December 14, 2016 

 

Governance

The appointment of the Independent Board Chair (IBC) of the OMERS Administration Corporation (OAC) is the joint responsibility of the OMERS Sponsor Corporation and OAC.  The SC approved a joint succession protocol for the IBC, which was jointly developed by the SC and OAC.  The joint succession protocol acts as a guideline for the SC and OAC in situations where a successor to the IBC is required on a temporary or interim basis.