The Government of British Columbia has made three new appointments to the Insurance Corporation of B.C. board of directors.
Appointed are Jeremy Bell, Bonnie Pearson, and Doug Allen, effective immediately. Bell, Pearson and Allen will add years of experience in investment consulting, advocacy and negotiations, and executive leadership to the board’s existing talents.
Attorney General and Minister responsible for ICBC David Eby extended his thanks to Catherine Boivie, William Davidson and Ronald Olynyk, whose appointments to the board are withdrawn.
The ICBC board’s primary responsibility is to foster the corporation’s success while protecting the best interests of policyholders, stakeholders, communities and public at large. It oversees the conduct of business of the corporation and provides direction to management, which is responsible for the day-to-day operations. As part of its mandate, the board balances ICBC's commercial interests with the public policy mandate assigned to it by the B.C. government.
Learn More:
ICBC board operation guidelines: http://www.icbc.com/about-icbc/company-info/Documents/board-guidelines.pdf
A backgrounder follows.