Governance practices
Directors play an essential role in the development and sustainability of CRCD. In addition to their personal obligations and responsibilities, they must possess, individually or collectively, several skills related to CRCD's business sectors.
Composition of the Board of Directors
In accordance with its constituting act, CRCD’s Board of Directors is made up of 13 directors comprising:
6 members appointed by the President of Desjardins Group
3 members elected by the shareholders
3 members appointed by the above 9 directors, one representing SMEs and the other, cooperatives
1 Desjardins Group Relations Director appointed by the other 12 directors
Qualification criteria
To sit on the board of directors, you must:
Be a CRCD shareholder
Be 18 or older
Not have been declared incapable by a competent authority or been the subject of a judgment ordering the institution of tutorship, certifying a protection mandate or authorizing temporary representation
Not be an undischarged bankrupt
Not be prohibited by a competent authority to exercise this function
Not have been convicted of an offence or criminal act involving fraud or dishonesty
Not hold competing positions that are incompatible with CRCD activities and the role of director
Group Profile and skills sought
Directors must have the capacity to help CRCD achieve its strategic priorities through their commitment, through their investment of time and their strategic insight and by promoting the economic development of their region, in particular as ambassadors in their business community and their region.
The group profile describes the skills and expertise sought, individually or collectively, for directors of CRCD, as well as the desired representativeness and diversity within the Board of Directors.
Business administration skills
Development capital
Venture capital
Business financing
Financial markets
Portfolio management and strategy
Accounting and finance
Risk management
Strategic planning
Governance
Ethics and professional conduct
Compliance
Marketing and communications
Special consideration
Experience in entrepreneurship
Understanding of regional economic development issues
Experience on a board of directors
Knowledge of Desjardins Group
Knowledge of the cooperative movement
Expertise accredited by a professional title or governance training
Accounting designation in good standing
Chartered Business Valuator designation (CBV)
Adm. A. (Chartered Administrator), C.Dir (College of Corporate Directors) or ICD.D (Institute of Corporate Directors) designation
Representation and diversity
Gender parity
Age variety
Regional representation
Diversity
Regional distribution (region other than metropolitan communities)