Board Committees

The Board as a whole is responsible for all work undertaken on its behalf by committees. The Board holds committees accountable for assisting them in fulfilling their corporate governance responsibilities by ensuring appropriate oversight over committee work. This is done through approval of committee Terms of Reference, appointment of committee members and assurance that the required technical skills and competencies are present at individual committee levels.

Based on the self-assessment and reflection of each committee, it was deemed they have discharged their duties as outlined in their Terms of Reference and 2021 work plans.

Board Committee Board Committee Members Responsibilities

Audit and Finance Cindy Anderson Bryan Cottenie Scott Flavel (Chair) Deirdra Ness Larry Spratt

Risk Nathaniel Cole Scott Flavel Kurt Holfeuer (Chair) Joe Rybinski

Human Resources & Compensation

Governance Cindy Anderson Mitchell Anderson (Chair) Kurt Holfeuer Joe Rybinski Lois Standing

Wayne Amos Mitchell Anderson Deb Chobotuk (Chair) Nathaniel Cole Deirdra Ness Ensures Affinity adheres to an effective control framework for the protection of members’ assets. The framework is to provide reasonable assurance that the credit union operates in a manner that adheres to required financial control and reporting standards.

Responsible for providing effective oversight of the credit union’s risk management framework, legal and regulatory compliance framework. Serves as the credit union’s Conduct Review Committee which oversees adherence to the principles of ethical conduct and responsible business behavior.

Oversees the compensation strategy and human resource policy framework. Undertakes effective performance management and succession planning for the Chief Executive Officer.

Oversees the corporate governance framework including the credit union’s delegate framework.