Board of Directors


Tradex is dedicated to following best practices in corporate governance. We are governed by a 10 member Board of Directors – 9 of whom, including the Chair, serve in the spirit of volunteerism and are completely independent of management. These nine individuals are all current or retired senior public sector or quasi-public sector professionals. The Board meets at least seven times per year and the Directors also receive an extensive monthly briefing package.

Bob Baldwin

Director, is an Ottawa-based pension consultant. He is a director of Addenda Capital and chairs the board of trustees of a multi-employer pension plan. Past assignments include Director of the Social and Economic Policy Department at the Canadian Labour Congress, Director of PSP Investments and member and Chair of the Canada Pension Plan Advisory Board. He is a frequent author and speaker on pension issues. Bob has a Bachelor of Arts and Master of Arts from University of Western Ontario.

Phil Charko

Phillip Charko

Director and Chair, has extensive experience in the fields of pensions, benefits, and compensation and played a significant role in the establishment of the Public Sector Pension Investment Board. Before retiring in December 2008, he was the Assistant Secretary, Pension & Benefits Sector, Treasury Board Secretariat of Canada. He has a postgraduate degree in Canadian Studies from Carleton University and a PhD in Political Studies from Queen’s University. He is a member of the Institute of Corporate Directors and has received ICD.D certification.

Monique Collette

Monique Collette

Director and Treasurer, retired from the Public Service of Canada after a career spanning 37 years. She has a vast experience in the fields of economic and social development and management. A translator by profession, she rose to the highest rank of the Public Service of Canada, that is that of Deputy Minister and her last postings were Senior Advisor to the Privy Council of Canada and President of the Atlantic Canada Opportunities Agency. Monique is the former Chair of the Public Service Pensions Advisory Committee, has ICD.D certification, holds 2 Honoris Causa degrees from U de M and UPEI and is an officer of the Ordre national du mérite de la France.

Blair Cooper

Blair Cooper

President, Chief Executive Officer and Chief Financial Officer (see Management Team)

Patricia Hassard

Patricia Hassard

Director and Secretary, retired in 2013 after a 30-year career in the federal Public Service. After holding senior management positions with Emergency Management and National Security Branch, Public Safety and Emergency Preparedness Canada, she spent her final 6 years as Deputy Secretary to the Cabinet (Senior Personnel), Privy Council Office. Patricia obtained her Bachelor of Law from the University of Western Ontario after obtaining a Bachelor of Arts, History and Anthropology from Wilfrid Laurier University.

Blake Johnston

Blake Johnston

Director, is President of Diligence Public Affairs Inc. and has over 18 years of experience in politics and public affairs. He spent 6 years as an advisor to federal cabinet ministers in three portfolios, and over a decade since in public affairs with a focus on regulatory policy and risk management communications, primarily for clients in the health, life-sciences and agri-food sectors. He has a Bachelor of Arts in Canadian History from Acadia University and also studied journalism prior to starting his career as a staffer on Parliament Hill.

Tom MacDonald

Tom MacDonald

Director, retired from Global Affairs Canada in 2016 after 41 years. His appointments included Ambassador to Saudi Arabia, (2012-2015), Canadian Consul General, Sydney, Australia (2007-2011), Director General, Central, Eastern & Southern Europe (2004-2007), Ambassador to Argentina & Paraguay (2001-2004), Minister (Commercial/Economic) at the Canadian High Commission in London & Canada’s Alternate Director at the European Bank for Economic Development (1996-2001) and Director General, Canada-US Trade & Economic Relations (1994-1996). Tom earned his MA in Latin American History from U of Calgary after obtaining his Hon. BA in History/Political Science from Queen’s University.

David Plunkett

David Plunkett

Director, retired from the Public Service of Canada after a 34-year career. David joined the Foreign Affairs and International Trade as a Trade Policy Officer and went on multiple postings to Geneva, Washington, D.C., and London. In his last posting in Brussels he served as Ambassador of Canada to the EU until his retirement in 2015. David has a Bachelor of Arts from University of British Columbia and Master of Arts from University of Nijmegen in the Netherlands.

Hanny Toxopeus

Hanny Toxopeus

Director, retired in 2013 after serving as Chief Executive Officer of the Association of Professional Executives of the Public Service of Canada (APEX). For the previous 16 years of her public service career she was responsible for major international governance projects which were designed to share Canadian public sector expertise. Hanny is a graduate of Carleton University and of the University of Toronto.

Karin Zabel

Karin Zabel

Director, Vice-Chair and Chair of the Audit Committee, is a Chartered Accountant and has over 25 years of experience in the private and public sectors. From 1998 to 2009 Karin was a Vice-President, of the Canadian Tourism Commission, including being the Chief Financial Officer of the Commission. She has a Bachelor of Commerce degree from McMaster University. She has also served as President of Big Sisters of Ottawa and President of the Risk and Insurance Management Society, Ottawa Chapter. She is a member of the Institute of Corporate Directors and has received ICD.D certification.

Ontario budget statement

    On May 2, 2013, the Ontario government delivered its budget which included the following statement:
    The government strongly supports broader gender diversity on the boards and in senior management of major businesses, not-for-profit firms and other large organizations. In conjunction with others, including the OSC, the government will consider the best way for issuers to disclose their approaches to gender diversity, with a view to increasing the participation of women on boards and in senior management.

Corporate Governance Disclosure

Tradex Equity Fund Limited

    • The board consists of ten directors to be elected annually. Each director will hold office until the next annual meeting and until his or her successor is duly elected, unless his or her office is earlier vacated in the accordance with the by-laws.

    • The Board believes that the appropriate size for the Tradex Equity Fund Board is up to 10 members.

    • The Board should be comprised of up to 9 independent Directors and the CEO.

    • The Board is responsible for selecting its own members, and for assessing the performance of individual Directors, as well as the effectiveness of Board committees and the Board of Directors as a whole. The Board delegates management of the selection processes to the Governance Committee along with ensuring adequate board renewal and maintaining the required skills.

    • Effective 2011 Directors of Tradex Management Inc. (generally matching Tradex Equity Fund) are elected on staggered three-year terms to ensure continuity and for Board renewal it is anticipated Directors will not serve more than three consecutive terms.

    • The Directors are elected each April at the Annual General Meeting held at the RA Centre.

    • The Board ultimately determines nominees that will be included in the Corporation’s management proxy circular.

    • The Board supports the principle that its membership should represent a diversity of backgrounds, experience and skills in order to function properly and ensure adequate representation of our stakeholders. Specifically, the board has a policy that women should represent 30% or more of the board (OSC TSX survey November 2013 57% of respondents have no women directors, 28% have 1 woman director and 3% have 3 women directors).

    • The board has also established a policy whereby 20% or more of the executive officer positions should be held by women (OSC TSX survey November 2013 53% of respondents indicated that women hold less than 10% of their executive officer positions).

    • The governance committee is tasked with measuring the effectiveness of these policies.

    • Currently, women represent 40% of the Tradex Equity Fund Limited board of directors and 60% of the executive office positions.