APFC Reviews Governance Recommendations
The Alaska Permanent Fund Corporation’s (APFC) Board of Trustees Governance Committee convened on February 13, as part of its responsibilities to review policies and best practices to support the Corporation’s commitment to strong fiduciary oversight.
“Ongoing governance review is an important part of our fiduciary responsibilities,” said Ethan Schutt, Chair of the Governance Committee. “We are committed to ensuring that APFC’s policies and practices reflect strong governance standards and support effective oversight of the Permanent Fund.”
Based on the governance best-practice recommendations, committee members expressed support for current processes and memorialized procedures for disclosure documentation, investment referrals, remote work flexibility, Trustee orientation, continuing education, relationship building, and public education. The committee’s recommendation will be advanced to the full Board for consideration at a future meeting.
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