget, longer-term financial modelling and the Annual Report and Accounts.

Committees and Panels Executive Management Committee Audit Committee Awards Committee Grants Committee Conferences Committee Education, Training and Public Engagement Committee Nominations Panel Early Career Advisory Panel Equity, Diversity and Inclusion (EDI) Advisory Panel Policy Advisory Panel Industry Advisory Panel Publications Committee Portland Press Limited Board

Finance Committee Terms of Reference

Finance Committee

5 members

Committee Chair and Honorary Treasurer / Newcastle University

Professor Frank Sargent

Committee Chair and Honorary Treasurer

Newcastle University

Society Chair / University of Glasgow

Professor Sheila Graham

Society Chair

University of Glasgow

Chair, Portland Press Ltd. Board / University of Manchester

Professor Nigel Hooper

Chair, Portland Press Ltd. Board

University of Manchester

Independent Member / Finance Committee

Sukhraj Dhadwar

Independent Member

Finance Committee

Sukhraj joined the Institute of Physics in August 2021 as the Chief Financial Officer, with responsibility for governance, compliance, and finance.

He is a qualified accountant with more than 20 years of financial management experience in plc and high-growth SMEs in the commercial sector, including care home, healthcare, retail, leisure and media enterprises.

Sukhraj is currently an Independent Member of the Biochemical Society Finance Committee and also a trustee of PayPal Giving Fund, where he is Chair of the Audit Committee.

Independent Member / Finance Committee

Michael Kyriakides

Independent Member

Finance Committee

Michael is a chartered accountant with over 20 years’ experience in the charity and not-for-profit sector. Originally, he worked at the audit firm BDO, managing their clients in the charity sector. From 2003 onwards Michael left the audit profession to work for a wide range of charitable organisations as Finance Director which included science-based organisations such as The Geological Society, the Royal Astronomical Society and more recently the Association of Clinical Biochemistry.

The experience gained has meant Michael is very familiar with dealing with Membership, Publishing, Science Meetings and Conferences, Education, Investments, Pension Schemes, Grantmaking and Bursaries. Michael was also previously the Honorary Treasurer of the British Deaf Association, and is currently the Fire Brigade Union’s Director of Finance. He is also a Statistics graduate of Queen Mary University, London.

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