Board of Directors

OBSI's board plays a vital role in providing strategic oversight for the organization.

OBSI’s board consists of 10 directors: seven Community Directors (at least one of which is designated the Consumer Interest Director), who have not been part of industry or government for at least two years; and three Industry Directors, who are appointed from shortlists of nominees provided by designated industry bodies.

Board renewal is an important part of OBSI's governance framework. Directors come from across Canada, bringing a diversity of skills and experience from both the public and private sectors. For more information on the board's independence, visit our Governance page.

Board Members

	Maureen Jensen, Chair Maureen Jensen has been a leader in the investment industry and securities regulation for more than 20 years. She is the past Chair and Chief Executive Officer of the Ontario Securities Commission (OSC). As the first woman to lead the OSC, Ms. Jensen was a fierce advocate for investor protection and a champion for reducing the regulatory burden on businesses. Ms. Jensen served as the Executive Director and Chief Administrative Officer of the OSC from 2011 – 2016, prior to her appointment as its Chair and CEO serving from 2016 – 2020. Before joining the OSC, Ms. Jensen was SVP, Surveillance and Compliance at IIROC from 2008 – 2011. Prior to the formation of IIROC in 2008, Ms. Jensen was President and CEO of Market Regulation Services Inc., the independent national market regulation services provider for Canadian equity markets. Ms. Jensen has also held senior regulatory and business positions at the Toronto Stock Exchange, and prior to that had a 20 year career in the mining industry, holding both executive and technical management positions with several resource companies. Ms. Jensen is a Registered Professional Geoscientist (P. Geo), holds the ICD.D designation from the Institute of Corporate Directors and has a Doctor of Laws (Honoris Causa). She is currently a Director of Franco-Nevada Corporation, a public governor of FINRA in the US, Vice Chair, Board of Directors at the Toronto Centre for Global Leadership in Financial Supervision and is Chair of The Prosperity Project.
	Catherine Adams, MBA ^{Governance and Human Resources Committee member} Ms. Adams is an independent director focused on the not-for-profit sector. She is currently Director of Hospice Care Avon Maitland and has served as Director and Treasurer of Family Councils of Ontario, a not-for-profit dedicated to supporting family advocacy for residents in long-term care facilities. In 2013, Ms. Adams retired as a financial services executive with over thirty years experience in business strategy, product management, marketing, distribution, and finance, with both domestic and international appointments. She is a member of OBSI’s Governance and Human Resources Committee and was previously board liaison for OBSI’s Consumer & Investment Advisory Council. Ms. Adams resides in Stratford Ontario.
	Rhonda Goldberg (MFDA nominee) ^{Governance and Human Resources Committee member} Ms. Goldberg is the Executive Vice-President, General Counsel for IGM Financial Inc., responsible for overseeing the legal, compliance, corporate secretarial and regulatory affairs functions of Mackenzie Investments, IG Wealth Management and Investment Planning Counsel. Ms. Goldberg has an in-depth knowledge of the legal and regulatory environment and financial services industry with over 20 years of legal experience. Prior to joining IGM Financial, she held progressively senior positions at the Ontario Securities Commission (OSC) and was a member of the OSC's executive management team and Director, Investment Funds and Structured Products, from 2010 to 2015. In addition to her engagement with OBSI, she is a current member of the board of Wealthsimple and previously served as a member of the OSC’s Securities Advisory Committee. Ms. Goldberg was called to the Bar in Ontario. She has a law degree from Osgoode Hall Law School. She resides in Toronto, Ontario.
	Carmela Haines, CPA, CA, ICD.D ^{Chair, Finance and Audit Committee member} Ms. Haines is the Chief Executive Officer and past Vice-President, Finance & Administration with Access Communications Co-operative Limited, one of Saskatchewan's largest telecommunications providers, providing local community programming, internet, television, phone, and security monitoring services to over 235 communities in the Province of Saskatchewan. Ms. Haines has over 25 years of experience in accounting, finance, information technology, human resources, operational efficiencies, business strategy, and risk management. She currently serves as vice-chair of the Canadian Communications Systems Alliance board of directors. She has served as a board chair and audit committee chair for the Regina & District Food Bank and has also served as council member and audit committee chair for the Institute of Chartered Accountants of Saskatchewan. Ms. Haines resides in Regina, Saskatchewan.
	Jill Hugessen, BA, BCL/LL.B, ICD.D ^{Governance and Human Resources Committee member} Ms. Hugessen is founder and principal of Hugessen Coaching, a coaching and consulting service for business executives and lawyers. Ms. Hugessen is a graduate of McGill University, where she obtained a B.A. in 1981 and a BCL/LL.B. (law) in 1985. She has been a member of the Barreau du Québec since 1986. Prior to establishing herself as an independent executive coach in 2011, Ms. Hugessen practiced corporate law for 7 years with a major Canadian law firm. She then worked as in-house counsel for a sporting goods manufacturer for 5 years, before returning to the firm where she had started her career, to act as the firm's director of professional development for 9 years. Ms. Hugessen serves as a community member on the board.
	Suresh Krishnasamy, MBA, MS, BASc (CBA nominee) ^{Finance and Audit Committee member} Mr. Krishnasamy is the Chief Operating Officer, North American Personal & Business Banking for BMO Financial Group. In this role, he is responsible for the key integrating functions of this segment from strategy to execution. Mr. Krishnasamy joined BMO in 2006 from McKinsey and Company. He has since held executive leadership roles in strategy, finance, and operating groups. Mr. Krishnasamy earned a Master of Business Administration degree from the Wharton School at the University of Pennsylvania, where he was recognized as a Palmer Scholar. Prior to earning his business degree, he earned a Master of Science in Engineering degree from Stanford University and a Bachelor of Applied Science degree in Mechanical Engineering from the University of Waterloo.
	Bharat Mahajan, CPA, CA ^{Finance and Audit Committee} Mr. Mahajan serves as Vice-President, Finance Shared Services for Parkland Corporation. Previously, Mr. Mahajan’s distinguished career included serving as Chief Financial Officer of various multi-national corporations. Mr. Mahajan earned his B.A. from the University of Toronto in 1992 and is a CPA, CA. He currently serves as a community member of the Board of Directors of OBSI. Mr. Mahajan is also the Chair of the Finance and Audit Committee at OBSI. Mr. Mahajan resides in Calgary (De Winton), Alberta.
	Wanda Morris ^{Consumer Interest Director, Finance and Audit Committee member} Ms. Morris is a CPA and financial and consumer advocate. As the former Chief Advocacy and Engagement Officer for CARP and CEO of Dying with Dignity Canada, she led public advocacy campaigns on a number of issues including investor protections, pension security, medical aid in dying, and safety in long-term care. Ms. Morris is on the board of FAIR Canada, a frequent media commentator and her writing has appeared in various publications including the Vancouver Sun, the Edmonton Journal and Zoomer Magazine. She is the Consumer Interest Director on the board and the board liaison for OBSI’s Consumer & Investment Advisory Council.
	Ronald Smith, FCPA, FCA, ICD.D ^{Chair, Governance and Human Resources Committee} Mr. Smith is an independent director with many years of board experience in the private, not-for-profit and public sectors. During his career, he served as CFO of MT&T prior to the merger that created Bell Aliant, and then later as CFO of Nova Scotia Power and Emera, retiring in 2005. While a Director of Nova Scotia Business Inc., he served as Interim CEO from 2013 to 2015. Mr. Smith currently serves on the boards of PROREIT, Covalon Technologies Inc. and the IWK Health Centre as Past Chair. In the past, he has served on the Canada Pension Plan Investment Board, the board of Alamos Gold Inc. and as Founding Chair of the independent board which governs the Nova Scotia Public Service Superannuation Fund. He was Chair of the Acadia University Board of Governors from 2004 to 2009 and was National Chair of The Arthritis Society from 2016 to 2018.