Board of Directors
The Board of Directors is responsible for setting direction, monitoring and reporting achievement, and analyzing, evaluating and taking corrective action for the corporation. The Board is responsible for the stewardship of the corporation in general terms. In meeting this responsibility, the Board works with management to develop and approve the corporation's strategic plan, operating goals, annual budget and business plans. It participates in identifying business risk and overseeing the implementation of appropriate systems to achieve a balance between the risks incurred and potential returns.
The Board of Directors is appointed by the Lieutenant Governor in Council. The Board consists of ten external directors. Both the Chair and Vice-Chair of the Board are external directors.
Read more about this topic: Saskatchewan Government Insurance
Famous quotes containing the word board:
“This morning I threw up at a board meeting. I was sure the cat was out of the bag, but no one seemed to think anything about it; apparently it’s quite common for people to throw up at board meetings.”
—Jane Wagner (b. 1935)