Thorough due diligence and adherence to rigorous corporate governance guide the action of NSBI’s private-sector board. Comprised of 13 respected business leaders from communities across Nova Scotia, the NSBI board provides guidance and governance for NSBI’s business activities.
Including committee meetings, members of the board met more than 30 times in 2008/09 to:
- Oversee the corporate governance framework
- Review and approve quarterly and annual financial reports
- Oversee the strategic business planning process
- Identify and monitor major risks facing the corporation
- Monitor the integrity of the corporation’s internal control systems
- Approve financial transactions within board limits
Chair & Vice Chair
Chair: Douglas G. Hall
Vice Chair: J.D. (Jim) Eisenhauer
Committees
The Audit, Human Resources Governance, and Investment Committees serve to assist the board in carrying out its responsibilities.
The Audit Committee oversees NSBI’s financial reporting, assesses its internal controls and risk environment, and reviews the report prepared by the corporation’s external auditor.
Chair: Lawrence K. (Larry) Evans, Q.C.
Members: James A. Kehoe, Nancy Tower
The Human Resources Governance Committee ensures appropriate human resource management policies are in place, manages the recruitment process for new board members, as well as develops and oversees NSBI’s corporate governance principles.
Chair: Paul A. Kent
Members: David Arenburg, Lois Dyer Mann
The Investment Committee oversees NSBI’s investment framework and policies, monitors the performance of the corporation’s investment portfolio, and recommends financial transactions outside its approval limit to the full board for approval.
Chair: J.D. (Jim) Eisenhauer
Members: William A. Black, James M. MacConnell, Sean Murray, Stuart Rath
Officers
Stephen Lund, President and CEO
Pat Ryan, Chief Operating Officer and Vice President
Lisa Bugden, Vice President
In Alphabetical Order
David Arenburg (appointed November 2006)
Adcor Group of Companies, President, Yarmouth
Yarmouth Hospital Foundation, Former Chair
Junior Achievement Business Hall of Fame,
Board of Governors
SEASTAR Society of Nova Scotia, Director
William A. Black (appointed November 2006)
Maritime Life, Former President and CEO, Halifax
Bank of Canada, Lead Director
The Shaw Group Inc., Board of Directors
The Standard Life Assurance Company of Canada,
Board Deputy Chair
J.D. (Jim) Eisenhauer, Vice Chair
(appointed January 2005)
ABCO Group Limited, President, Lunenburg
Atlantic Industries, Board of Directors
Composites Atlantic, Board of Directors
Nova Scotia Power Inc., Board of Directors
Lawrence K. (Larry) Evans, Q.C.
(appointed November 2003)
Evans MacIsaac MacMillan, Partner, Port Hawkesbury
Port Hawkesbury Food Bank Society, Board Chair
Nova Scotia Barristers’ Society,
Discipline Hearings Committee
Nova Scotia Barristers’ Society, Former President
Douglas G. Hall, Chair (appointed November 2003)
RBC Dominion Securities,
Former Managing Director, Halifax
Claymore Investments, Advisory Board
Millar Western Forest Products, Board of Directors
Southwest Properties, Advisory Board
James A. Kehoe (appointed November 2006)
Joneljim Group of Companies, President, Sydney
Cape Breton University, Board of Governors
BCA Investments Co-op, Board of Directors
YMCA Fundraising and Building Committee
Paul A. Kent (appointed July 2002)
Cetas Advisory Inc., Principal, Halifax
Saga Investments, Board of Directors
Maritime Tidal Energy Corporation, Board of Directors
Symphony Nova Scotia Foundation, Board of Trustees
James M. MacConnell (appointed April 2005)
Scotsburn Co-Operative Services Limited,
Former President and CEO, Scotsburn
Aberdeen Hospital Foundation, Board of Directors, Chair
Royal Nova Scotia International Tattoo, Board of Directors
Co-operators Group of Companies, Director
Lois Dyer Mann (appointed December 2007)
Caldwell Partners, Former Partner, Halifax
2011 Canada Winter Games Host Society,
Director and Chair of HR Committee of the Board
Halifax Chamber of Commerce, Former Chair
IWK Health Centre Foundation, Former Trustee
Sean Murray (appointed June 2007)
Advocate Printing and Publishing Company Limited,
President and CEO, Pictou
Canadian Printing Industries Association, Past Chair
The Canadian Community Newspaper
Database Corporation (ComBase), Chair
Aberdeen Hospital Foundation, Board of Directors
Stuart Rath (appointed March 2007)
Stuco Holdings Limited, President and Director, Truro
Truro Centre Limited, Vice President
Colchester Regional Development Agency,
Board of Directors
Erdene Resource Development Corp., Board of Directors
Ian Thompson (appointed January 2009)
Deputy Minister, Department of Economic and
Rural Development, Halifax
InNOVAcorp, Board of Directors
MT&L Public Relations, Former Partner
Halifax Chamber of Commerce, Former Board Chair
Nancy Tower (appointed October 2004)
Chief Financial Officer, Emera Inc., Halifax
QEII Hospital Foundation, Board of Trustees
CAA Maritimes, Past Board Chair
Nova Scotia Institute of Chartered Accountants,
Former President