Governance changes
In order to improve governance processes and strengthen Board performance, the Board has recently made revisions to Bylaw No. 1.
What are these revisions?
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having a maximum number of directors who may be appointed by the Board,
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enhancing the requisite qualifications of directors,
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providing for a prescribed selection process,
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clarifying the number of terms a director can serve, and
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expanding on the reasons for removing a director.
Visit our Board Responsibility page to learn more.
As well as keeping you informed, we welcome your feedback regarding the work of FaithLife Financial's Board. Please share your comments by sending an e-mail to: moreinfo@faithlifefinancial.ca
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Walter Rugland Harold Witte
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2012 Board vacancies filled In the Spring 2011 Connections, we announced that Director Walter Rugland, who has served on the FaithLife Financial Board for the past seven years, was allowing his name to stand for a vacant board position. Subsequently, another vacancy developed with the early retirement of Keith Golem as of February 2012. Therefore, commencing February 2012, Harold Witte will serve a one-year term and Walter Rugland will serve another four-year term. By February 2013, we expect further Board vacancies as Directors' terms expire. We will inform you of the Director qualifications required to fill these positions.
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