The Committee is appointed by the Members to help Members fulfill their oversight responsibilities by reviewing and monitoring of all risks, risk mitigation strategies, and countermeasures adopted by the Corporation.
The Committee shall:
- Review the Corporation’s risk management framework and practices;
- Review the joint risk management practices of the two OMERS corporations, in collaboration with the OAC Board and/or its committees, as appropriate;
- Consider enhancements to the risk-management frameworks and practices of OMERS and the Corporation;
- Make recommendations to the Board in relation to the above.