Josée Turcotte joins as EVP, COO and chief of staff, and Bonnie Lysyk as EVP of Enforcement at the OSC
The Ontario Securities Commission (OSC) has announced the addition of two executives to its leadership team.
Josée Turcotte will assume the roles of executive vice president, chief operating officer (COO), and chief of staff as of October 15.
In his new role, Turcotte will manage the OSC’s operations, ensuring resource allocation, corporate programs, and infrastructure support its strategic goals.
Turcotte has extensive experience in regulatory and executive management, having previously served as executive director of Emerging Risk Operations at the Office of the Superintendent of Financial Institutions and chief legal officer at the Alcohol and Gaming Commission of Ontario.
Vingoe noted that “[Turcotte’s] strategic regulatory, legal, and organizational advice will be critical as we embark on our ambitious plan to make Ontario's capital markets inviting, thriving and secure.”
Bonnie Lysyk will join as executive vice president, Enforcement starting October 7. Lysyk, former Auditor General of Ontario, will lead enforcement efforts at the OSC.
With over 35 years of experience in both public and private sectors, she brings extensive knowledge in audit, finance, risk management, and governance.
“As EVP, Enforcement, [Lysyk] is well-positioned to take decisive action against those seeking to harm Ontario's investors,” said OSC CEO, Grant Vingoe. He highlighted her leadership in the Enforcement Division as vital to the OSC's mandate and Strategic Plan.
In addition to Lysyk and Turcotte, the OSC’s executive team includes Sonny Randhawa (EVP, Regulatory Operations), Leslie Byberg (EVP, Strategic Regulation), Naizam Kanji (general counsel, EVP Legal), and CEO Grant Vingoe.
Byberg had temporarily overseen the Enforcement Division during the search for a new EVP, and will now return to her role as EVP, Strategic Regulation. Vingoe thanked Byberg for her leadership during this transition period.
Lysyk and Turcotte will report to Vingoe, as the OSC focuses on implementing its new Strategic Plan.
