CAFII names new board chair

Peter D. Thompson will replace Chris Lobbezoo, who served for two years

CAFII names new board chair

Peter D. Thompson has been appointed as the new Chair of the Board of Directors for the Canadian Association of Financial Institutions in Insurance (CAFII). Following this announcement, Thompson will replace Chris Lobbezoo, who served as Chair for two years.

As president and chief executive officer of National Bank Insurance, Thompson has served as CAFII's vice-chair since 2020 and as a director since 2019.  He has been responsible for all areas of the insurance division at National Bank of Canada, the country’s sixth-largest commercial bank.

Thompson has also served as the Big Six bank’s Vice President for Real Estate, Canada where he served as Head of Real Estate and Construction Financing across the country. He was responsible for the development and execution of the bank's real estate and construction financing strategy, including expansion across Canada.

“On behalf of CAFII’s Board, I want to thank Chris Lobbezoo for guiding our Association through the unprecedented challenges presented by the COVID-19 pandemic over the last two years,” said Thompson.

“Under Chris’ leadership, CAFII was able to successfully pivot its member meetings and services, as well as its relationship-building and communications with insurance regulators and policy-makers to online channels. In addition, the Association was able to adroitly turn its research focus to the impact of the pandemic on how Canadians want to conduct insurance transactions in future,” Thompson added.  

Lobbezoo, Vice President of Creditor insurance at RBC Insurance, continues to serve as a director for his member company on the CAFII Board.

“I want to thank my fellow directors, the member volunteers who serve on CAFII committees, and the Association’s leadership team for their support during my term as Chair,” said Lobbezoo. “Going forward, CAFII is in very experienced, capable hands with Peter D. Thompson as Chair and I wish him the best of luck in guiding the Board in setting our Association’s strategic direction and achieving much continued success.”  

Thompson graduated with an MBA in Finance at Ivey Business School at Western University and a BSc in Economics and Psychology at Trent University.