Page 67 - SIGA Annual Report 2013

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67
Directors
The Board of Directors was comprised of 12 Members for
the majority of the year. The Federation of Saskatchewan
Indian Nations and the Tribal Councils nominate these
Members (one per Tribal Council). Only individuals registered
as gaming employees under The Alcohol and Gaming
Regulation Act 1997 may be Members of the Board.
As per the Casino Operating Agreement, SIGA, having
met the requirements of sustained progress, a change
in the structure and composition of the SIGA Board took
place on January 30, 2008. The new Board structure is
comprised of no more than 13 Directors and will have a
Senate appointment as per the FSIN Legislative Assembly
Senate Act. The 2012/13 Directors are as follows:
Tribal Chief Felix Thomas
Chief Edward Henderson
Chief Reginald Bellerose
Chief Brian Standingready
Robert Gerow
Chief Richard Ben
Carol Bryant
Chief Larry Ahenakew
Chief Delbert Wapass
Amanda Louison
Kevin Poock
Ron Martin – joined the Board October 17, 2012
Chief Mary Anne Daywalker-Pelletier –
joined the board March 4, 2013
Chief Perry Bellegarde – left the Board October 2012
The Board also has an Advisor:
Senate Advisor, Roland Crowe
Committee Structure
The Board may appoint any committees that it considers
necessary for the efficient conduct of the affairs and
business of SIGA and may prescribe the duties of any
committee it appoints. It is important to note that
assignment of responsibility by the Board to a committee
does not absolve the full Board from responsibility for a
committee’s work or decisions. The Chair is ex-officio on
all committees and may attend any meeting as deemed
appropriate. All committees have established terms of
reference governing their conduct and mandate.
The Board has three (3) committees with established terms
of reference governing their code and mandate. These three
committees are as follows: Audit and Finance, Governance
(includes, Human Resource, Compensation & Ethics and
Governance mandates) and Strategic Affairs.
Audit and Finance Committee –
Carole Bryant, Chair
The Audit and Finance Committee monitors the financial
performance and internal controls of SIGA, assesses risk
management strategies, and acts as a liaison between the
internal and external auditors and the Board. This committee
is responsible for the internal audit function and has
retained an independent internal auditor who is accountable
to the Board through the Audit and Finance Committee and
has unimpeded access to corporate information and reports.
SIGA ‘s internal auditor is Price Waterhouse Coopers (PWC).
The fee for the internal audit function for the fiscal year
is $666,623.98. The committee monitors internal controls
over the financial reporting process, auditing matters and
financial reporting issues. The SIGA audit is completed
by the audit firm Deloitte LLP. In addition to the statutory
audit requirements, Deloitte LLP submits management
letters that contain internal control recommendations
and identification of management and system control
risks. Deloitte LLP has examined the corporation’s financial
statements and issued an auditor’s report included in this
annual report. The fee for the audit for the fiscal year is
$249,910.70. Deloitte LLP did not provide any non-audit
services this fiscal year. The committee met six times in
the 2012/13 fiscal year.