Board of Directors and its Committees
A CLEARLY-DEFINED ROLE
The Board of Directors and its Committees see to it that the Caisse is managed in accordance with the provisions of the Act creating the institution and its regulations.
The Board, which can have up to 15 members, sets the Caisse’s major orientations. It also ensures that the Caisse operates in accordance with its legal requirements and that it adopts the measures required to fulfill its mission. Four committees assist the Board in carrying out its activities, three of which consist of independent members only.
RULES GOVERNING THE COMPOSITION OF THE BOARD
The position of Chairman of the Board of Directors is separate from that of the President and Chief Executive Officer.
The Chairman of the Board exercises his duties on a part-time basis under a mandate that cannot exceed five years and is renewable.
The President and Chief Executive Office is the most senior officer of the Caisse. As such, he is responsible for the administration and management of the organization in accordance with its regulations and policies and also acts as spokesperson.
The Québec government appoints new directors, after consultation with the Board of Directors. The Board establishes the directors’ profile in terms of the expertise and experience required. The profile helps the government to make appropriate choices.
Two thirds of the members of the Board of Directors, including the Chairman, must be independent. In other words, they must not have any relationships or interests that could negatively affect their decisions concerning the Caisse.
Only independant directors can be a member of the Audit, Human Resources and Governance and Ethics Committees.
The Audit Committee must have members with expertise in accounting or finance.
The members of the Board of Directors fulfill their mandate in accordance with the Directors’ Code of Ethics and Professional Conduct.
Four Committees at the Heart of Decision-Making
The Board of Directors' Committees are at the heart of the Caisse’s decision-making process and they support the Board continuously.
The four Board Committees are:
MEMBERS OF THE BOARD OF DIRECTORS
The Caisse’s Board of Directors currently consists of 14 members. It is made up of the Chairman, the President and Chief Executive Officer of the Caisse, depositor representatives as well as leaders in the fields of education, business, cooperatives and unions.
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Additional Information
Directors' Code of Ethics and Professional Conduct (PDF) 