Fay Booker, FCPA-FCA, C.Dir., CIA, CRMA, FCG, Acc.Dir.

Over a 40-year career, Fay has had extensive experience in corporate governance and enterprise risk management. She has directly served Boards in the following roles: partner at two international accounting and consulting firms (Deloitte & Touche LLP, Grant Thornton LLP), Chief Internal Auditor at three regulated financial institutions; SVP Corporate Governance & Risk Management & Corporate Secretary at a large regulated institution; and as a trusted advisor on corporate governance practices and enterprise risk management practices.

Fay has been focused on governance for over 20 years, extending from the Sarbanes Oxley rules-based regime to the current Principles Based Governance regime. She has academic training in governance as well as deep consulting with financial institutions, companies, crown corporations, and not-for-profit organizations. She has also advised federal and provincial regulators in the development of regulations on corporate governance, standards of sound business & financial practices; and enterprise risk management.

Fay has developed innovative and principles-based governance practices which fit a specific organization rather than trying to retrofit one solution into every organization. Booker has advised Boards across Canada on the implementation of sound principles-based governance practices covering the structure of Boards and Board Committees, talented Boards, governance policy framework, implementation of governance practices, and governance accountability reporting. She has been a governance coach for Boards, assisting them in achieving and sustaining good governance practices.

Fay has been the governance expert in litigations which focused on the actions of Boards of Directors. Her governance expert submissions have been impactful in the decision of the cases. She was directly engaged by a regulator to act as the governance expert in two lawsuits against the Boards of a financial institution and by the Director Insurance carrier in two other cases – one regarding a financial institution and one regarding a not-for-profit organization. Fay is recognized as an expert in corporate governance by the Ontario Superior Court of Justice.

Booker is a faculty member for the Director Education and Accreditation Program (DEAP) offered across Canada and the Caribbean by the Chartered Governance Institute of Canada. She wrote the extensive governance textbook used in the accreditation program and designed the material used in the learning session. She is also the author of several governance-level courses offered in the Credit Union Director Achievement (CUDA) Program offered by the Canadian Credit Union Association and is one of the faculty members.

Accreditations that Fay has earned include Fellow Chartered Professional Accountant (FPCA), Certified Internal Auditor (CIA), Chartered Director (C.Dir.), Certified Risk Management Assurance (CRMA), Accredited Director (Acc.Dir.), Fellow Chartered Governance (FCG).