Call for Nominations
Director, Board of Directors – Three Year Term
Credit Union Deposit Guarantee Corporation
Credit Union Deposit Guarantee Corporation (the Corporation) is the deposit guarantor and primary regulator for Saskatchewan credit unions and SaskCentral (together, Provincially Regulated Financial Institutions or PRFIs). The Corporation instills confidence in the province’s credit union system with a mandate of:
- guaranteeing the repayment of deposits in Saskatchewan credit unions
- establishing regulatory standards and ensuring PRFIs are performing to those standards
- promoting responsible governance by PRFIs, and contributing to the strength and stability of the credit union system
- directing PRFIs to take action on material deficiencies, and any issue that may put depositors’ funds at risk
- maintaining and managing a guarantee fund in a sound and prudent manner
The selection committee is now seeking candidates for the Corporation’s board of directors. The board is responsible for the governance of the Corporation and is responsible for providing oversight, strategic direction, planning and vision, and developing and implementing corporate policy.
The committee will assess the candidates against the competency-based needs of the board. Board members are selected based on particular skill set/expertise currently needed to support the board. By implementing a competency-based approach, the Corporation is able to make effective use of intellectual capital in the decision-making processes.
The ideal candidate will meet the competencies identified by the board and have a combination of diverse skills, knowledge, experience, education and personal attributes.
A candidate may only apply one year after they are no longer employed by government, a credit union or SaskCentral.
The committee is seeking candidates who possess a combination of the following attributes:
|Knowledge of credit unions and co-
||Strategic planning and thinking
|Financial industry knowledge
||Teamwork and partnering
|Financial acumen in the context of financial
||Knowledge of governance and board roles
|Risk management in a financial institution
|Regulatory roles and legislation
Two positions on the board (each a three year term) are required to be filled at this time.
For one position, a legal background in relevant fields would be an asset.
The Corporation believes in the benefits of a board that consists of diversity and inclusiveness. The unique skills and experience each individual brings are considered valuable. Diversity of board composition is a consideration.
To learn more about the Corporation and for a Candidate Guide refer to our website:
Only those selected for interviews will be contacted directly. We thank all applicants for their interest.
Please direct any questions and submissions of completed Candidate Guides by 5:00 p.m.
October 20, 2020.
CONFIDENTIAL – Selection Committee
C\O Credit Union Deposit Guarantee Corporation
ATT: Deanna Bergbusch, Vice-President, Corporate Operations 2055 Albert Street, P.O. Box 3030
Regina, SK S4P 3G8
Fax (306) 566-1770
E-mail: [email protected]