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Paris 2024 Board establishes Audit and Ethics Committees

Paris 2024 Board establishes Audit and Ethics Committees

Since its creation, Paris 2024 has sought to implement the highest standards of governance and ethics in order to support the smooth and secure management of the Paris 2024 Olympic and Paralympic Games’ preparations and delivery.

Following the establishment of a Remuneration Committee in January this year, today saw a new milestone as the Audit and Ethics Committees were put in place and their respective members appointed at the second Paris 2024 Board meeting, held today at Roland-Garros.

Tony Estanguet, as President of the Paris 2024 Board, convened the meeting of members who include Denis Masseglia, President of the French National Olympic and Sports Committee (CNOSF), Anne Hidalgo, Mayor of Paris, Laura Flessel, France’s Sports Minister, Vincent Roger, the Ile-de-France region’s Special Delegate for the Olympic and Paralympic Games, Emmanuelle Assmann, President of the French National Paralympic Committee, and Patrick Ollier, President of the Greater Paris metropolitan authority.

Audit Committee
The Paris 2024 Audit Committee comprises nine members, of which three will be nominated respectively by the CNOSF, the City of Paris and the national government. The Paris 2024 Board today appointed the other six members put forward by President Tony Estanguet. These voluntary representatives have been chosen based on their skills and significant experience in managing complex projects or major events.

    Amélie Oudéa-Castéra, President of the Audit Committee – a product of France’s Court of Auditors, Marketing and Digital Director of AXA Group until the end of 2017;
    Jacques Lambert – a product of France’s local government service, who was Prefect of Nievre and later Savoie during the Albertville 1992 Olympic and Paralympic Games, before becoming CEO of the 1998 FIFA World Cup in France, followed by management roles with Suez-Lyonnaise des Eaux and iSe Hospitality (2006 FIFA World Cup), a period as CEO of the French Football Federation and finally CEO of the 2016 UEFA European Championships in France;
    Patricia Langrand – Civil engineer, formerly Vice President of Sopra Steria, former Executive Committee member of Orange and of the National Digital Council;
    François Morinière – Currently President of the Groupe Labruyère management board (family-run holding company) and formerly CEO of l’Equipe (Amaury Group);
    Jérémie Pellet – Current Deputy CEO of the French Development Agency (AFD);
    Catherine Sueur – Financial auditor who has held management roles with the Paris Hospital Trust (AP-HP), Radio France, the “Le Monde” group and the Louvre museum.

The role of the Audit Committee is to support the Paris 2024 Committee in managing the Games project, particularly in the following areas:
• The sustainability of all commitments and spending;
• The implementation of obligations under the IOC Host City contract;
• Paris 2024 policy regarding financial, operational and legal risk management;
• The relevance, robustness and reliability of accounting methodology used in reporting of annual accounts and the financial information to which they give rise.

Ethics Committee

The Paris 2024 Board meeting also saw the unveiling of the Ethics Committee, which will meet for the first time on July 13th. This Committee is tasked with overseeing Paris 2024 ethical policy and ensuring the respect of all parties involved for the individual and collective values on which Paris 2024 is based. It will also play a key role in preventing conflicts of interest. The Committee comprises six independent figures, representing France’s highest legal authorities and the OECD:

    Nicola Bonucci – OECD Legal Director (nominated by the Secretary General of the OECD);
    Jean-Marc Sauvé – Honorary Vice President of the Conseil d’Etat, France’s supreme administrative court (nominated by the Vice President of the Conseil d’État) ;
    Alain Lacabarats – Presiding Judge (nominated by the First President of France’s Court of Cassation);
    Jean-Philippe Vachia – Presiding judge at the Court of Accounts (nominated by the First President of the Court of Accounts);
    Claudine Angeli-Troccaz – Deputy Human Rights Commissioner, Vice President of the College of Security Ethics (nominated by the Human Rights Commissioner);
    Gérald Begranger – Deputy Director of the French Anti-Corruption Agency (nominated by the Director of the French Anti-Corruption Agency).

In addition, a member of the French National Assembly, nominated by its President, and a senator, nominated by the President of the Senate, will attend committee meetings in an advisory capacity.
The Paris 2024 Board also today approved the appointment of two new members proposed as qualified figures by Tony Estanguet, President of Paris 2024:

    Alexandre Mars, Founder and President of the Epic Foundation, which fights against childhood inequality. It provides required funding for social organisations specialising in the fight against inequalities (education, health, protection of childhood) affecting young people worldwide.
    Alain Rochon, President of APF France Handicap, which has worked to support and protect the rights of people with disabilities and their families for more than 80 years.

Following the reintroduction of these two individuals, who each served on the Paris 2024 Board during the Bid phase, the Board will continue to reach out to new figures
from civil society with the aim of refreshing and enriching the Games project with new experience.