How DICO Is Governed

Board Position Overviews

Chair

The Chair of the Board of Directors is responsible for oversight of the overall strategic direction and performance of DICO within its mandate as defined by the Credit Unions and Caisses Populaires Act . The Chair provides leadership to the Board of Directors in carrying out its fiduciary duties to ensure the Board operates as a cohesive unit. The Chair is the principal link between the Board, which provides strategic planning and policy oversight, and the CEO who is responsible for the planning and execution of DICO's strategies and policies. The Chair has joint accountability to the Board as a whole, as well as to the Minister responsible for DICO, for the performance of DICO.

Vice-Chair

To act as the Chair either in the absence of the Chair or as requested by the Chair. Carries out additional leadership duties relating to the functioning, responsibilities and governance of the Board.

Board member

To provide independent and objective oversight of the overall strategic direction and performance of DICO within its mandate as defined by the Credit Unions and Caisses Populaires Act. As members of an inter-dependant, multi-disciplinary team, Board members are responsible for providing oversight in setting the goals, objectives, and strategic directions for DICO within its mandate as defined by the Credit Unions and Caisses Populaires Act. Collectively, members of the Board oversee the direction and performance of DICO and are accountable to the Board as a whole and to the Minister of Finance.