DIRECTOR DEVELOPMENT AND ASSESSMENT
NEW DIRECTOR ORIENTATION
We provide each new director with multi-day orientation programming where the director meets with senior management. During these meetings, management provides the new director with an overview of our business, strategic direction, operations, initiatives, and risk management framework. New directors receive an orientation package, which includes all Board and committee mandates as well as key CWB policies and other reference material about us and the banking industry. We encourage each new director to attend at least one meeting of each Board committee during their first year as a director of CWB.
ONGOING DIRECTOR EDUCATION
Our continuing education program assists directors to maintain and enhance their knowledge, skills, and abilities. During fiscal 2022, the GCR Committee approved the Director Education Policy. We provide directors an educational allowance of $2,500 annually to support the cost of external educational opportunities. Expenses for one- time courses or designations are supported to a maximum of either one-third the total cost or $7,500, whichever is less. Directors are encouraged to participate in external programs related to Board governance. To assist directors in such participation, we maintain a group membership with the ICD. We also make internal employee training available to our directors. Directors are required to complete certain training modules on cybersecurity, the Code and ethical conduct, and unconscious bias and inclusion. Directors are kept informed through reports and presentations at the quarterly Board meetings as to matters that impact or may impact our operations, and that are specific to the Board’s oversight responsibilities, including cybersecurity developments, and economic and regulatory updates. The presentations provided to the Board and/or its committees during fiscal 2022 follow.
Date
Provided To
Topic
Presented By
Senior Manager, Compliance & Occupational Health and Safety
November 15, 2021
Board
Federal Pay Equity Overview
Group Head, CS&SB SVP, Equipment, Digital & Client Solutions SVP, Equipment Finance
December 2, 2021
Board
OneEquipment Deep Dive
Client Experience (CWBx): A deeper dive into our voice of the client research
Group Head, CS&SB Vice President, Marketing
December 2, 2021
Board
President & CEO Vice President, Strategy & Investor Relations
December 1, 2021
Board
Crypto Currency – Central Bank Digital Currencies
CPCO SVP, Human Resources
December 1, 2021
Board
Future Workforce: The War on Talent
Group Head, CPW Chief Risk Officer
February 23, 2022
Board
General Commercial Loan Portfolio Deep Dive
April 6, 2022
Board
Cyber Threat Briefing
Mandiant
President & CEO CFO Group Head, CPW Vice President, Strategy & Investor Relations
April 7, 2022
Board
2023 - 2026 CWB Strategic Direction
Group Head, CPW CRO President & CEO, CWB Wealth
May 25, 2022
Board
CWB Wealth Deep Dive
Group Head, CS&SB Vice President, Digital & Alternative Channels Senior Assistant Vice President, Application Services
May 26, 2022
Board
Digital Deep Dive
Operational Scope 1 and 2 Greenhouse Gas Emissions Education
May 26, 2022
Board
Head of Sustainability Strategy
CRO SVP, Risk Management Programs
May 26, 2022
Board
Credit Risk Model Education
CRO Vice President, Integration Risk Management Vice President, Risk Analytics CIO Vice President & Chief Information Security Officer
August 24, 2022
Board
Macro Economic Stress Test Deep Dive
August 25, 2022
Board
2023 Technology Roadmap
August 25, 2022
Board
Deloitte Cyber Risk Appetite Statement Training
Deloitte
Korn Ferry
November 21, 2022
Board
Future of Work Session
27 | Canadian Western Bank- Management Proxy Circular
Powered by FlippingBook