Board commis­sions and commi­ttees

The Audit and Inspection Commission (AIC) is established under the Act respecting financial services cooperatives and acts as the audit committee for the Federation's inspection activities. The AIC reviews all financial information, supervises the required reporting activities and plays a lead role in overseeing internal controls for financial disclosure and assessing their accuracy. It has a direct line of communication with the Desjardins Group Monitoring Office, which oversees the internal audit of Desjardins subsidiaries and components and the inspection of Quebec caisses and Caisse Desjardins Ontario Credit Union Inc. It also has a line of communication with the external auditors, should the need arise to discuss or review any issues. The AIC also ensures that Desjardins Group's internal audit function remains independent and adopts the internal audit charter and audit plan.

This commission assists the Board with issues related to Desjardins Group's cooperative and democratic culture as it pertains to our mission and values and their consideration in commercial and management practices and our cultural shift. It ensures effective and efficient implementation of mechanisms for collaboration, participation and liaison with the network.

The Risk Management Commission's main role is to assist the Board with overall strategies and directions for risk management. It ensures the implementation of an integrated risk management framework and standards and policies that establish the rules for accepting, monitoring, managing and reporting the material risks that Desjardins is exposed to. It also monitors compliance with Desjardins Group's risk appetite framework and examines the steps that need to be taken when established limits are exceeded.

To learn more about the commission’s work, refer to the Rapport de la commission Gestion des risques 2025 (in French only, PDF, 443 KB).

This commission supports the Board in applying and updating Desjardins Group's framework for corporate governance, sustainable development and responsible finance. It monitors best practices and examines guidelines and reports issued by regulatory authorities. It also assists the Board in administering its relationship with management and maintaining its independence. It oversees the performance review program for members of the Board and its commissions and committees, as well as the onboarding and skills development program for Federation directors. In addition, it examines Desjardins Group's Social and Cooperative Responsibility Report and the Climate Action at Desjardins report and recommends their adoption to the Board.

The Human Resources Commission supports the Board in its guidance, planning and oversight activities by making recommendations on human resources. This committee also helps the Board with questions about compensation, working conditions, annual objectives and their assessment, and succession planning for the President and CEO.