Board of Directors

The Government of Alberta is the sole shareholder of Alberta Pensions Services Corporation (APS).

APS' Board of Directors is composed of 9 members:

  • one director nominated by the Local Authorities Pension Plan Board;
  • one director nominated by the Public Service Pension Plan Board;
  • one director nominated by the Management Employees Pension Plan Board;
  • one director nominated by the Special Forces Pension Plan Board; and
  • five independent directors, who are not employed by Alberta Treasury Board and Finance.

APS Board of Directors

Rosemarie McClean

Rosemarie McClean

Chair - Independent Director
Appointed January 2009

Rosemarie is the Chief Operating Officer (COO) with the Ontario Teachers' Pension Plan. Rosemarie also serves on the Board of Directors for Heartland Dental (USA). She is a CPA and holds a BA in Economics, an MBA and is a graduate of the Institute of Corporate Directors.

Colin P. MacDonald

Colin P. MacDonald

Independent Director
Appointed June 2017

Colin is a retired Partner from the national law firm of Borden Ladner Gervais LLP where he practiced corporate/commercial law, with an emphasis on government relations, competition and foreign investment law. He has advised clients on corporate governance matters and a variety of strategic issues at all levels of government in Canada. Between 1977-1982 Colin also served in several capacities with the Government of Canada, including as Executive Assistant to the Minister of Finance and Deputy Prime Minister of Canada. Colin has a long history of governance experience including: Chair, Canada's Sports Hall of Fame; Chair, Winsport Canada (Canada Olympic Development Corporation); Director, Canada Deposit Insurance Corporation; Director, Terra Energy Corp.; Director, Calgary Airport Authority; Director, Canadian American Business Council ;Governor, St. Francis Xavier University; along with a number of other non-profit boards. Colin is a graduate of St Francis Xavier University (BBA), McMaster University (MA -Economics) and Dalhousie University (LLB) and has earned the ICD.D designation from the Institute of Corporate Directors.

Ward Chapin

Ward Chapin

Independent Director
Appointed January 2013

Ward is currently the VP of Global Information Technology for the Methanex Corporation, and previously held the position of Chief Information Officer at ICBC. Ward was the Chief Information Officer of the Vancouver 2010 Olympic and Paralympic Winter Games, responsible for the implementation and management of all the technology, systems and infrastructure critical for staging and broadcasting the games to a worldwide audience. Ward has been an advisor to several Boards, and is a longtime executive in the financial services industry, building a progressive information technology career with HSBC Bank in London, Paris, and in Canada. Ward, a noted speaker at worldwide conferences, holds a BA, is a graduate of the Institute of Corporate Directors and is fluent in French. Ward's career accomplishments were recognized when he received the 2009 Global Top Ten Leaders and Change Agent Award, the BC Technology Innovation 2010 Person of the Year Award and the IOC's "Ordre Olympique".

Claudia Roszell

Claudia Roszell

Independent Director
Appointed June 2017

Claudia is a seasoned finance professional and risk management executive with a strong background in risk governance, audit standards, assurance over integrity of financial reporting, and business experience in accounting. She has demonstrated experience working with Audit Committees and boards. Claudia is the Vice President, Risk Management and Chief Internal Auditor for TELUS leading enterprise risk, internal audit, SOX, ethics office, insurance & claims and property risk governance functions. Claudia is a member of the Conference Board of Canada Strategic Risk Council Advisory Committee, the TELUS Edmonton Community Board, and has sat on a number of non-profit boards. She is currently the Executive Sponsor for the TELUS Edmonton Women's Connections Network.

Bonnie Andriachuk

Bonnie Andriachuk

Independent Director
Appointed June 2017

Bonnie has worked primarily in the energy industry within North America and developed extensive experience in relation to governance, legal, regulatory and risk management. Currently, she is actively involved in the integration and transformation of Enbridge resulting from one of the largest pipeline mergers in North America. Her responsibilities have included regulatory matters; compliance & ethics management; integrated (governance) management systems; incident investigations; liaising with government agencies; and risk management. Bonnie was formerly a valued member of the Alberta Pensions Services Board from January 2013 - April 2016, and has sat on a number of executive steering committees & boards, mostly recently including the Conference Board of Canada Strategic Risk Council, Edmonton Chamber of Commerce Environment & Energy Policy committee, and Women Building Futures.

Roger Rosychuk

Peter Marsden

Local Authorities Pension Plan Board Representative
Appointed March 2017

Peter has over 30 years of labour relations experience in the municipal and electrical industry. Prior to his retirement in 2016 Peter spent 28 years as full-time President of Local 38, Canadian Union of Public Employees. His experience includes collective bargaining, contract administration, grievances and disputes resolution. Peter has served on many boards including Employment Insurance Board of Referees, Local Authorities Pension Plan, CUPE Alberta and his community association.

Roger Rosychuk

Elaine Noel-Bentley

Public Service Pension Board Representative
Appointed March 2017

A retired senior manager at a major Canadian petroleum company, Elaine has extensive management experience in pension, benefits, compensation and human resources information systems. She also possesses a degree in actuarial science. Elaine has served on several other boards and committees in the human resources program area and has worked in both the public and private sectors.

No Photo

James Fleming

Management Employees Pension Board Representative
Appointed April 2016

Jamie spent the vast majority of his career at the University of Alberta as Director of Investments & Real Estate, managing the University's Endowments and non-Campus real estate assets. He concluded his time at the University as Associate Vice-President, responsible for all of the University's Physical Resources. For 12 years, Jamie served on the Board of the Alberta Teachers' Retirement Fund where he was Chair of the Investment Committee and Vice-Chair of the Board. He also served as Vice President of the Fringe Theatre Adventures Board, as Chair of the Institute for Stuttering Treatment and Research Board, and as a member of the Alberta Municipal Government Board.

Roger Rosychuk

Roger Rosychuk

Special Forces Pension Board Representative
Appointed February 2013

Over his career, Roger held various financial management positions with the City of Edmonton. He has served on many boards and holds an MBA from the University of Alberta.

 

APS Board Charter

The Board of Directors for APS has adopted a Charter that summarizes its governing policies as well as the Board's operating practices. The Charter sets out:

  1. Corporate governance practices and policies
  2. Duties and responsibilities of the Board of Directors
  3. Position descriptions for the Chair of the Board, the Chair of a Board Committee and Directors


On an annual basis the Board reviews the Charter and approves changes as necessary.

Purpose

The Board acts in the best interests of the organization to perform its stewardship responsibilities either directly or through the Committees of the Board, to fulfill its responsibilities for the strategic governance of APS, risk management and oversight of APS operations.

The Board makes recommendations for Board succession planning and for appointment of the CEO to the Minister.

The Board is responsible for reviewing and approving all accountability documents and reporting to the Minister as outlines in the Mandate and Roles Document.

Under the 2013 Mandate and Roles Document between the Minister of Finance and APS, APS' Board of Directors:

  • Provides strategic direction to APS
  • Evaluates and approves strategic plans, annual reports, business plans and budgets proposed by management
  • Monitors and evaluates corporate performance
  • Provides guidance on the resolution of issues of strategic significance