These nominating bodies are aware of our criteria relating to the knowledge, experience, and skill set we look for in BCI Directors. All Directors and the Board Chair are non-executive Directors and independent of management.
The Board’s accountabilities include: appointing the CEO/CIO (and monitoring and reviewing his performance); appointing auditors; approving policies, BCI’s business plan, budget, conflict of interest guidelines; establishing the employee classification system and compensation scale; and overseeing operations. The Board is legislatively prohibited from being involved in investment decisions.
Under the supervision of the CEO/CIO, investment professionals make these decisions, in accordance with policies established by our clients, and those established by the Board. The CEO/CIO is accountable for all investment decisions.