C-2 - Act respecting the Caisse de dépôt et placement du Québec

Full text
13.1. The board of directors shall by resolution
(1)  establish risk management guidelines and policies;
(2)  determine delegations of authority;
(3)  approve the Fund’s strategic plan, business plan, budgets, financial statements and annual report;
(4)  approve human resources policies as well as the standards and scales of remuneration and other conditions of employment of officers other than the president and chief executive officer, of employees of the Fund, and of the most senior officer of each of its wholly-owned subsidiaries;
(5)  approve the appointment and remuneration of officers reporting directly to the president and chief executive officer and of the most senior officer of each wholly-owned subsidiary, on the recommendation of the president and chief executive officer;
(6)  approve investment policies, standards and procedures;
(7)  adopt a socially-responsible investment policy;
(8)  approve rules of ethics and professional conduct applicable to members of the boards of directors of the Fund and its wholly-owned subsidiaries, and to the officers and employees of the Fund and its wholly-owned subsidiaries;
(9)  assign a mandate to any auditor, subject to section 48; and
(10)  designate the members of board committees.
2004, c. 33, s. 11.