From the Board of Governors meeting of September 17, 2015
Enterprise Risk Management Project
The Board received an update and draft report from Grant Thornton on the Enterprise Risk Management project (ERM).
The enterprise risk management process is designed to assist in identifying NSCAD’s most significant risks, determining whether any risks exceed acceptable levels, and developing and monitoring plans to address potential gaps. It is important to note that risk management is not simply about risk reduction. It is about making informed decisions to further the University’s objectives, with consideration to the various risks that may impact the organization and/or its people.
The top ten risks will be monitored by the Board of Governors based on quarterly reports provided by the Audit and Risk Oversight Committee. Fall 2015 will see the rollout of Enterprise Risk Management.
Hello and Goodbye
Past Secretary, Margaret Fountain retires from the Board after more than 15 years of service to NSCAD University. Mrs. Fountain was appointed Life Governor for her years of dedicated service to the university. Mrs. Fountain stated it was a great pleasure and privilege to be on the NSCAD Board.
Joining the NSCAD Board are Greg Bambury of Medavie Inc., Gary Edwards, President of Edwards Family Charitable Foundation, and student representatives Gabriel Soligo SUNSCAD President and Julie Hall, SUNSCAD VP Finance. Also joining the Governors are Faculty representatives Rudi Meyer, Associate Professor, Design and Rebecca Young University Librarian. Departures include Faculty representatives Mathew Reichertz and Jane Milton whose terms ended on September 17, 2015. The Board is grateful for the dedicated service of these members.
Officers of the Board and Committee Chairs
The officers of the Board were appointed:
Jeff Somerville, Chair
Julia Rivard-Dexter, Vice Chair
John Carruthers, Treasurer
Kim Knoll, Secretary
As Grant Machum steps down, Jeff Somerville takes over the role of Chair of the Board. As Margaret Fountain steps down, Kim Knoll takes over the role of Secretary.
The Chairs of the subcommittees of the Board were appointed:
Matthew MacLellan, Governance and Human Resources
Louise-Anne Comeau, Audit and Risk Oversight
Elizabeth Currie, Advancement
John Carruthers, Financial and Physical Resources
Matthew MacLellan takes over the role of Chair of Governance and Human Resources as Grant Machum steps down and Louise-Anne Comeau takes over the role of Chair of Audit and Risk Oversight as Jeff Somerville steps down and takes over as Chair of the Board.
The Board of Governors held a retreat in August to discuss NSCAD‘s facilities in depth. After two days of fulsome discussion, including a presentation by student representatives Gabriel Soligo and Julie Hall, the Board agreed that NSCAD needs a facility that facilitates a greater sense of community and supports the kind of interdisciplinary art, design and craft education that the students value. Consensus was arrived to plan an integrated campus model by 2019. At the September 17th meeting, the Board passed a motion to proceed with the planning of an exit strategy from the Fountain Campus on or before the year end 2019.
Collective Agreement - Article 40
The Board agreed to direct the Vice-President (Academic & Research) to advise FUNSCAD of the consequential changes to LOA#3 while the Board exercises its rights and fulfills its obligations under Article 40.
Annual Report Presented at AGM
NSCAD’s 2014-15 Annual Report was presented at the September 17 Board of Governors Annual General Meeting. The Annual Report presents an incredibly full year, with so many accomplishments to be shared and recognized.
During its Annual General Meeting, the NSCAD Board of Governors took time to express their appreciation to the students, faculty, staff, alumni, donors, Government of Nova Scotia, and to the community at large.
The next meeting of the NSCAD Board of Governors is scheduled for November 26, 2015.