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Question and Answer Tracking Details

7400 - Treasurer - HEAD OF REGULATORY AFFAIRS

Mookhey, Daniel to the Minister for Finance and Small Business representing the Treasurer

(1) Has icare hired a new Head of Regulatory Affairs?

(a) If so:

(i) Who was the successful candidate?

(ii) What was the process used to identify this candidate?

(iii) Who does the head of Regulatory Affairs report to?

(iv) Who in iCare authorised the hiring decision?

(v) Who were the successful candidate’s references?

(vi) What is their fixed remuneration?

(2) Has icare’s board agreed KPIs with the icare Head of Regulatory Affairs?

(a) If so:

(i) Please list the KPIs

(ii) When will they be next assessed?

(3) Is the Head of Regulatory Affairs entitled to any bonus or incentive payment?

(a) If so, what is the maximum amount they can earn in a year?

Answer -

Mr James Camilleri has commenced at icare in a permanent capacity as Head of Regulatory Affairs. This role reports to the Group Executive, Risk and Governance. The role was advertised on Seek, LinkedIn, icare website careers page and internal platform – HUGO. Mr Camilleri applied for the role via a recruitment agency search firm, along with 21 other candidates. Of these, a total of five applicants were shortlisted by the recruitment agency search firm. All five of these shortlisted candidates were interviewed.

icare’s recruitment processes include numerous interviews, psychometric testing and other independent assessments of skills and experience including SHL and Hogan. Mr Camilleri was appointed to the role following this extensive merit-based process.

Given his recent commencement in the role, KPIs have yet to be agreed and set, however as Mr Camilleri’s role is not part of the Group Executive or Senior Leadership Group, his KPIs do not require Board approval. The role is eligible to receive a bonus subject to performance outcomes for the performance year and only if approved by the Board.


Question asked on 7 September 2021 (session 57-1) and published in Questions & Answers Paper No. 579
Answer received on 28 September 2021 and published in Questions & Answers Paper No. 594