GAMA

GAMA Global Canada(GAMA) is a Canadian Association focusing on professional development and networking opportunities for leaders involved in the distribution of financial services. Through its affiliation with The Financial Advisors Association of Canada (TFACC, also known as Advocis), the purpose and operations of the GAMA Board are subject to the TFAAC Board policy “Statement of Committee Governance”

• To promote sound business relationships between leaders in the financial services industry
• To ensure proper and ethical conduct
• To provide a forum for the exchange of ideas related to management and professional development
• To provide leadership in building the confidence of the general public in the need for complete financial planning
• To establish “Management Leadership Awards” to recognize outstanding achievement in management
• To conduct seminars that foster the aims and objectives of the Association
• To work in co-operation with and to make contributions to other industry associations, e.g. Advocis, CLHIA, LIMRA, and MDRT
• To keep members informed on matters and information of general interest
• To co-operate with other professional educational or institutional organizations for the advancement of these objectives
• To review, annually, the Terms of Reference and forward to the TFAAC Governance Committee

• The property and business of GAMA Canada shall be managed by a board of directors (herein referred to as the “Board of Directors” or the “Directors”) comprised of no less than 7 and no more than 15 Directors. The Directors shall be appointed from time to time by the Charter Member at a meeting duly called for the purpose of determining the Directors to be appointed as Directors, such Directors to be chosen by the Charter Member from a list of nominees submitted by the Board of Directors of GAMA Canada. Directors must be individuals, 18 years of age, with power under law to contract. A director must be a member in good standing of GAMA Canada
• The Board of Directors may, at its option, by a majority vote, approve the appointment of additional Directors as deemed required to properly serve its membership
• Directors shall be appointed by the chartered member
• The President will act as Chair
• Staff liaison to be the President & CEO or their designate(s).

• Directors shall be appointed for a term of 2 years
• An elected Director cannot be elected or serve for more than 8 consecutive years plus any years served as Past President
• The term of President shall be for a period of two years

• Majority of the total elected Board of Directors, present in person or by phone
• Decisions may be taken by consensus vote as described above, in addition to during teleconference and in person meetings, by electronic means, which shall include electronic commerce and faxes

• By consensus where possible
• Any questions shall be referred to Robert’s Rules of Order
• President to receive information, agenda, and minutes first for approval
• Agenda and meeting material to be distributed in advance to the Board members within a reasonable period
• Chair shall NOT have a vote
• Any tie will give the Chair a casting vote
• The Immediate Past President does not have voting rights
• Association business to remain with the Association until it is agreed to communicate this business beyond the Association

• Where necessary in the opinion of the GAMA Board
• Technical advisors may sit through one or more meetings

• As the GAMA Board determines
• A minimum of 2 meetings per year, either in person or by teleconference

• Only with approval of the TFAAC Board of Directors