First Nations Financial Management Board - FMFMB

May 15, 2007
AFOA Canada Appoints Directors to First Nations Financial Management Board (FMB)
The First Nations Financial Management Board (FMB) is one of the four institutions created through the First Nations Fiscal and Statistical Management Act (FSMA) which went into effect April 2006. The Act established a framework to provide First Nation governments with the tools for modern fiscal management available to other local levels of government. The FMB helps First Nations strengthen their financial management systems and provides independent financial management assessment services.

The FMB is managed by a Board of Directors - three of which are appointed by AFOA Canada and the balance of which are appointed by the Governor in Council. The AFOA's appointments to the Board are: Donna Morin for a four year term; Marilyn Osecap for a three year term; and Ernie Daniels for a two year term. The five Directors appointed by the Government of Canada are: Elona Ewing; Ricky Fontaine; Gary Nott ; Jim Prodger; and Barrie Robb. AFOA will be working closely with the FMB to provide the needed capacity development to those communities who wish to use the services of the FMB and other First Nation fiscal institutions.

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