Board of Directors

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Board Composition

One member from, and appointed by, the board of trustees of each of:

  • College Pension Board
  • Municipal Pension Board
  • Public Teacher’s Pension Board
  • Teachers’ Pension Board

 

Two members and the Chair appointed by the Minister of Finance:

  • Two members representative of other BCI clients
  • One Board Chair
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Roles and Responsibilities

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The Board’s core accountabilities include: 

  • Appoint the CEO/CIO
  • Review and monitor the CEO/CIO’s performance
  • Select and appoint external auditor(s)
  • Approve policies, business plan, budget, conflict of interest guidelines, financial statements
  • Establish the employee classification system and compensation scale
  • Ensure an equitable fee system based on user pay principle is in place
  • Oversee operations

 

British Columbia’s Public Sector Pension Plans Act prohibits the BCI Board from being involved in investment decisions. These responsibilities remain with the CEO/CIO and BCI’s investment professionals, under Board-approved policies and guidelines.

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Board Committees

BCI’s Board maintains two standing committees:

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Audit Committee

The Audit Committee provides oversight of:

  • Audit programs
  • Financial management controls
  • Financial reporting
  • Compliance

 

Audit Committee Members

Human Resources & Governance Committee (HRGC)

The HRGC provides oversight of:

  • Human resource strategies
  • Compensation philosophy
  • Succession management
  • Performance incentive plans
  • Employee classification systems
  • Board governance

 

HRGC Committee Members

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