BCI Annual Report

2019-2020

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ANNUAL REPORT 2019–2020  |  41 From left to right Gayle Gorrill, Peter Milburn, Donna Lommer, Ken Tannar, Sheila Taylor, Karen Maynes, and Paul Finch Our Board of Directors COMPOSITION OF THE BOARD The Public Sector Pension Plans Act (the Act) requires our board to have seven directors as follows: • one director appointed by the College Pension Board from among its members • one director appointed by the Municipal Pension Board from among its members • one director appointed by the Public Service Pension Board from among its members • one director appointed by the Teachers' Pension Board from among its members • two directors, representative of other clients, appointed by B.C.'s Minister of Finance • one other director appointed by B.C.'s Minister of Finance and designated to be the chair of the board These nominating bodies are aware of our criteria relating to the knowledge, experience, and skill set we look for in BCI directors. Our four largest pension plan clients appoint a member to the board, as required under the Act. The Public Service Pension Plan Board of Trustees appointed Paul Finch as a new director effective April 1, 2019, replacing Ron McEachern whose term ended March 31, 2019. BOARD INDEPENDENCE All directors and the board chair are non-executive directors and independent of management.

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