Sarah King has been appointed as the Council’s new Chief Financial Officer (CFO).
The position as CFO is an important position in the organisation, holding the financial reins of the Council and ensuring that resources are used wisely to secure positive results.
Achieving value for money and securing stewardship are key components of the CFO’s role in public service organisations and the Local Government Act 1972 Section 151 requires that every Council should “make arrangements for the proper administration of their financial affairs and shall secure that one of their officers has responsibility for the administration of those affairs.”
The law requires that the CFO is CCAB qualified and Sarah qualified as a CIPFA accountant with Eastleigh in 1997. Sarah took over this role from Nick Tustian when he became Chief Executive of the Council.
“I am delighted to be the Council’s Chief Financial Officer. These are financially challenging times but I am looking forward to helping resource and deliver the authority’s strategic objectives and ensure good financial management so that public money is safeguarded at all times and used efficiently and effectively.”