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|Commission des valeurs mobilières de l'Ontario
||FOR IMMEDIATE RELEASE
September 9, 2009
OSC Announces Commissioner Appointments
TORONTO – David Wilson, Chair of the Ontario Securities Commission (OSC) announced today the appointments of Commissioners James Carnwath effective August 12, 2009, as well as Sinan Akdeniz and Charles Wesley Moore (Wes) Scott effective September 8, 2009, each for a term of two years.
“I welcome the addition of Messrs. Carnwath, Akdeniz and Scott as Commissioners and Board members,” said Mr. Wilson. “These individuals bring the breadth of knowledge and experience necessary to discharge the adjudicative, as well as regulatory and operational oversight activities of the OSC.”
James Carnwath is a former Justice of the Divisional Court, Ontario Superior Court of Justice and was the Senior Judge for the Central-West Region. He retired after 29 years on the bench. He has served as Chair of the Education Committee of the Canadian Institute for the Administration of Justice, and was responsible for the organization, staffing and course content of the Seminar for Newly-Appointed Federal Judges and for the Judicial Writing Seminar for federally appointed judges. He was called to the Bar in 1962 and holds an Honours Bachelor of Arts degree in English and a Bachelor of Laws degree from the University of Toronto.
Sinan Akdeniz qualified in the United Kingdom as a professional Accountant. He held progressively senior positions with TD Bank Financial Group. Initially joining in an internal audit role, Mr. Akdeniz became a Derivatives Structurer and then progressed to trading management roles of increasing responsibility. Prior to joining TD Bank Financial Group, Mr. Akdeniz worked with Touche Ross & Co. UK and was a Royal Air Force Regiment Officer. He holds an Honours Bachelor of Science degree in physics from the University of Manchester.
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. Throughout his career he held many senior positions in Finance, Operations and Regulatory matters. Mr. Scott 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, Duke University's Centre for Canadian Studies and the Toronto Learning Partnership, of which he was a founding director. Mr. Scott holds a Masters in Business Administration degree from Harvard University and a Bachelor of Commerce from University of Toronto.
As the regulatory body responsible for overseeing the capital markets in Ontario, the Ontario Securities Commission administers and enforces securities legislation in the province of Ontario. The OSC’s statutory mandate is to provide protection to investors from unfair, improper or fraudulent practices and to foster fair and efficient capital markets and confidence in capital markets.
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