Ontario regulator renews board with new appointments and multi-year re-appointments
The Financial Services Regulatory Authority of Ontario (FSRA) appointed Steve Geist and Douglas E. Turnbull to its Board of Directors for a two-year term starting May 1, and re-appointed Chair Joanne De Laurentiis, Peggy McCallum, and Lucie Tedesco.
Geist brings over 30 years of financial industry experience, having held senior roles at Canadian Imperial Bank of Commerce (CIBC), including CEO of CIBC Asset Management and senior executive vice president of Wealth Management.
He previously worked with TD Asset Management, Fidelity Investments and Price Waterhouse.
He is currently vice chair and director of the Ontario Financing Authority and sits on the boards of Quinte Health, SEI Investments Canada, Royal St. George’s College and the Canada Life Investment Management Independent Review Committee.
Turnbull, with 46 years of experience in investment banking and credit markets, most recently was vice chairman and country head (Canada) at Morningstar DBRS Ltd.
He is now non-executive vice chairman of Morningstar Canada and sits on several boards and advisory committees including Elexicon Corporation and the Canadian Ditchley Foundation.
De Laurentiis’ term as chair has been extended for six months, beginning June 28. She was formerly president and CEO of the Investment Funds Institute of Canada (IFIC), and has held executive roles at Credit Union Central of Canada, Interac and Mondex Canada.
Her previous experience includes the Canadian Bankers Association and the Ontario Government.
She continues to serve on several public and not-for-profit boards, including the Toronto Transit Commission and the Canada Life Funds Independent Review Committee.
Peggy McCallum will continue her board role for another three years, beginning May 18. With nearly four decades of experience in pension and benefits law, she is currently counsel at Fasken Martineau DuMoulin LLP.
McCallum previously worked with the Pension Commission of Ontario and was part of the Sponsors Committee of the CAAT Pension Plan.
She has also held leadership roles within the Ontario Bar Association and the Association of Canadian Pension Management.
Lucie Tedesco’s term has also been extended for three years, starting July 13. Her background includes working as Commissioner and Deputy Commissioner at the Financial Consumer Agency of Canada and as strategic adviser and counsel at McCarthy Tétrault LLP.
Tedesco has held executive positions at Export Development Canada and served on boards including the Canada Deposit Insurance Corporation and the International Financial Consumer Protection Organisation.
She is currently on the boards of The Ottawa Hospital, the University of Ottawa and a federally regulated financial institution.
