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Friday, 26 February 2016 09:36

Launch of Loreto Ministries Limited

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Loreto Ministries LimitedThe Leader of the Loreto Province of Australia & South-East Asia, Sister Margaret Mary Flynn ibvm, is pleased to announce the establishment of its new company, Loreto Ministries Limited.

Loreto Ministries Ltd. has been established to ensure sound governance and ongoing sustainability of the Province’s corporate ministries, by taking on the governance oversight of these entities in place of the Province Leader and Council.

“The ministries of the Province have grown and developed significantly since its foundation in 1875 with our excellent schools spread across Australia together with new developments in Timor-Leste and Vietnam,” said Sr. Margaret Mary.

At the same time, responsibilities and regulatory compliance requirements have become increasingly more complex and demanding. For these reasons, the Province decided it was time to establish a new company to hold governance responsibility for the combined works of the Province with a Board of Directors who embody the skills and experience to support the ongoing mission of Loreto in Australia and South-East Asia.

Loreto Ministries Ltd. is a Not-For-Profit public company limited by guarantee and a charity registered with the Australian Charities and Not-For-Profits Commission. It has a Board of Directors, who along with their loyalty to Loreto, has a broad range of experience and skills. Inaugural Board members are: Justice Peter Garling (Chair), Sr. Margaret Mary Flynn ibvm, Mr. Paul Henderson, Justice Ann Lyons, Mr. Frank Malloy, Ms. Kate Torney and Sr. Mary Wright ibvm.

Justice Garling stated: “While relieved of the responsibility of handling the day-to-day governance of the Province ministries, the Province Leader and Council will continue to exercise its canonical and civil responsibilities for them and hold reserve powers related to major decisions affecting the mission.”

It is hoped that the establishment of Loreto Ministries will provide a vehicle for increased involvement of people committed to the Loreto mission and to assist the Province Leader and Council with the high-level governance of Province ministries, now and into the future.

Media Contact: Communications Manager, Elouise Hahn

Elouise Hahn
Loreto Ministries Limited
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Office: (02) 8912 1308
Mobile: 0418 241 280