FMB Board Appointment Process

The First Nations Financial Management Board (FMB) is managed by a board of directors consisting of a minimum of nine and a maximum of thirteen directors, including a Chairperson and a Vice-Chairperson.

The Board of Directors shall be composed of men and women from across, including members of First Nations, who are committed to the strengthening of First Nations financial management and who have the experience or capacity to enable the Board to fulfill its mandate.

The Governor in Council (GiC), on the recommendation of the Minister, shall appoint a Chairperson and a minimum of five, and a maximum of nine other directors, to hold office during good behavior for terms not exceeding five years, subject to removal by the GiC at any time for cause.

Directors may be re-appointed for a second or subsequent term of office . In determining the term of appointment of directors, the GiC shall endeavor to ensure that the terms of no more than three directors expire in any one calendar year.

The Aboriginal Financial Officers Association of Canada (AFOA), or any other body prescribed by regulation, shall appoint up to three additional directors to hold office during pleasure for a term not exceeding five years.

Learn more about Governor in Council (GiC) opportunities.

Interested candidates should ensure that their applications clearly outline how their education, experience, knowledge and abilities meet the requirements of the position advertised.

The Minister of Aboriginal Affairs and Northern Development and her Office work with the FMB when establishing the selection criteria for FMB GiC appointments.

FMB has developed the following board member Competency Matrix to support this selection process.

To learn more about applying to join the FMB Board, please feel free to contact Shayla Point, Director of Market Development, Financial Administration Laws and Stakeholder Relation.

Download Competency Matrix (PDF)

See Competency Matrix - Example Definitions