FSRA announces leadership changes

Recently, the Financial Services Regulatory Authority (FSRA) of Ontario, has made some leadership changes. These changes address our perceived needs for organizational development, but do not alter our commitment to our plans and strategies to forge a strong path as an effective regulator.

With these changes, we welcome Glen Padassery as Acting Executive Vice President, Auto/Insurance Products, and Andrew Fung as Acting Executive Vice President, Pensions. We have full confidence in the abilities of Glen and Andrew to lead and drive FSRA's objectives forward during the current transitional period. Our commitment to our operational priorities for the 23/24 year remains. We are committed to maintaining the highest standards of regulatory oversight and fostering a stable financial services environment for stakeholders, consumers and pension beneficiaries.

We would like to express our sincere thanks to former executives Caroline Blouin (EVP of Pensions) and Tim Bzowey (EVP of Auto/Insurance Products), who both made valuable contributions that were instrumental in the launch of FSRA and the development of our regulatory approaches. We wish Caroline and Tim all the best in their future endeavours.

As we move forward, please check the FSRA website newsroom to keep you informed.

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FSRA continues to work on behalf of all stakeholders, including consumers, to ensure financial safety, fairness, and choice for everyone.

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