Home / ABOUT / Governance
GOVERNANCE - ACCOUNTABILITY
Accountability: Recruitment, Selection & Renewal of the Board
Recruitment: Prior to known anticipated vacancies (end of board member terms), the promotion of board opportunities through public promotion and solicitation will begin. Should a vacancy occur unexpectedly the process will begin at those times.
Selection: The Recruitment Committee will review and present candidate applications or submissions with assessment or recommendation to the full board of directors. The individual or individuals interested in applying to the board vacancies will be asked to submit a resume and/or a letter of interest outlining their qualifications, as well as their reasons for wanting to become a board member. The candidate applications and interest submissions will be reviewed for suitability to the organization's needs. A scoring system is used to determine best fit to board role/need as per applicant experience, skills/knowledge, interests, and overall availability to attend meetings and perform board function.
Renewal: Board terms are three years (a maximum of three consecutive terms). There are typically nine board members representing three sub-regional areas of the Coast of Bays Region (on the south coast).
GOVERNANCE - TRANSPARENCY
Transparency: Accountability, Communication & Redress
Accountability: The Board of Directors and the CBDC South Coast are accountable to stakeholders and the public for the stewardship of the organization, the management of resources, and the overall organizational results. With the exception of confidential client and personnel information, the financial and statistical results are considered public information and are made available through various formats and can be made available upon request.
Communication: The Board of Directors and the CBDC South Coast are responsible for communicating results from the previous year to the communities and region served. This can be achieved be various methods including via this website.
Redress/Appeal: All applicants to the various loan products, programs, and/or services of the corporation where final decision making is under the authority of the Board of Directors (as opposed to external agencies) can make an appeal of decisions including for reasons of concern such as perceived conflict of interest and potential biases.
GOVERNANCE - CONFIDENTIALITY
Confidentiality: Information Protection & Conflict of interest
Conflict of Interest: The CBDC South Coast implements a conflict of interest policy. Conflict of interest rules are addressed in policy, by-laws, and agreements with funding agencies of any corporation activities. The corporation recognizes the importance of integrity and ensuring confidence in the organization. There is an obligation to prevent conflicts of interest ad handle potential conflicts of interest proactively thue protecting everyone involved. Any breach of confidentiality or conflict of interest either from board members or staff members will be dealt with accordingly.
support is provided to the CBDC South Coast by ACOA.