About

Members of the Commission

Each Member of the Commission is appointed for a fixed term by the Lieutenant Governor in Council. The Commission is composed of at least nine Members but not more than 16, provided that if the Commission has at least two Members, but less than nine, it shall be properly constituted for a period not exceeding 90 days.

At present, the Commission is composed of nine Members. Three Members are full-time − the Chair and Vice-Chairs − and eight 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).

Maureen Jensen, Chair and CEO
Tim Moseley, Vice-Chair
D. Grant Vingoe, Vice-Chair
Mary Anne De Monte-Whelan
Garnet W. Fenn
Lawrence P. Haber, Lead Director
Craig Hayman
Raymond Kindiak
Poonam Puri
M. Cecilia Williams
Heather Zordel

 

Maureen

MAUREEN JENSEN


Chair and CEO
 

Maureen Jensen is the Chair and Chief Executive Officer of the Ontario Securities Commission (OSC), which administers and enforces securities law in the capital markets of the province of Ontario.

Prior to her appointment as Chair and CEO, Ms. Jensen was the Executive Director and Chief Administrative Officer of the OSC. As the senior member of staff, she was responsible for coordinating and managing the organization’s day-to-day operations, including its enforcement, market regulation and compliance functions. In addition, she provided leadership and direction on policy development and implementation, as well as strategic securities, regulatory and enforcement policy and program analysis. Ms. Jensen was also an executive sponsor of various regulatory policy initiatives.

Before joining the OSC, Ms. Jensen was Senior Vice-President, Surveillance and Compliance at the Investment Industry Regulatory Organization of Canada (IIROC), the national self-regulatory organization that oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. At IIROC, she was responsible for all of its compliance and market surveillance functions, including market surveillance and prudential and business conduct regulation of all registered dealers and registrants.

Prior to the formation of IIROC in 2008, Ms. Jensen was President and CEO of Market Regulation Services Inc. (RS), the independent national market regulation services provider for Canadian equity markets. At RS, she was responsible for overseeing all of its corporate and regulatory functions and the development of strategic initiatives that promote market integrity. During her tenure, Ms. Jensen also held the positions of Vice President, Market Surveillance, and later Vice President, Market Regulation Eastern Region.

Ms. Jensen has also held senior positions in regulatory and business portfolios at the Toronto Stock Exchange and had a 20-year career in the mining business, holding both executive and technical management positions with several resource companies.

Ms. Jensen is a Registered Professional Geoscientist (P.Geo) and holds the ICD.D designation.

Appointed Chair and CEO: February 2016
Chair and CEO term ends: February 2021

Committees:
  • Governance and Nominating Committee (non-voting member)
 

Timothy Moseley

TIM MOSELEY, LLB, MBA, ICD.D


Vice-Chair
 
Tim Moseley brings global regulatory expertise and a unique securities litigation and enforcement background to the Commission. He was most recently the Senior Vice-President and Chief Compliance Officer for the Canadian Imperial Bank of Commerce’s worldwide operations from 2004 to 2014. Before that, he headed CIBC’s Canadian compliance operations and had led the litigation groups of CIBC and Merrill Lynch Canada. From 1995 to 2001, he was litigation counsel in the OSC’s Enforcement branch, with the last two years as Manager of Litigation. Mr. Moseley is a Co-Chair of the Laskin Moot, the national bilingual moot court competition in administrative law, and has been a regular lecturer on business ethics in the MBA programmes at Queen’s University and York University, and in administrative law at the University of Toronto. Mr. Moseley received a Bachelor of Laws degree from the University of Toronto and an MBA from Queen’s University. He was called to the bar of Ontario in 1989. Mr. Moseley was a Part-time Member of the Commission from January 2015 until his appointment as Vice-Chair in November 2017. Appointed: November 2017
Term ends: November 2019

Committees:
  • Adjudicative Committee (Chair)
  • Risk Committee
 

Grant Vingoe

D. GRANT VINGOE, BA, LL.M., JD, ICD.D.


Vice-Chair
 

Grant Vingoe is a leading counsel on securities law in the U.S. and Canada, who has extensive experience as a leader on cross-border securities initiatives and a background in corporate governance and regulatory policy. He has been a partner with international law firms in Toronto and New York, most recently with Norton Rose Fulbright where he specialized in the regulation of financial institutions and capital market transactions. He is a former independent director of the Investment Industry Regulatory Organization of Canada (IIROC) and was Chair of its Corporate Governance Committee.

Mr. Vingoe is a graduate of Osgoode Hall Law School and received his LL.M. from the New York University School of Law. He has served as Counsel to the Toronto Stock Exchange and as guest lecturer at Osgoode Hall Law School as part of its LL.M. Securities Law Program. He is a member of the Canadian Bar Association Subcommittee on Securities Regulation and the Canadian Centre for Ethics & Corporate Policy.

Appointed: August 2015
Reappointed: August 2017
Term ends: August 2019


Committees:
  • Adjudicative Committee
 

Mary Anne De Monte-Whelan

MARY ANNE DE MONTE-WHELAN



 

Mary Anne De Monte-Whelan is an experienced corporate finance professional. Her background includes investment banking, equity analysis, corporate banking and risk analysis. She was an Adjunct Professor in Finance at the Rotman School of Management, University of Toronto, and also developed and delivered programs in Finance to international executives with the Executive Education programs at the Schulich School of Business, York University. She has been a speaker/lecturer on international finance and investments to diverse audiences both national and international. Ms. De Monte-Whelan is a past member of the Board of Directors of Youthlink, which also included being Chair of the Finance Committee and a member of the Audit committee; on the Board of Enterprise Ireland Wireless Advisory Board; Chair of the Baby Point Heritage Foundation; and Chair and Founder of the St. Joe’s Plate, an annual fundraising event which raises money for mental health at St. Joseph’s Hospital.  She holds a Master of Business Administration degree from the University of Windsor and a Bachelor of Science degree from the University of Toronto.

Appointed: February 2019
Term ends: February 2021

Committees:
  • Audit and Finance Committee
  • Risk Committee
 

Garnet W. Fenn

GARNET W. FENN, CPA, CA, CMA, CGA (Ontario), CPA (Michigan)



 

Garnet Fenn was a senior finance executive in the automotive industry and is a sessional instructor in Finance and Accounting at the Odette School of Business, University of Windsor. Mr. Fenn brings extensive experience in all areas of finance in Canada, the United States, and internationally. He recently retired as the Group Global Assistant Treasurer of Chrysler LLC and was formerly VP CFO/Treasurer of Chrysler Canada Ltd. He has also held positions at KPMG Chartered Accountants, The Hospice, and RBC Dominion Securities.

Mr. Fenn holds several accounting, investment, and corporate governance designations and is a former voting member of the Canadian Audit and Assurance Oversight Council. He has completed executive programs at the University of Western Ontario, INSEAD (Paris), and IMD (Switzerland). He has an H.B.Comm and MBA from the Odette School of Business and is currently a DBA candidate at Edinburgh Business School.

Appointed: July 2015
Reappointed: July 2017
Term ends: July 2019

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

LAWRENCE P. HABER

LAWRENCE P. HABER


Lead Director
 
Lawrence (Lorie) Haber has had a diverse career in the financial industry and the capital markets – as a senior executive in the financial industry with National Bank Financial and DundeeWealth; as a securities lawyer and partner at Fogler, Rubinoff; as a corporate board member of several public and private companies; as a CEO of Benev Capital Corp. (now Diversified Royalty Corp.), a TSX listed public company; and as an adviser to the OSC and to the Ontario Government on several policy projects relating to the capital markets and the financial industry.

Currently, he is Chair of the Board of Diversified Royalty Corp. and a board member of Eco-Oro Minerals Corp. Mr. Haber was a member of the independent Expert Committee, which provided its advice and a report to the Ontario government regarding the regulation of Financial Planning and Financial Advice in 2016.

Mr. Haber holds a B.A. (Hons) in Political Science from the University of Toronto, and an LL.B. from Osgoode Hall Law School of York University.
Term appointed: January 2018
Term ends: January 2020

Committees:
  • Adjudicative Committee
 


CRAIG HAYMAN

CRAIG HAYMAN



 
Craig Hayman has over three decades of financial services and leadership experience. He has a deep understanding of how the regulatory environment impacts individual investors and companies. Mr. Hayman began his career in pension administration and investment. In 1999 he joined Edward Jones Investments Canada as an investment advisor and in 2004 moved to the home office as a General Partner.  He held numerous responsibilities within the Canadian division including leading the Products, Services and Marketing Division; taking responsibility for Financial Advisor Recruiting, Training/Development; and overall branch leadership for all 700 branches in Canada. He retired in 2016. Mr. Hayman serves on the Board of the Oakville Hospital Foundation and the Investment Committee of the Oakville Community Foundation.  Additionally, he was appointed as the Honorary Lieutenant Colonel of the Lorne Scots Regiment of the Canadian Army in 2017. Mr. Hayman graduated with a BA in Economics from the University of Western Ontario.  In 1997 he earned a CFA charter and completed an MBA from the Ivey Business School in 2013. Term appointed: April 2019
Term ends: April 2021

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


RAYMOND KINDIAK

RAYMOND KINDIAK, B.Comm., LL.B.



 
Raymond Kindiak is a lawyer and corporate finance professional with over 25 years of capital markets, operational and legal experience in corporate restructuring, financing, acquisition and divestiture of public and private companies. Mr. Kindiak has worked at several Canadian brokerage firms, including Canaccord Capital and Research Capital, both as an analyst and investment banker. He has executed financing mandates in numerous industry sectors including technology, resources, manufacturing, pharmaceutical and hospitality. Mr. Kindiak has also executed corporate mandates as chief financial officer and in other senior executive roles including operations, corporate development and as legal counsel. He has initiated and implemented operational and restructuring plans, strategizing with company presidents, boards of directors and investment fund managers. With the federal Office of the Commissioner of Review Tribunals, Mr. Kindiak chaired appeals for Canada Pension Plan disability benefits. He served most recently as Managing Director of Sinclair Range Inc., a turnaround and corporate advisory firm with offices in Canada and the United States. Mr. Kindiak holds Bachelor of Commerce (Honours) and Bachelor of Laws degrees from the University of Windsor and is a member of the Law Society of Ontario. Term appointed: April 2019
Term ends: April 2021

Committees:
  • Governance and Nominating Committee
  • Human Resources and Compensation Committee
 

POONAM PURI

POONAM PURI, LL.B. (Toronto), LL.M. (Harvard), ICD.D.



 

Poonam Puri is one of Canada's leading experts in securities law, corporate law and corporate governance. An experienced corporate director and professor of business law at Osgoode Hall Law School in Toronto, she is also a practising lawyer and affiliated scholar at Davies Ward Phillips & Vineberg LLP. Professor Puri currently serves on the boards of several public and private companies as well as not-for-profit and community organizations.

She served as Co-Research Director of the Task Force to Modernize Securities Legislation and was a member of the OSC’s inaugural Investor Advisory Committee. Professor Puri is Co-Founder and Academic Director of Canada's first-ever Investor Protection Clinic, a joint initiative of Osgoode Hall Law School and FAIR Canada, which provides pro bono legal advice to harmed investors who believe they have suffered an investment loss as a result of someone else’s wrongdoing.

In 2015 and 2017, Professor Puri was recognized as one of the top 25 most influential lawyers in Canada by Canadian Lawyer Magazine. She has also been named one of the 100 Most Powerful Women in Canada, and she is a past recipient of Canada’s Top 40 under 40 Award.

Professor Puri earned her Bachelor of Laws degree from the University of Toronto, and she holds a Master of Laws degree from Harvard Law School.

Term appointed: January 2018
Term ends: January 2020

Committees:

  • Governance and Nominating Committee (Chair)
  • Human Resources and Compensation Committee
  • Risk Committee

 

Cecilia Williams

M. CECILIA WILLIAMS



 

Cecilia Williams is a senior compliance, risk management and regulatory executive with extensive experience in major financial institutions. She has worked in the Canadian and global regulatory environments, having spent a significant portion of her career with global operations of Scotiabank and CIBC and the Canadian operations of a global bank, UBS.

Compliance and risk management have been a focus of Ms. Williams’ career, primarily in the financial services industry. Most recently, she held the role of Senior Vice-President, Head of Compliance for Scotiabank. Prior to taking on lead responsibility for the compliance risk management program at Scotiabank, Ms. Williams held senior positions in their global capital markets, wealth management and transaction banking businesses.

Ms. Williams joined Scotiabank from CIBC where she was Vice-President of Business Controls for the global private wealth management and Imperial Service businesses, with responsibility for operational, credit and regulatory risk. Prior to that role, she was Executive Director, Legal & Compliance for UBS Bank / UBS Trust (Canada).

Ms. Williams also worked in the regulatory environment, previously holding the positions of Director of Regulatory and Market Policy for the Toronto Stock Exchange and Senior Counsel, Derivatives with the Ontario Securities Commission.

In addition, Ms. Williams is a lawyer with a degree from Osgoode Hall Law School and is a member of the Law Society of Upper Canada spending the early years of her career as a corporate, commercial lawyer.

Appointed: November 2017
Term ends: November 2019

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

Heather Zordel

HEATHER ZORDEL



 

Heather Zordel is a lawyer with extensive experience in corporate finance, securities regulatory compliance and corporate governance. A partner in the Securities Group at Gardiner Roberts LLP, she is also a Co-Director and Course Director for the Osgoode LL.M. program in securities law. She is a Bencher of the Law Society of Ontario, a part-time adjudicator for the Law Society Tribunal, and a Member of the Board and Audit Committees of Toronto Hydro Corporation and the Lawyers’ Professional Indemnity Company (LawPro). She is also on the Board of the Condominium Authority of Ontario. Ms. Zordel is a former member of the federally-appointed Expert Panel on Securities Regulation and a past chair of the Securities Advisory Committee to the OSC.  Her early work experience included a number of years working for the Toronto Stock Exchange. She was a contributing author for the Carswell book “Corporate Finance for Canadian Executives.”  Ms. Zordel has a Bachelor of Commerce from the University of Saskatchewan and a LL.B./J.D./LL.M. (Securities) from Osgoode Hall Law School, and is an ICD member.

Appointed: February 2019
Term ends: February 2021

Committees:
  • Adjudicative Committee
  • Audit and Finance Committee