The Financial Services Regulatory Authority of Ontario (FSRA) has announced the appointment of Steve Geist (pictured left) and Douglas E. Turnbull (pictured right) to its board of directors.
Both will serve two-year terms starting May 1. The regulator also confirmed the re-appointment of Joanne De Laurentiis, Peggy McCallum and Lucie Tedesco.
Geist has held senior executive roles at CIBC Wealth Management and was CEO of CIBC Asset Management. He currently serves as vice chair and director of the Ontario Financing Authority, is a board member at Quinte Health, and chairs the Canada Life Investment Management Independent Review Committee.
Turnbull is the former vice chairman and country head (Canada) of Morningstar DBRS Ltd. His background includes roles at TD Securities, BMO Nesbitt Burns, Gordon Capital and RBC Dominion Securities. He is currently non-executive vice chairman of Morningstar Canada and serves on the boards of Elexicon Corporation and the Canadian Ditchley Foundation. He is also a member of the Advisory Board for the Toronto Global Forum.
“Steve and Douglas each bring a wealth of knowledge and leadership to the FSRA board. Their extensive experience in financial services will be invaluable as FSRA continues to mature and implement important strategic priorities in this uncertain global economy,” said Joanne De Laurentiis, chair of FSRA’s board of directors.
De Laurentiis’ term as chair has been extended by six months, effective June 28, 2025.
Meanwhile, McCallum has been re-appointed to a three-year term beginning May 18, 2025. She has experience in pension and benefits governance, risk management and investment oversight.
Tedesco, whose re-appointment takes effect July 13, 2025, brings experience across banking, insurance, payments, complaint resolution, market conduct and regulatory technology.