Governance

Main responsibilities

• Sets up and evaluates the governance program
• Forms the committees needed to help fulfill its responsibilities
• Ensures that the Company operates in compliance with legal and regulatory requirements
• Verifies the effectiveness of control mechanisms and the reliability of reports and financial results

Members

Chair

Guy Cormier, MBA
Île-Bizard, Quebec
President and Chief Executive Officer, Desjardins Group

Vice-Chair

Francine Martel-Vaillancourt, FCPA, FCA, ASC
Saint-Laurent-de-l'Île-d'Orléans, Quebec
Member of the Board of Management and Chair of the Audit Committee, Canada Revenue Agency
Member of the Audit Committee, Ministère de l’Éducation et de l’Enseignement supérieur du Québec
Member of the Audit Committee, Ministère de la culture et des communications du Québec

Board Members

René Bégin, FCPA, FCA, ASC
Lévis, Quebec
Partner, President and CEO, Lemieux Nolet, Chartered Professional Accountants LLP
Chair of the Board of Directors, Caisse Desjardins de Lévis

Kathleen Bilodeau, MSc, FP
Quebec City, Quebec
General Manager, Caisse Desjardins de Sillery—Saint-Louis-de-France

Robert Blais, FSA, FICA
Westmount, Quebec
Member of the Board of Directors and the Audit and Investment Committees,
Teachers Pension Plan Corporation, Newfoundland and Labrador

Claudia Champagne, PhD
Sherbrooke, Quebec
Professor of Finance, Université de Sherbrooke
Member of the Board of Directors, Caisse Desjardins de l'Est

Lise Fournel
Beaconsfield, Québec
Member of the Board of Directors, Ontario Teachers Pension Plan
Member of the IT Committee, University of Montreal

Johanne Girard, MBA, CPA, CGA, CISA, Adm.A.
Laval, Quebec
Prospective Analysis Advisor, Hydro-Québec

Johanne Marceau

Drummondville, Quebec
General Manager, L’Œil Régional (a DBC Communications newspaper)
Chair of the Board of Directors, Caisse Desjardins de Drummondville
Vice-President of the Centre-du-Québec Regional Council (Desjardins)
Member of the Advisory Commission on Governance and Cooperative Life (Desjardins)

Normand Provost, ASC
Brossard, Quebec
Member of the Board of Directors and Chair of the Audit Committee, Quebecor Inc.
Member of the Board of Directors, Chair of the Risk Management Committee and Member of the Human Resources Committee, Investissement Québec
Member of the Supervisory Board and the Human Resources Committee, Kéolis
Member of the Board of Directors, Group Germain

Michel Séguin, CHRP
Outremont, Quebec
Professor, École des sciences de la gestion, Université du Québec à Montréal
Member of the Board of Directors, Caisse Desjardins de Mercier-Rosemont
President, Services Praxie inc.

Jacques St-Aubin
Hawkesbury, Ontario
Member of the Board of Directors of the Caisse populaire de Hawkesbury Ltée
Member of the Ontario Regional Council

Robert St-Aubin, FCPA, FCA
Repentigny, Quebec
Managing Partner, Demers Beaulne LLP

Main responsibilities

• Exercises all the powers that the Board of Directors has delegated to it
• Oversees governance matters
• Submits human resources policies and broad directions to the Board

Members

• Guy Cormier (Chair)
• Francine Martel-Vaillancourt (Vice-Chair)
• Normand Provost
• Robert St-Aubin

Main responsibilities

• Takes an active role in reviewing and approving the investment strategy
• Examines and makes recommendations on investment policies
• Puts in place monitoring and control mechanisms that ensure investments are handled in a proactive and prospective manner

Members

• Normand Provost (Chair)
• Kathleen Bilodeau
• Robert Blais (observer)
• Lise Fournel
• Johanne Marceau

Main responsibilities

• Oversees financial reporting and risk management processes
• Ensures the efficiency and independence of the internal control, risk management and internal and external auditing processes

Members

• Robert St-Aubin (Chair)
• René Bégin
• Robert Blais
• Claudia Champagne
• Francine Martel-Vaillancourt

Main responsibilities

• Adopts and enforces the rules set out in the Company’s Code of Ethics and Professional Conduct
• Assesses ethical or professional conduct situations and dilemmas that are brought to its attention

Members

• Michel Séguin (Chair)
• Johanne Girard
• Jacques St-Aubin