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The Finance Committee is responsible for overseeing AFAM’s financial health and sustainability.

Key Responsibilities

  • Work closely with the Treasurer to ensure sound financial management of AFAM assets.
  • Manage AFAM finances according to good financial practices and in accordance with the requirements specified for a non-profit organization.
  • Ensure all financial records are accurate and complete.
  • Review biennially financial statements prepared by the Treasurer.
  • Safeguard the financial assets of AFAM by ensuring proper internal controls are in place.
  • Review any financial transactions over $5,000 and submit the request to the Executive Board for final approval.
  • Identify possible funding sources to support the mission and activities of AFAM.
  • Coordinate with the President in approaching possible funding sources.
  • Prepare an annual report of the financial health of AFAM for the Executive Board.

Committee Members

Chair

Judy Muthuri

The University of the West Indies, Mona, Jamaica

Member

Sam Aryee

University of Surrey, UK

Member

Moses Acquaah

University of North Carolina at Greensboro, USA

Member

Franklin Nakpodia

Durham University Business School, Durham University, UK