Governance

As a member-owned and purpose based cooperative, we value strong governance.

When you join Libro, you become an Owner. That means you have a say in how we do business and how our business impacts the communities where you live, work and play. Libro is a democracy where your voice matters and makes a difference, so we are proud to have a unique and award-winning Governance structure that ensures our Owners’ voices are heard.

We encourage you to stay informed with what’s going on in your community and engage with Libro by talking to your Owner Representative about issues and opportunities.

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Owner Representatives

Owner Representatives are Libro ambassadors who are highly informed on governance, strategic, and community based initiatives that support our local communities. Libro’s Owner Representatives carry the vote of our Owners to make informed governance decisions.

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Board of Directors

The Board of Directors at Libro ensures our Owners continue to be placed first in all that we do by creating a long-term sustainable plan, maintaining effective risk oversight, supporting a world-class governance structure and engaging leadership to lead dedicated staff teams.

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Nominations & Elections

Each November Owners elect, by ballot or through acclamation, Owner Representatives in each Libro Region to begin a term on the Regional Council the following January. These passionate individuals in turn elect our Board of Directors on behalf of all Owners at Libro’s Annual General Meeting.

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Testimonial

“It is always rewarding to have your voice requested by the decision makers – be it the CEO, a board member, branch manager, or branch staff, but most rewarding is interacting with fellow Libro owners. Sharing in their pride of ownership and understanding of the value of the co-operative movement.”

– Jeff McCallum
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Networking

Meet, share and learn with individuals who are passionate about a local financial institution building prosperity for all of its Owners, while working towards a better southwestern Ontario for all.

Growth

Community Involvement

Help your local community grow and prosper through the Libro Prosperity Fund and play a key role in determining where and how Libro invests in your neighbourhood. When our communities win, we all win!

Personal Growth

Benefit from valuable training and experience as a Libro Owner Representative that will prepare you to serve in other community positions and roles, and on boards and committees in the non-for-profit sector.

Click below to watch a recording of our 7th Annual General Meeting which took place on April 17, 2021. You’ll find more information about our Owner Representatives, Board of Directors, and nominations and elections further down the page.