A meeting of the Audit Committee was held by teleconference on November 8. The annual audited financial statements for 2009-2010 were approved. Draft minutes have been circulated and the audited statements have been uploaded to COL’s website. The Commonwealth Secretary-General has appointed Mr. Martin Bean, ViceChancellor, The Open University (UK) to COL’s Board, to fill the vacant place designated as “Appointment by the Commonwealth Secretary-General”. A national of Australia and the USA, Mr .Bean was previously General Manager of Microsoft’s Worldwide Education Products Group at Redmond, Washington, USA. The United Kingdom has named Ms. Jo Bourne, Head of Profession in Education, Department for International Development (DFID), as its representative.