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Board and Council Updates

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Eligibility and Education Council (EEC)

Patrick Chamberland has been appointed Chair of the Committee on Continuing Education’s Investments Subcommittee, effective immediately.

Taehan Bae, Claudia Gagné, José Garrido, Neville Henderson, David Landriault, Howard Lyons, and Keith Sharp have been appointed members of the Committee on Academic Relations.

Thomas Hinton (Chair), Steven Cheng, Wes Foerster, Bruce Langstroth, and Bruno Valdevit have been appointed to the Practice Education Course (PEC) Organizing Committee, effective January 1, 2012. The committee will report directly to the EEC. The Task Force on The Future of the PEC has been disbanded with thanks.

Thomas Hinton (Chair), Luc Bergeron, Mark Edwards, Frédéric Jacques, David Stalker, Steve Sullivan, and Carole Vincent have been appointed to the Individual Life and Annuities (ILA) Organizing Committee for the 2012 Practice Education Course.

Stephen Cheng (Chair), Trevor Cartlidge, Corinne Escaravage, Nikolina Gateva, Bruno Legris, Jared Mickall, Michael Millns, Haripaul Pannu, Jean-François Poitras, Bruno Valdevit, Tulio Walles Mora, and Alexandru Zaharia have been appointed to the Pension Organizing Committee for the 2012 Practice Education Course.

Bruce Langstroth (Chair), Ken Chin, Michael Correa, Loretta Di Caro, Bruno Gagnon, Martin Laframboise and Linda Maillet have been appointed to the Group Organizing Committee for the 2012 Practice Education Course.

Wes Foerster (Chair), Alan Bates, Melissa Bui, Blake Hill, Myriam Roux, and Julia Viinikka have been appointed to the Investment/Finance Organizing Committee for the 2012 Practice Education Course.

Gary Walters (Chair), Claire Bilodeau, Dave Dickson, Angelita Graham, John Have, and Christina Lambie have been appointed to the 50th Anniversary Task Force.

The Committee on Education and Examinations has been disbanded, effective immediately, with thanks.

The Professionalism Workshop will be coordinated by the Secretariat, reporting to the EEC.

The Task Force on Co-sponsorship of Exams has been disbanded with thanks.

For information only:

Nadine Gorsky has resigned as Chair of the Committee on Continuing Education’s Investments Subcommittee, effective immediately, and leaves with the committee’s thanks.

Nathalie Jutras has resigned from the Committee on Eligibility, and leaves with the committee’s thanks.

Ben Marshall and Mathieu Boudreault have resigned from the Accreditation Committee, and leave with the committee’s thanks.

Member Services Council (MSC)

The New Members Committee has been created, with a mandate to promote education, networking and volunteering opportunities specifically targeted to new Fellows and Associates. It will be responsible for ongoing measurement and monitoring of the value of Associate status in the Institute, and will report to the MSC. Sophia Banduk, Queenie Huang and Michael Butler have been appointed to the committee.

Practice Council

Kelley McKeating (chair), Bob Reynolds, Gordon Lang, Michael Hawkins, Greg Gillis, Scott Sadler and Brigitte Breton have been appointed to the Task Force on Fair Market Value of Life Insurance Policies for Ownership Transfer and Related Purposes. The task force is mandated to prepare a research paper outlining the relevant considerations for performing fair market valuations of life insurance policies for the purpose of ownership transfer (for tax planning or charitable giving) or for property equalization (after a marriage breakdown). The paper will also discuss appropriate methods and assumptions for such valuations. This initiative relates to in-force life insurance policies where the policy owner wishes to transfer ownership to or from a closely-held corporation for tax reasons, or to a charitable organization, again for tax reasons. This also relates to in-force life insurance policies that must be valued for property equalization purposes after a marriage breakdown.

Alison Begley and Mike Palmer have been appointed members of the Committee on Life Insurance Financial Reporting.

For information only:

Angela Jonkhans has completed her term on the Committee on Life Insurance Financial Reporting, and leaves with the committee’s thanks.
 

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