Corporate Governance

EDC’s stewardship rests with its board of directors, which is composed of seasoned professionals in the fields of business, finance, investment, policy, and risk management. Members possess deep knowledge and understanding of various sectors including agriculture, energy, manufacturing, and transportation. Their collective experience is leveraged to help inform EDC’s business direction.

Learn more about EDC’s governance structure

2017 board highlights:

Board of directors

2017 kicked off a period of transition and renewal for EDC’s board of directors. This included a search process for a new board chair as well as the launch of a search process to replace board members whose terms had expired. On November 29, 2017, the Governor General in Council, on the recommendation of the Minister of International Trade, appointed Martine M. Irman—an experienced and recognized leader in international finance—to be chair of EDC’s board. Ms. Irman was selected through the federal government’s selection process for governor-in-council appointments.

Code of Conduct

Approved a revised Code of Conduct for the corporation to be implemented in spring 2018. The completely refreshed code features a focus on values and plain language to enable clarity of understanding for employees. This values-based code is supplemented by detailed procedures and other support mechanisms enabled through EDC’s Compliance & Ethics group.

Enterprise Risk Management

Continued to be actively engaged in receiving updates on the Enterprise Risk Management (ERM) program and approving new policies to build an ERM practice that reflects strong, effective governance and risk management. Additionally, the board’s Risk Management Committee, the senior vice-president and chief risk officer, and the vice-president and chief compliance and ethics officer will continue to play central roles in delivering on the critical priority of building a culture of risk awareness.