After four years of leading the Financial Services Regulatory Authority of Ontario (FSRA), CEO Mark White has announced his resignation.
White joined the FSRA in 2017, when it was first established as the province’s new financial services regulator. He played a crucial role in the organization’s development and growth, overseeing the integration of three previous regulatory bodies into one.
During his tenure, White focused on modernizing the regulatory framework and promoting consumer protection. He also led the FSRA’s response to the COVID-19 pandemic, ensuring that the financial services sector remained stable and resilient during these challenging times.
In a statement, White expressed his gratitude for the opportunity to serve as CEO and work with the dedicated team at FSRA. He also thanked the government and stakeholders for their support and collaboration.
The FSRA Board of Directors has begun the search for a new CEO and will announce an interim leader in the coming weeks. In the meantime, White will continue to serve in his role until a successor is appointed.
The FSRA is responsible for regulating the insurance, pension, and loan and trust sectors in Ontario. It aims to promote a fair, safe, and transparent financial services marketplace for consumers and businesses.
White’s departure marks a significant change for the FSRA, but the organization remains committed to its mandate and will continue to work towards its goals under new leadership.
