Governance Professionals of Canada (GPC) announces and congratulates the 2018 winners of the Excellence in Governance Awards (EGAs)

TORONTO, Oct. 29, 2018 /CNW/ - The Governance Professionals of Canada ("GPC") handed out the Sixth Annual Excellence in Governance Awards ("EGAs") last night at their awards gala dinner and ceremony held at The Carlu in Toronto.

GPC received over 80 nominations this year from organizations across all sectors. The winners, organized by category, are presented below:

1. Best Practices in Enterprise Risk Management

• Algonquin Power and Utilities Corp.

2. Best Practices in Sustainability and ESG Governance

• Vancouver Fraser Port Authority

3. Best Approach to Achieving Effective Board and Committee Operations

• Meridian Credit Union

4. Best Practices to Enhance Boardroom Diversity

• Royal Bank of Canada

5. Best Practices in Strategic Planning, Oversight and Value Creation by the Board

• Vancouver Airport Authority

6. Best Engagement by a Governance Team

• Ontario Securities Commission (Other Sectors)
• Barrick Gold (Publicly Listed)

7. Best Compensation Disclosure and Communication

• BMO Financial Group

8. Best Practices in Subsidiary Governance

• BMO Financial Group

9. Best Overall Corporate Governance

• Royal Bank of Canada (Publicly Listed)
• Gore Mutual (Other Sectors)

10. Governance Professional of the Year

• Neil Puddicombe, Associate General Counsel, Director of Bank Board Governance, BMO Financial Group

11. Peter Dey Governance Achievement Award

• Tom C. O'Neill, Chairman, Scotiabank

"This has been yet another exciting year for the Excellence in Governance Awards. The overall caliber of the nominations we received this year was outstanding. The shortlisted and winners of these awards send a clear message to their stakeholders that they value governance and are trailblazers." -  Lynn Beauregard, President, Governance Professionals of Canada (GPC).

The final award winners were chosen out of nominations from across Canada in all sectors and markets by a jury panel composed of seasoned and well-respected governance experts. For more on the panel: http://gpcanada.org/EGA_judges/.

The awards highlight the critical role that good governance plays in enhancing the value of Canadian organizations and contributing to the competitiveness of Canada's economy and its capital markets."

As the principal advocate for those who work in corporate governance, GPC strives to enhance the importance of governance and those who work in the field, by advocating for, providing education on and recognizing good governance practices in Canada.

SOURCE Governance Professionals of Canada (GPC)