Committees

Committees

Governance Committee

David Losier, Vice-Chair of the Board
Committee members:
David Losier, Chair, CPA, CGA, ICD.D
Glen Dyrda, FCPA, FCA, ICD.D
Cheryl Fraser, BSC, MES, ICD.D
Cary Ransome, MBA, PFP, ICD.D
Shelley Williams, CPA, CA, ICD.D

The Governance and Nominating Committee develops the bank’s corporate governance principles. Its responsibilities include ensuring appropriate structure and composition of the board and the committees of the board; reviewing the competencies and skills of the board, its committees and potential candidates for membership on the board; and the nominations and elections process.
Governance Committee Terms of Reference

Audit and Conduct Review Committee

Glen Dyrda, Chair, FCPA, FCA, ICD.D
Committee members:
Anne Gillespie, CPA, CA, ICD.D
Carol Poulsen, ICD.D
Tim Smart, CPA, CA, ICD.D, MBA

The Audit and Conduct Review Committee manages the external audit relationship, supervises the quality and integrity of the bank’s financial reporting and controls, oversees the effectiveness of the internal audit function, and oversees standards of business conduct and ethics for directors, senior management and employees.
Audit and Conduct Review Committee Terms of Reference

Human Resources and Compensation Committee

Shelley Williams, Chair, CPA, CA, ICD.D
Committee members:
Cheryl Fraser, BSC, MES, ICD.D
Anne Gillespie, CPA, CA, ICD.D
Michael Leonard, ICD.D
Cary Ransome, MBA, PFP, ICD.D

The Human Resources and Compensation Committee oversees the design and operation of the bank’s compensation programs to ensure alignment with strategy, risk appetite, and regulatory requirements. This encompasses all matters relating to the proper utilization of human resources within the bank, with a special focus on CEO, executive, and senior management succession, development, performance and compensation.
Human Resources and Compensation Committee Terms of Reference

Risk Committee

Tim Smart, Chair, CPA, CA, ICD.D, MBA
Committee members:
Teresa Lee, LL.B, TEP, MTI
Michael Leonard, ICD.D
David Losier, CPA, CGA, ICD.D
Carol Poulsen, ICD.D

The Risk Committee assists the Board in overseeing enterprise risk management. This encompasses establishing risk management frameworks and corporate policies, monitoring the bank’s risk profile and exposures, overseeing controls and systems used to identify and mitigate risks, and ensuring adherence to risk appetite and policy.
Risk Committee Terms of Reference

Committee composition chart

  Risk Audit and conduct review Governance Human resources and compensation
Anne Gillespie,
CPA, CA, ICD.D		   x   x
Carol Poulsen,
ICD.D		 x x    
Cary Ransome,
BSC, MES, ICD.D		     x x
Cheryl Fraser,
BSC, MES, ICD.D		     x  
David Losier,
CPA, CGA, ICD.D		 x   Chair  
Glen Dyrda,
FCPA, FCA, ICD.D		   Chair x  
Lise de Moissac,
B. Mgmt., CPA, CA		        
Michael Leonard,
ICD.D		 x     x
Shelley Williams,
CPA, CA, ICD.D		     x Chair
Teresa Lee,
LL.B, TEP, MTI		 x      
Tim Smart,
CPA, CA, MBA		 Chair x