The Agency Audit and Risk Committee is a sub-committee of the Management Advisory Board and meets on a regular basis. It is made up of three non–executives from the Management Advisory Board.

Helen Mackenzie - Chair

Helen Mackenzie MCIPS IPFA has been a senior leader in the UK public procurement for nearly a decade. She has authored a number of publications about procurement and published many articles on line.

Helen is currently the Principal Advisor for Procurious, the international on-line community for procurement and supply chain where she leads on webinars, podcasts and the UK Chief Procurement Officer Roundtable programme. Helen’s teams have demonstrated award winning performance at Scottish and UK level. Helen has received international recognition for her pioneering work combining public procurement with community empowerment. Helen contributes to the development of procurement policy and thinking across the world. She chairs the Procurious Scottish CPO Roundtable.

She is an external trustee and audit committee chair of the University of Sheffield Students’ Union, one of the leading student union charities in the UK.

Clare Scott - Member


Clare has worked in the pensions industry for over 30 years. She is a Board member at the London Pensions Fund Authority and is also an independent adviser to a number of public sector pension funds.

A large part of her career was spent at Lothian Pension Fund, the local government pension fund in Edinburgh, and includes 5 years as its Chief Executive. Prior to that she worked as an investment consultant.

She lives in East Lothian, enjoys gardening and is involved in a number of local community organisations.

Ian Forbes - Member

Ian is a Chartered Accountant and has an MBA from the University of Edinburgh Business School. He has considerable financial services experience gained across investment management, life insurance and banking sectors.

Ian has worked in Internal Audit, Risk Management and held financial leadership roles across the UK, Europe, US and in India where developed the finance team for Standard Life's joint venture insurer.

Ian was the Head of Financial Management at Standard Life Bank and subsequently the Head of Finance for Standard Life's Group Operations division where he introduced Finance Business Partnering. Latterly, Ian was a Senior Manager in Lloyd's Banking Group's Insurance division where he developed risk and financial processes and reporting in anticipation of Solvency 2 legislation.

At Standard Life, Ian was a Board member of Standard Life Employee Services Limited (the staff and pensions entity).

Guidance, terms and policies for committee members are available in Corporate Governance Policies.

The Committee’s responsibilities are to provide advice on issues of risk and controls, finance, governance and assurance. The reports of the meetings are available below:

Annual Report

Meeting Minutes:




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