CISRO names new chair

Patrick Ballantyne brings over 30 years of experience to the organization

CISRO names new chair

The Canadian Insurance Services Regulatory Organizations (CISRO) has announced the appointment of Patrick Ballantyne as the new CISRO chair.

As the CEO of the Registered Insurance Brokers of Ontario (RIBO) since 2016, Ballantyne brings to CISRO more than three decades years of leadership experience in legal and regulatory compliance within the financial services industry.

He was called to the Ontario Bar in 1987, marking the beginning of a distinguished career in the field.

Upon his appointment, Ballantyne thanked the outgoing chair, Eric Jacob, for his commendable leadership.

“I would like to thank [Jacob] for his steady and professional leadership as CISRO Chair. Under Eric's leadership, CISRO has invested in important activities to strengthen the organization while pursuing initiatives in close collaboration with the Canadian Council of Insurance Regulators to enhance the fair treatment of customers," said Ballantyne.

He emphasized the honor he feels in taking up the role of CISRO Chair and his enthusiasm for working with CISRO members to advance the organization's Strategic Plan.

Ballantyne's appointment signals a continued commitment to excellence in regulatory leadership within Canada's insurance sector, aiming to uphold and enhance the fair treatment of customers and strengthen the industry's regulatory framework.