Olympia Financial Group Inc. (OFGI) conducts most of its operations through its wholly owned subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick and Nova Scotia.
The Foreign Exchange Division (FX) provides corporations and private clients a personalized service of buying and selling foreign currencies. The self-insured, private health services plan division conducts business under Olympia Benefits Inc. (OBI), a wholly owned subsidiary of Olympia. The Registered Plans Division (RRSP) specializes in niche account administration. The Exempt Edge Division (EE) is developing a robust cloud based software for the exempt market.
In 2011, the Olympia Charitable Foundation was formed with a primary goal to allow our staff to be directly involved in deciding how and to whom their charitable funds were donated. The charity's main source of funds is employee donations matched by Olympia Financial Group Inc. In addition, half of the funds raised in the Olympia Trust Company charity golf tournament are donated to the charity. 100% of the operating costs of the charity are paid for by Olympia Financial Group Inc. The Charity pays out 100% of its receipted funds to varying grass roots charitable organizations as chosen by the staff of the Olympia Financial group of companies. We are extremely proud of this staff driven initiative and the ability to help both large and smaller groups from our local communities to the world abroad that are in need of a helping hand. View our Website
The Board of Directors and the management of Olympia Financial Group are committed to leadership in corporate governance. Olympia designed the corporate governance policies and practices to be focused on responsibilities to shareholders and on creating long term shareholder value. Olympia continuously monitors all proposed new rules and modifies policies and practices to meet any additional requirements. An overview of the corporate governance structure is set out below.
This diagram is a simple overview of the corporate governance structure at Olympia Financial Group:
Our Annual Information Form and our Proxy Circular provides further information regarding Olympia's corporate governance. These documents are available for review at www.sedar.com