Focus On

Financial Services Regulatory Authority names CEO

Friday, May 25, 2018 @ 11:36 AM | By Carolyn Gruske

Mark White has been appointed as the inaugural chief executive officer of the board of directors of the Financial Services Regulatory Authority (FSRA).

White’s most recent position was senior vice-president and head of enterprise risk at the Bank of Montreal, where he also led the bank’s capital adequacy and analysis and capital management functions.

Prior to that, he was assistant superintendent, head of the regulation sector and part of the executive leadership team at Canada’s bank and insurance regulator the Office of the Superintendent of Financial Institutions (OSFI). Among his responsibilities there, was representing OSFI internationally on the Basel Committee for Banking Supervision.

White has served as managing director and global head of strategic transactions at RBC Capital Markets and as a financial services partner at Ernst & Young LLP/Donahue Ernst & Young, Barristers and Solicitors. He was also the senior vice-president, director and chief counsel with AT&T Capital’s consumer and commercial technology finance business in Canada and in Europe. He began his legal career at Fasken Martineau DuMoulin LLP as a business law lawyer, primarily focused on financial services.

FSRA is a new, independent regulatory agency created to improve consumer and pension plan beneficiary protections in Ontario.