Board Committees
- What Does Your Board Do?
- Annual General Meeting
- Board Nominations, Election and AGM
- Director Recruitment and Nominations
- Seeking Qualified Candidates for our Board of Directors
- Director Elections 2020
- Annual General Meeting
- Board and Individual Director Assessments
- Board Committees
- Board Meetings
- Board Policies
- Board Roles and Responsibilities
- Credit Union Rules
- Director Recruitment and Nominations
- Director Remuneration
- Directors Election
- Executive Compensation
- Ordinary and Special Resolution
- Seeking Qualified Candidates
-
What Does Your Board Do?
-
Annual General Meeting
-
Board Nominations, Election and AGM
-
Director Recruitment and Nominations
-
Seeking Qualified Candidates for our Board of Directors
-
Director Elections 2020
-
Annual General Meeting
-
Board and Individual Director Assessments
-
Board Committees
-
Board Meetings
-
Board Policies
-
Board Roles and Responsibilities
-
Credit Union Rules
-
Director Recruitment and Nominations
-
Director Remuneration
-
Directors Election
-
Executive Compensation
-
Ordinary and Special Resolution
-
Seeking Qualified Candidates
The Board delegates specific tasks to five standing committees and one special purpose committee. Each committee can draw upon the resources of the CEO and other members of management as appropriate, and may engage outside advisors as required.
The Board determines the authority and responsibilities of each committee and approves the charters. Committees regularly schedule in-camera sessions, make recommendations to the Board and, with the exception of the Nominations Committee, report regularly to the Board.
Ensures the quality, integrity, reliability, accuracy and clarity of the financial reporting and ensures sound internal controls are in place, implemented and maintained. The committee is the liaison between internal audit and other internal resources, the external auditors and the Board of Directors.
Committee members for 2018-2019: Bob Armstrong, Chair; Valerie Lambert; Nancy McKenzie; Frank Leonard. Bill Cooke (Board Chair is a voting ex officio member of the Committee.)
Provides a focus on Board governance that enhances the credit union’s performance for the benefit of all stakeholders. It promotes and enhances Board governance, community and member relations, and director education, knowledge, skills, and abilities. The committee recommends to the Board an evaluation process for individual directors, the Board as a whole, committees, and the Board Chair and Committee Chairs.
The committee approves and monitors the Community Leadership Strategy for alignment to the Community Pillar of Coast Capital’s Corporate Strategy.
Committee members for 2018-2019: Chris Trumpy, Chair; Robin Chakrabarti and Valerie Lambert. Bill Cooke (Board Chair is a voting ex officio member of the Committee.)
Read the Governance & Community Engagement Committee Charter
Ensures human resources policies are in place, implemented, and maintained. The committee reviews and recommends policy and strategy with respect to employee salaries, benefits, and incentive compensation, and succession planning for senior management. It engages an outside advisor to assist in the determination and approval of executive compensation and directs the annual evaluation process for CEO performance. The Human Resources Committee also acts as the Conduct Review Committee under the Bank Act.
Committee members for 2018-2019: Christian Morrison, Chair; Bob Armstrong and Chris Trumpy. Bill Cooke (Board Chair is a voting ex officio member of the Committee).
Ensures policies and related internal controls are in place to manage risks to which the organization is exposed, including credit risk, investment and market risk, liquidity and funding risk, operational risk, insurance risk, regulatory and legal risk, and reputational risk.
Committee members for 2018-2019: Robin Chakrabarti, Chair; Frank Leonard, Nancy McKenzie. Bill Cooke (Board Chair) is a voting ex officio member of the Committee.
Under the Rules of the credit union, operates independently of the Board to ensure there is an appropriate number of recommended and qualified nominees for election to the Board of Directors – the minimum number being those vacancies to be filled. The committee also oversees, organizes, and administers the election of directors to the Board. The committee reports directly to the members.
Committee members for 2018-2019: Mary Jordan, Chair; Christian Morrison and Glenn Wong. Bill Cooke (Board Chair is a voting ex officio member of the Committee.)
The Digital Credit Union (“DCU”) and Temenos R17 Upgrade (“R17”) Committee (the “Committee”) is a committee of the Board of Directors with the purpose of providing governance oversight for the DCU and R17 projects.
Committee members for 2018-2019: Mary Jordan, Chair; Bob Armstrong, and Valerie Lambert. (CEO). Bill Cooke (Board Chair) is a voting ex officio member of the Committee.