WEST VANCOUVER – Scott Munro is the new CEO of the First Nations Financial Management Board (FMB) effective August 1, 2024.
The Board of Directors chose to promote Munro from his current position as Deputy CEO because of his experience within the organization, the internal and external relationships he has built, his calm and focused leadership style, and because through his actions he consistently embodies FMB’s values.
“I am proud that Scott was promoted from within the FMB and of his impressive track record since he joined the FMB in January 2013,” said Executive Chair Harold Calla in making the announcement.
Munro, Kaska Dena from Yukon Territory, first joined the FMB in 2013 as Director of and Certification. In 2021, he became Deputy Chief Executive . During his tenure, he has been a pivotal collaborator with the Board of Directors and the Senior Leadership Team, driving forward FMB’s mission and strategic objectives.
He has successfully cultivated relationships with Indigenous governments, partners, national Indigenous organizations, and other interested and affected parties on both national and international levels. His efforts have played a crucial role in supporting First Nations in achieving their socioeconomic development objectives through robust financial and administrative practices.
FMB’s new CEO has forged strong partnerships with elected and hereditary leaders of First Nations governments, as well as with personnel across numerous federal government departments including CIRNAC, ISC, and Statistics Canada. Additionally, he has established meaningful collaborations with institutions such as OSFI, the Bank of Canada, and the CPP Investment Board, as well as with Indigenous organizations like AFOA Canada and the AFN.
As an Indigenous Chartered Professional Accountant, Munro has played a pivotal role in shaping sustainability standards on both a global and Canadian scale. His leadership in standards-setting and certification has significantly advanced First Nations’ economic development and self-determination. Through his engagement with the International Sustainability Standards Board, he has enhanced the visibility of Indigenous leadership in this burgeoning field. His efforts have successfully integrated Indigenous perspectives into international sustainability standard-setting processes.
Munro currently serves as the Chair of the Canadian Public Sector Accounting Board’s Indigenous Advisory Group and is a member of CPA Canada’s Sustainability Advisory . He actively cultivates partnerships with professional organizations to advance reconciliation with Indigenous Peoples. His contributions were recognized last year by his peers in the form of a CPA Fellowship distinction.
He is now bringing these same skillsets to the Board of Directors of the British Columbia Financial Services Authority as a new director.
Munro has his Bachelor of Arts (Honours) from Queen’s University and FCPA, FCA, and CAFM designations.
About FMB
The First Nations Financial Management Board is a First Nations-led non-profit organization that supports First Nations in developing sound financial and administrative governance practices. The FMB was created under the First Nations Fiscal Management Act (FMA) in 2006. Services offered are at no cost to First Nations. For more information on all products and services, visit fnfmb.com.