The Finance Committee

The Finance Committee was created under Part XI of the 1994 Agreement to oversee the financing and financial management of ISA. The Committee consists of 15 members elected by the Assembly for five years, taking into account equitable geographical distribution amongst regional groups and representation of special interests. The Committee plays a central role in the administration of ISA’s financial and budgetary arrangements.

Members are expected to have qualifications relevant to financial matters and are involved in making recommendations on financial rules, regulations and procedures of the organs of ISA, its programme of work, and the assessed contributions of its Member States.

The Finance Committee meets during the annual session of ISA and tables its report on a budget of ISA to the Assembly.

Members (2023-2027)

  •   Anastasia Francilia AKUBOR, Naoero
  •   Chaohong Xing, China
  •   Didier ORTOLLAND, France
  •   Jens BENNINGHOFEN, Germany
  •   Kenneth WONG, Canada
  •   Medard AINOMUHISHA, Uganda
  •   Pavel KAVINA, Czechia
  •   Sergey LITVINOV, Russian Federation
  •   Sheikh Mahmudul HASSAN, Bangladesh
  •   Shoko FUJIMOTO, Japan
  •   Solomon KORBIEH, Ghana
  •   Thiago Poggio PADUA, Brazil
  •   Viola WALTON, Jamaica
  •   Yedla UMASANKAR, India
  • Lee-Anne YARR from the United Kingdom resigned on 24 June 2026.

Equitable sharing of financial and other benefits from deep seabed mining webpage:

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Financial statements