Board Elections
Kawartha Credit Union is currently seeking nominations of qualified candidates for the Board of Directors.
.jpg)
Kawartha Credit Union is currently seeking nominations of qualified candidates for the Board of Directors. Please see the information below about our Board of Directors, necessary qualifications, and process to apply. We will accept nomination submissions until November 15, 2024, at 4:00 p.m.
The Role of the Board and the Nominating and Human Resources Committee
Our Board governs our strategic direction and ensures that Kawartha is managed effectively. Special committees fulfill certain duties of the Board, and one of these is the Nominating and Human Resources Committee. It is the Committee’s responsibility to recruit candidates (or nominees) to ensure that Kawartha has qualified governance of our Credit Union. The Nominating and Human Resources Committee verifies that each nominee has the competencies required to be a Director, including audit & compliance oversight, Board & CEO performance, credit union operations, financial literacy, governance & ethics, leadership, regulatory environment, risk management oversight, and strategic planning.
The Role of a Director
The role of a credit union Director in today's environment is demanding and complex. Stakeholders (including regulators) require more from Directors than in the past, and consequently the Director's role is both rewarding and challenging.
Directors of Kawartha Credit Union are required to have a broad range of knowledge, depth of experience and support the values and focus of the organization.
Qualifications
Kawartha has nine Director positions and will have three vacancies for the 2025 election. Candidates must be equipped with the qualifications outlined in the Information Package for Nominees. In 2024, there is particular interest in qualified candidates with expertise in the regulatory environment, risk management and strategic planning.
Assessment Process and Voting in the Election
Candidates will submit their nomination papers on or before the November 15 deadline. Once all submissions have been received, the Nominating Committee begins an assessment process to determine the best qualified candidates for the Credit Union.
Each year we ask our membership to elect candidates to our Board of Directors. As a member and owner of Kawartha Credit Union, members have a say and a voting privilege. In our 2025 election, we have three positions on our Board of Directors, each for three-year terms. Voting will be conducted through online banking (including mobile app and mobile web) from 9:00 a.m. on January 28 to 5:00 p.m. on February 11, 2025. Members may also vote in our branches (on request).
Successful candidates will be announced on our website and at our Annual General Meeting. All nominees will be notified of the results prior to the Annual General Meeting.
How to demonstrate your interest
Please carefully review our Information Package for Nominees. Completed applications must be received by 4:00 p.m. on Friday, November 15, 2024. Interested candidates may drop off their completed applications at their local Kawartha Credit Union branch, or they may scan and email, fax, mail, or courier the application to:
Board Recruitment
Executive Vice President, Human Resources
Kawartha Credit Union
14 Hunter Street, P.O. Box 116
Peterborough, Ontario K9J 6Y5
Fax: (705) 743-9889
E-mail: humanresources@kawarthacu.com
