Board of Directors

The Board of Directors is responsible for ensuring that the Corporation is effectively managed so as to maximize customer value.

The Board does not manage the Corporation; rather it delegates this function to management and then supervises and evaluates management’s execution of Board-approved strategies and business plans.

The Fundserv Board is comprised of 14 directors; 10 shareholders representing manufacturers, distributors, and intermediaries, and 4 independent directors.

Executive Committee

The Executive Committee of the Board of Directors shall act for the Board in respect of issues that should be dealt with expeditiously between meetings of the Board of Directors, which would otherwise be dealt with by the Board of Directors.  In circumstances where a board committee is unable to fulfill its Statement of Purpose, the Executive Committee shall, at its discretion, assume the responsibilities of that committee until such time as the committee has been re-constituted by the Board.

  • MacMillan, Katherine (Chair)
  • Bennett, Doug
  • Murray, Cameron
  • Patterson, Lynne
  • Russell, Jim

Audit, Finance & Risk Committee

The Audit, Finance & Risk Committee of the Board of Directors shall act on behalf of, and be subject to the Board of Directors in all matters pertaining to the audit of the Corporation’s financial affairs, and to the systems, policies and practices of security, control and risk containment to meet the accountability requirements of the Board and to safeguard the assets of the Corporation.

  • Patterson, Lynne (Chair)
  • Chenier, Tracy
  • Jackson, Chris
  • Park, Young
  • Shewangzaw, Ghion

Human Resources & Corporate Governance Committee

The Human Resources & Corporate Governance Committee of the Board shall be responsible to review and make recommendations to the Board of Directors for:

  1. Human resource related matters
    • appointment of corporate officers;
    • succession planning;
    • annual compensation and benefits; and
    • other significant human resource or organizational policies generally impacting employees of the Corporation; and
  2. Corporate governance related matters
    • the Corporation’s corporate governance policy including structure, organization and compensation of directors and Board committee members; and
    • appropriate systems and procedures to enable the Board to exercise and discharge its responsibility.
  • Warren, John (Chair) 
  • Badeau, Brad
  • MacMillan, Katherine 
  • McCullum, David 
  • Murray, Cameron

Program Committee

The Program Committee shall be responsible for ensuring the success of Fundserv’s Program and for reviewing and overseeing the Program and its component initiatives. The Committee is responsible for overseeing the Program’s governance process and making recommendations, where necessary, to enhance the quality and effectiveness of execution, strategic alignment, and governance. The Committee is also responsible for reviewing and making recommendations to the Board on new initiatives and changes in scope, time, or budget within the change authority granted to the Committee.

  • Jackson, Chris (Chair)
  • Park, Young
  • Patterson, Lynne
  • Russell, Jim
  • Shewangzaw, Ghion