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
  •   Greg REISMAN, United Kingdom of Great Britain and Northern Ireland
  •   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
  • Greg Reisman was elected by the Assembly at its thirty-first session, in July 2026, for the reminder of the term of Lee-Anne YARR, who was elected by the Assembly at its thirtieth session, in July 2025, as a member of the Committee to fill the seat on the Committee left vacant by Christopher Hilton for the remainder of his term ending on 31 December 2027.

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

Click here to access it.

Financial statements