The business of Genworth MI Canada Inc. is conducted by its employees, managers and officers, under the direction of our CEO and the oversight of the Board of Directors (the "Board"), to enhance the long-term value of the corporation and its shareholders.
In keeping with our underlying values, Genworth MI Canada is committed to strong corporate governance. The Board has developed corporate governance practices to help fulfill its responsibility to the shareholders. Our governance practices not only fully comply with existing and new governance laws, rules and regulations, but also incorporate many best practices as a key component of Genworth MI Canada's governance program.
Role of the Board:
The Board of Directors is elected by the shareholders to oversee management and to assure that the long-term interests of the shareholders are being served. Directors are expected to attend all scheduled Board and committee meetings and the annual meeting of the shareholders.
The Board of Directors has 3 standing committees: