Board Elections

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

We will have three vacancies for the 2023 election. Candidates must bring to the organization the qualifications outlined in the Information Package for Nominees. There is particular interest in qualified candidates with expertise in finance, audit, human resources, regulatory environment and compliance, technology and cybersecurity risk, executive leadership, and strategic planning.

After completing a detailed process, the Nominating Committee recommends three nominees. Their respective biographies and recorded speeches may be viewed below.

+These candidates have been recommended by the Nominating Committee and have the necessary experience, expertise and qualifications to serve on the Board.


Corporations, unincorporated associations or business partnerships may vote by Proxy. A Proxy must be signed by an authorized signing officer. The proxy must designate who is authorized to vote (that person may be different from the authorized signing authority). The person designated as proxy may also vote on their personal account. Proxy = 1 vote.

Completed proxy forms must be mailed by 5:00 p.m. on February 10 to:

BDO Dunwoody LLB
201 George Street North, Suite 202
P.O. Box 1018
Peterborough, Ontario K9J 7A5

Within the voting platform, members will also be asked to vote on a Special Resolution to approve Kawartha’s new By-laws. The changes to the By-laws are required to align to the new Credit Unions and Caisses Populaires Act, 2020 (Ontario) and to the new Financial Services Regulatory Authority of Ontario (FSRA) rules. We have also made changes to modernize Kawartha’s By-laws overall. Details of these changes are explained within the Special Resolution section of the voting ballot, and by clicking on the links below.

Link to marked up By-laws

Link to clean version of By-laws

Link to explanatory video from Norah McCarthy, President & CEO

Link to the By-Law to Amend the By-Laws of Kawartha Credit Union

Voting will be conducted through online banking (including mobile app and mobile web) from 9:30 a.m. on January 27 to 5:00 p.m. on February 10, 2023. Members may also vote in our branches (on request).

Successful candidates will be announced in February and at our Annual General Meeting on March 29th, 2023.