The Canadian Board Diversity Council (CBDC) has created Canada’s only national database of qualified, diverse candidates for corporate board of director appointments – Diversity 50. In two years, in collaborating with the 12 Diversity 50 CEOs/Chairs, we now have a database of 100 top, board-ready candidates for corporate board service. .
Please click here to meet the Diversity 50 cohorts from 2012 and 2013.
Diversity 50 is designed to help corporate directors identify board-ready diverse candidates beyond their own networks. How do we define diversity? The Council’s definition expands the traditional board definition of industry experience, management experience, functional area of expertise, education, geography and age to also include such considerations as ethnicity, gender and aboriginal status. The Diversity 50 database allows you to search 78 specific fields such as industry experience, functional area of expertise and gender to name a few. Like in any search for a new director, the onus remains on a board’s nominating and governance committee (and their executive search firm) to exercise due diligence and assess the potential candidates credentials against the board’s requirements.
We are grateful to HSBC Canada President and CEO Paulo Maia, Deloitte Managing Partner and Chief Executive Frank Vettese and 10 other CEOs who have developed and vetted the qualification criteria for Diversity 50 in collaboration with the Council. In turn, the Council collaborated with GMI Ratings, a leading independent provider of global corporate governance rating sand research with a database of over 130,000 public company directors.
It is important that corporate directors meet the Diversity 50 candidates in person. The council was pleased to facilitate these introductions for our Members’ boards of directors and executive teams at private receptions hosted by the select CEOs. The Receptions were held in Vancouver, Calgary, Toronto and Montréal in November 2012 and September/October 2013. The Council also piloted a Diversity 50 Reception with executive search firms in Toronto in June 2013.
We invite your board to join the Council and mitigate the risk to your business of not having the diversity of thought and experience at the table to drive shareholder value.
Thanks to the 12 CEOs and their organizations who are supporting and sponsoring the Diversity 50 initiative.
Interim President and Chief Executive OfficerCoast Capital Savings
PresidentSun Life Financial Canada
President and Chief Executive OfficerPostmedia Network
President and Chief Executive OfficerCanadian Oil Sands
President and Chief Executive OfficerIAMGOLD
President and Chief Executive OfficerHSBC Bank Canada
President and Chief Executive OfficerIron Ore Company of Canada
Global Vice Chair and Chairman, CanadaNorton Rose Fulbright
President and Chief Executive OfficerHydro-Québec
Managing Partner and Chief ExecutiveDeloitte
President and Chief Executive OfficerSuncor Energy
Applications for Diversity 50 2014 are now closed. Thank you to all those who submitted an application. If you would like us to send you a reminder for 2015, please click here and fill out a feedback form.
Diversity 50 at a glance
Sarah Raiss elected to Board of Vermilion Energy Inc., March 2014
Sarah Kavanagh elected to Board of HudBay Minerals Inc., July 2013 and WPT Industrial REIT, April 26, 2013
Beth Horowitz elected to Board of Aimia, December 2012
Debra Kelly Ennis elected to Board of Altria, February 2013; elected to the Board of Hertz Global Holdings, Inc., May 2013