BOARD COMMITTEES
The Board of Directors has established four standing committees, which assist the Board in discharging its responsibilities:
- The Investment Committee oversees and considers the investment activities and operations, reviews investment- and risk-related reports from management, and then votes on specific investment-related matters. the Investment Committee comprises all of the members of the board, with virginia Holmes serving as Chair.
- The Audit Committee oversees financial reporting processes, development and implementation of internal audit and financial control policies, and compliance with said policies and applicable laws and regulations. It also reviews the correct implementation of whistleblower policy.
- The Governance Committee oversees the policies, processes and procedures that comprise corporate governance framework. this includes overseeing terms of reference for the board of Directors and each board committee, conducting board evaluations, and generally ensuring the principled, effective continuing operation of the board of Directors.
- The Human Resources and Compensation Committee oversees the human resources strategy, philosophy and policies of the Corporation and offers insights to ensure these are aligned with corporate objectives. the committee similarly reviews employee compensation practices, organizational structure and management development and succession, and provides oversight on labour relations strategy.