Audit Committee
Audits the balance sheet, profit and loss account and financial report.
Mission
The Audit Committee assists the King Baudouin Foundation’s Board of Governors in controlling the balance sheet, the profit and loss account and the financial report. The Committee provides information to third parties and participates in the internal supervision of the financial reports. It also oversees the efficacy of the Foundation’s internal systems of control and risk management.
Composition
The Audit Committee includes at least three members of the Board of Governors, who are appointed for a mandate of four years.
Chair
Ralph Heck
Former CEO and current member of the Curatorium of the Bertelsmann Stiftung
Member
Lieze Cloots
Head of Environment - Cabinet of the Federal Minister for Climate, Environment, Sustainable Development and Green Deal
Yves Warnant
Entrepreneur in the renewable energy and technology sectors, CEO, and founder of Arvest Group