Mr Phil Braidwood MLC, the longest serving Member of the Treasury having joined in 2006, will continue to have political responsibility for the Capital Projects Unit, Investment Management, Commemorative and Circulating Coin Design Approval; for oversight of the Financial Supervision Commission, Insurance and Pensions Authority and the Gambling Supervision Commission; and for Insolvency and Company Law Reform.
Mr Alex Downie MLC, who joined the Treasury from the Department of Economic Development in 2013, has responsibility for Procurement, the Accounting Audit and Value for Money Committee; and for Internal Audit, General Registry and Rating.
Mr Bill Henderson MHK, a returning Member to the Department, will take delegated responsibility for the new Division of Treasury, Social Security.
In announcing his delegations, Mr Teare commented:
‘With the increased responsibilities placed upon Treasury following the reorganisation of Government, I am pleased that my colleagues have agreed to accept these delegations. I am fortunate to have an experienced and dedicated team who bring a wide variety of ideas and a strong commitment to their roles. As a team I am sure that we can, and will, achieve much for the benefit of our community.'
