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.