About the OSC

Members of the Commission


Each Member of the Commission is appointed for a fixed term by the Lieutenant Governor in Council. The Commission must be composed of at least nine Members but not more than 16.

At present, the Commission is composed of 15 Members. Three Members are full-time − the Chair and two Vice-Chairs − and 12 are part-time. The Chair of the Commission is both Chair of the Board and Chief Executive Officer, as set out under the Securities Act (Ontario).

Howard I. Wetston, Q.C., Chair
Mary G. Condon, Vice-Chair
James E. A. Turner, Vice-Chair
Sinan O. Akdeniz
Catherine Bateman
James D. Carnwath, Q.C.
Sarah B. Kavanagh
Edward Kerwin
Vern Krishna, Q.C.
Deborah Leckman
Alan Lenczner, Q.C.
Christopher Portner
Judith N. Robertson
AnneMarie Ryan
Charles Wesley Moore Scott




Howard I. Wetston, Q.C.

THE HONOURABLE MR. HOWARD I. WETSTON, Q.C.


Chair

   

Mr. Wetston is a respected public servant and a distinguished lawyer, jurist, regulator and executive. He is one of Canada’s most prominent leaders in administrative law and regulation with deep expertise in securities, energy, competition and other regulated industries.

He has been the Chair & CEO of the Ontario Securities Commission since 2010, was the Chair & CEO of the Ontario Energy Board from 2003 to 2010, and was a Vice-Chair of the OSC from 1999 to 2004. The OSC and OEB are two of the largest and most complex industry regulators in Canada.

In addition to his duties as OSC Chair, Mr. Wetston is a Vice Chair of the Board of the International Organization of Securities Commissions (IOSCO). IOSCO is the leading international policy forum for securities regulators and is recognized as the global standard setter for securities regulation.

Mr. Wetston was granted the title “Honourable” after an exemplary six years as a Trial Judge at the Federal Court of Canada and Ex-officio Judge of its Appeal Division.

He was appointed Q.C. during his seven years as a prominent regulator working up to the level of Director of Investigations & Research (now Commissioner of Competition) at the federal government’s Bureau of Competition Policy.

He spent the first 12 years of his career as a lawyer achieving the positions of General Counsel at the Canadian Transport Commission and Assistant General Counsel at the National Energy Board. Mr. Wetston was also General Counsel and Program Director at the Consumers’ Association of Canada. Before that, he was a Crown Counsel in Nova Scotia and at the federal Department of Justice. He has worked in private practice in Montreal and Calgary and articled in private practice in Halifax.

In addition, Mr. Wetston has been a Board Director of Mount Sinai Hospital since 2004. He is a member of the Advisory Board for The Program on Ethics in Law and Business at the University of Toronto and is a member of the Shannon School of Business Advisory Board at Cape Breton University. He was a lecturer of competition law and regulated industries at the University of Ottawa for seven years.

Mr. Wetston holds an LL.B. from Dalhousie and a B.Sc. from Mount Allison and has been called to the Bar in Nova Scotia, Ontario and Alberta. He holds the ICD.D designation from the Institute of Corporate Directors. He holds honorary doctorate degrees from Cape Breton University and Dalhousie University.


  Appointed: November 2010
Reappointed: May 2012
Term expires: November 2015




Mary G. Condon

MARY G. CONDON BA, MA, LLM, SJD


Vice-Chair

Professor Mary Condon is a leading academic in the area of securities law. She teaches securities law at Osgoode Hall Law School, and also directs and teaches in its part-time LLM program specializing in securities law.

She is co-author of Securities Law in Canada: Cases and Commentary (2nd ed. 2010) and Business Organizations: Principles, Policies and Practice (2007), and author of Making Disclosure: Ideas and Interests in Ontario Securities Regulation (1998). She is also the author of numerous articles, book chapters and commentaries on topics related to securities regulation and pension policy, and has presented conference papers and given lectures nationally and internationally.

Prior to her appointment as Vice-Chair, Professor Condon served as a Commissioner to the OSC for over three years.

Professor Condon is a member of the Board of Trustees of the York University Pension Fund and is a member of the Investor Education Fund board of directors.
Appointed: June 2011
Term expires: May 2014

Committees:
  • Adjudicative Committee



James E. A. Turner

JAMES E. A. TURNER


Vice-Chair

   
James Turner brings over 30 years of legal experience, specializing in corporate, securities, mergers and acquisitions and corporate governance matters to his role as Vice-Chair. Prior to joining the Commission, Mr. Turner was a senior partner with Torys LLP where he advised numerous public companies and boards of directors in connection with governance matters, fiduciary duties, public takeover bids and mergers and acquisitions.

Mr. Turner is a former General Counsel of the Ontario Securities Commission (1987-88). He is recognized internationally as a leading practitioner in capital markets, mergers and acquisitions and securities law.
  Appointed: February 2007
Reappointed: February 2012
Term expires: February 2015

Committees:
  • Adjudicative Committee



Sinan O. Akdeniz

SINAN O. AKDENIZ


Chair, Audit and Finance Committee

Sinan Akdeniz has over 10 years of experience in institutional trading, operations, derivatives and structured products, in Canada and internationally. He retired in 2008 as Vice Chair and Chief Operating Officer of TD Securities, after holding positions of increasing responsibility in trading management within TD Bank Financial Group. He brings a strong understanding and practical experience to issues relating to product structure, systemic risk and rapidly evolving marketplaces.

Prior to joining TD Bank Financial Group, Mr. Akdeniz worked with Touche Ross & Co. UK, as a Chartered Accountant.
Appointed: September 2009
Reappointed: September 2012
Term expires: September 2014

Committees:
  • Audit and Finance Committee (Chair)
  • Human Resources and Compensation Committee



Catherine Bateman

CATHERINE BATEMAN



Catherine Bateman brings over 30 years of experience as an audit partner in public company accounting, audit and advisory services across a broad spectrum of industries. She is a senior partner at Deloitte and has served as Vice-Chair and member of the Board of Directors of the firm. Prior to that, she was the Managing Partner, Industries at Deloitte following a six-year term as the National Financial Services Industry leader.

During her career, Ms. Bateman has participated on more than 30 audit committees of public companies. She has conducted numerous compliance and governance reviews, operational and reputational risk reviews, and special investigations into regulatory irregularities of public companies.

Ms. Bateman is a Fellow Chartered Accountant (FCA) and Chartered Accountant (CA). She has a BA in mathematics from Oxford University (Wadham College). She serves on the board and finance committee of Canadian Stage. She is a Governor and chairs the finance and audit committee of Royal St. George’s College.
Appointed: March 2013
Term expires: March 2015

Committees:
  • Audit and Finance Committee



James D. Carnwath Q.C.

THE HONOURABLE JAMES D. CARNWATH Q.C.


Chair, Adjudicative Committee

The Honourable James Carnwath brings over 45 years of legal, adjudicative and administrative law experience to the Commission’s adjudicative function. Called to the Bar in 1962, he was a Bencher of the Law Society of Upper Canada from 1974 to 1980, when he was appointed to the Bench.

He served as regional Senior Judge for the Central-West Region from 1994 to 1999. He transferred to Toronto in 2000 and sat mainly in Divisional Court. He retired from the Ontario Superior Court of Justice in September 2009.
Appointed: August 2009
Reappointed: August 2012
Term expires: August 2014

Committees:
  • Adjudicative Committee (Chair)
  • Governance and Nominating Committee



Sarah B. Kavanagh

SARAH B. KAVANAGH



Sarah Kavanagh has over 20 years of experience in investment banking in Canada and the United States. Most recently, she held senior positions with Scotia Capital’s investment banking group, where she was responsible for key industries in the Ontario economy, such as media, telecommunications, consumer products, forestry and power, and was actively involved in numerous IPO and public equity and income trust financings. Ms. Kavanagh has also held senior finance positions at several Canadian corporations.

Ms. Kavanagh has an MBA from Harvard Business School and a BA in economics.
Appointed: June 2011
Reappointed: May 2013
Term expires: May 2016

Committees:
  • Audit and Finance Committee
  • Governance and Nominating Committee



Edward Kerwin

EDWARD KERWIN



Edward Kerwin brings extensive legal expertise, knowledge of the capital markets and experience as a director to the Commission’s regulatory, adjudicative and operational functions.

Mr. Kerwin has more than 35 years of experience in securities, mergers and acquisitions, and corporate governance law. As a partner of McCarthy Tétrault from 1979 until his retirement in 2009, he advised major investment dealers on securities offerings by reporting issuers and advised the senior management of issuers. He practised law in Toronto, Calgary and London, U.K., wrote more than 60 articles, and lectured nationally and internationally.

Mr. Kerwin was called to the Ontario bar in 1973 and the Alberta bar in 1981. He holds the ICD.D designation and has served on the boards of a number of TMX-listed corporations, arts organizations, and university and charitable bodies.
Appointed: January 2011
Reappointed: December 2012
Term expires: January 2016

Committees:
  • Adjudicative Committee
  • Human Resources and Compensation Committee



Vern Krishna, CM, Q.C., FCGA

VERN KRISHNA, CM, Q.C., FCGA



Vern Krishna, practises tax litigation, mediation and arbitration in the International Tax and Wealth Management Practice of Borden Ladner Gervais LLP in Ottawa.

Since 1981, Mr. Krishna has taught tax, finance and corporate law as a full professor in the Faculty of Law of the University of Ottawa. He is also the Executive Director of the CGA Tax and International Business Research Centres at the University of Ottawa.

Mr. Krishna is a Member of the Order of Canada. He previously served as an OSC Commissioner from 1994 to 1997.
Appointed: October 2010
Reappointed: October 2012
Term expires: October 2014

Committees:
  • Adjudicative Committee
  • Audit and Finance Committee



Deborah Leckman

DEBORAH LECKMAN, MBA, CFA



Deborah Leckman is a senior investment executive with over 30 years of experience in the pension fund and retail wealth industries, including over 20 years as a portfolio manager.

Most recently, Ms. Leckman was a Senior Vice President at TD Waterhouse, where she was responsible for providing research, recommendations and education to over 1,200 private investment advisors, financial planners and private investment counsellors across Canada. Prior to joining TD Waterhouse, she was responsible for the $15 billion actively managed public equity program at OMERS.

Ms. Leckman is a Chartered Financial Analyst and has an MBA from McGill University. She serves on the financial affairs committee of Family Services Toronto, and serves on the board of the CODE Foundation.
Appointed: February 2013
Term expires: February 2015

Committees:
  • Human Resources and Compensation Committee



Alan Lenczner

ALAN LENCZNER, Q.C.



Alan Lenczner is a founding member of Toronto law firm Lenczner Slaght. He has over 40 years of experience in civil litigation with emphasis on commercial litigation, class action cases, professional liability and securities litigation. During his career, he has argued more than 200 full trials and appeals. He is a frequent lecturer on a broad range of legal topics ranging from fiduciary duty to constitutional law, and has taught trial advocacy at the University of Toronto and Osgoode Hall law schools.

Mr. Lenczner was appointed Queen’s Council in 1982. He was called to the Ontario bar in 1969. He is a member of the Advocates’ Society and is a Fellow of the American College of Trial Lawyers.
Appointed: February 2013
Term expires: February 2015

Committees:
  • Adjudicative Committee



Christopher Portner

CHRISTOPHER PORTNER


Chair, Governance and Nominating Committee

Christopher Portner brings extensive legal, mergers and acquisitions and governance expertise to the Commission, particularly with respect to fulfilling its public interest mandate.

Mr. Portner has been a partner at Osler, Hoskin and Harcourt LLP for 30 years. His practice is focused on mergers and acquisitions and corporate governance. He has advised major public and private corporations in the energy and financial services sectors on mergers and acquisitions transactions and on corporate, finance, regulatory and governance matters. In addition, he has provided regulatory advice to Ontario and federal Crown corporations.

Mr. Portner was called to the Quebec bar in 1972 and the Ontario bar in 1980. He is a director of the Wellspring Cancer Support Foundation.
Appointed: December 2010
Reappointed: December 2012
Term expires: December 2015

Committees:
  • Adjudicative Committee
  • Governance and Nominating Committee (Chair)




Judith N. Robertson

JUDITH N. ROBERTSON, CFA


Chair, Human Resources and Compensation Committee

With over 25 years of international financial services experience in senior positions in both buy-side and sell-side firms, Judith Robertson brings substantial expertise in securities markets, infrastructure, trading technologies, securities lending and investment products.

Most recently, Ms. Robertson was President and CEO of Belzberg Technologies Inc., a provider of integrated trading technology and brokerage services. Prior to joining Belzberg, Ms. Robertson was Executive Vice President with Perimeter Financial Corp., was CEO of Markets Inc. and was a Managing Director with Barclays Global Investors in San Francisco, London and Toronto.

Ms. Robertson is a Chartered Financial Analyst and has been an active participant in industry issues, serving as Chair of the Implementation Committee for the Order Protection Rule and as a member of the Market Rules Advisory Committee of IIROC. In addition, Ms. Robertson serves on the board of MPrime Network, a Network of Centres of Excellence for the mathematical sciences.
Appointed: June 2011
Reappointed: May 2013
Term expires: May 2016

Committees:
  • Governance and Nominating Committee
  • Human Resources and Compensation Committee (Chair)



AnneMarie Ryan

ANNEMARIE RYAN, MBA



AnneMarie Ryan brings over 35 years of experience in the capital markets as a senior executive in the areas of strategic planning, market structure, trading technology and transaction processing for institutional and retail brokerages.

Most recently, Ms. Ryan was President of AMR Associates, a consulting firm specializing in business strategy, trading technology and regulatory matters, where she provided guidance to senior executives in the securities industry. Prior to that, she had an extensive career as a senior executive at a number of financial services firms.

Ms. Ryan is Past Chair and a member of the board of Women in Capital Markets, and is a member of the boards of Benefaction Foundation and Epilepsy Canada.
Appointed: February 2013
Term expires: February 2015

Committees:
  • Governance and Nominating Committee



Charles Wesley Moore Scott

CHARLES WESLEY MOORE SCOTT


Lead Director

Wes Scott is a retired corporate executive who spent over 30 years in the Bell Canada group, retiring in 2001 as Chief Corporate Officer of BCE Inc. and Vice Chairman of Bell Canada. As former Chief Financial Officer of two of the country’s largest reporting issuers, Mr. Scott has extensive experience dealing at the board level with complex financial, strategic and operational issues. As former Chief Regulatory Officer of Bell Canada, he brings experience with administrative tribunals and their processes. He also brings a strong understanding of financial reporting, disclosure and control from the perspective of reporting issuers and investors.

Mr. Scott is currently the Chair of the Aviva Canada board of directors and has been a member of many public and private company boards in Canada and the United States. He has been an active volunteer, notably with the Hospital for Sick Children.
Appointed: September 2009
Reappointed: September 2012
Term expires: September 2014

Related - Members of the Commission