New CEO of the FSRA will take up his position from March
The Financial Services Regulatory Authority of Ontario has announced a new chief executive officer with a quarter of a century of leadership experience.
Dexter John will become CEO of the FSRA from March with experience in capital markets and securities regulation, shareholder engagement, risk management, and corporate governance included on his extensive resume.
He has also held positions at the Investment Dealers Association, the Ontario Securities Commission, the Toronto Stock Exchange, and was president and CEO of Gryphon Advisors.
"I am honoured to have the opportunity to lead FSRA and to build on the excellent work of the team in advancing the organization's vision," said John. "FSRA plays a critical role in strengthening Ontario's financial services sector, and I look forward to working with our staff, stakeholders, and partners to ensure we continue to deliver on our mandate and create positive outcomes for Ontarians."
John is currently president and CEO of corporate advisory firm Morrow Sodali (Canada) Ltd. where he has advised on corporate governance, ESG initiatives, shareholder engagement, executive compensation, and strategic investor voting analytics. He was previously with D.F. King Canada (formerly CST Phoenix Advisors) and Kingsdale Shareholder Services Inc.
But he is no stranger to the FSRA as he already serves as a board member and had led and contributed to several committees. His experience at the regulator means he already has strong knowledge of its operations which combines with his market business experience for a unique perspective.
"Mr. John's leadership and strategic insight will be invaluable as FSRA continues to modernize Ontario's financial services regulatory framework, engaging collaboratively with FSRA's stakeholders and deliver regulatory efficiency and effectiveness," said Joanne De Laurentiis, chair of the FSRA Board of Directors. "The Board is confident in his ability to build on FSRA's progress and drive forward its ambitious agenda."
The FSRA has recently been highlighting areas where the life and health insurance industry needs to improve consumer protection and urging pension plans to tackle evolving risks amid solvency changes.
