Mehrdad Rastan

Executive Vice President, Credit Union and Insurance Prudential

Mehrdad Rastan is a passionate leader with 30 years of experience executing strategic initiatives, establishing strong partnerships, building high-performing teams and championing transformational organizational culture. He leads FSRA’s credit union and insurance prudential functions, with a focus on promoting and contributing to sector stability and maintaining public trust and confidence in the sectors.

Mehrdad has extensive experience as a senior regulator at the Financial Services Regulatory Authority of Ontario (FSRA) and the British Columbia Financial Services Authority (BCFSA). He has built diverse regulatory and supervisory teams and implemented modern systems and frameworks to enhance the operational resilience of regulated entities. He has led the transformation of the regulatory regime for Ontario Credit Unions and Insurers that includes the creation and implementation of the integrated Risk Based Supervisory Framework (RBSF) under FSRA’s new Principles Based Regulation (PBR) regime.

He is an advocate and leader of cross-jurisdictional regulatory cooperation to promote well functioning and safe financial services systems.

Prior to his regulatory roles Mehrdad held strategic and risk management positions in investment, hedge and pension funds, and founded and developed start-ups in construction, entertainment and technology. Mehrdad holds degrees in physics and finance and the Financial Risk Manager (FRM), Chartered Financial Analyst (CFA) designations, and Chartered Director (C.Dir.) designations.