Members of the Commission

Ontario’s Securities Act provides that the Ontario Securities Commission (OSC) shall be composed of at least nine and not more than 16 Members. The Chair & CEO and the Vice-Chairs are full-time Members. The other Members, including the Lead Director, are part-time Members, are independent of management and devote as much time as necessary to perform their duties. For more information, refer to the Ontario Securities Commission Charter of Governance.

Our Members are specially restricted public servants under section 85(2), paragraph 9 of the Public Service of Ontario Act, 2006. Appointments and reappointments are made in accordance with the Agencies and Appointments Directive, the Memorandum of Understanding, and the procedures of the Public Appointments Secretariat of the Government of Ontario.

Members of the Commission

  • D. Grant Vingoe, Acting Chair & CEO
  • Wendy Berman, Vice-Chair
  • Tim Moseley, Vice-Chair
  • Mary Anne De Monte-Whelan
  • Garnet W. Fenn
  • Lawrence P. Haber, Lead Director
  • Craig Hayman
  • Raymond Kindiak
  • Frances Kordyback
  • Cathy Singer
  • M. Cecilia Williams
Photo of Grant Vingoe
D. Grant Vingoe
Acting Chair & CEO

Appointed Date August 2015
Reappointed Date June 2019
Acting Chair & CEO Term Ends April 2021
Term Ends August 2021
Committees

  • Governance and Nominating Committee (non-voting member)

Grant Vingoe is a leading counsel on securities law in the U.S. and Canada, who has extensive experience as a leader on cross-border securities initiatives and a background in corporate governance and regulatory policy. He has been a partner with international law firms in Toronto and New York, where he specialized in the regulation of financial institutions and capital market transactions. He is a former independent director of the Investment Industry Regulatory Organization of Canada (IIROC) and was Chair of its Corporate Governance Committee.

Mr. Vingoe is a graduate of Osgoode Hall Law School and received his LL.M. from the New York University School of Law. He has served as Counsel to the Toronto Stock Exchange and as guest lecturer at Osgoode Hall Law School. He is a member of the board of the International Organization of Securities Commissions (IOSCO) and Chairs the Policy Coordination Committee of the Canadian Securities Administrators. He is also the Chair of the Council of Governors of the Canadian Public Accountability Board and a board member of the Accounting Standards Oversight Council. He is also a member of the board of Springboard Danse Montreal, a dance educational charity and a member of the advisory board of Reach the World, an educational charity that enhances social studies programs.

Photo of Wendy Berman
Wendy Berman
Vice-Chair
Appointed Date
June 2020
Term Ends
June 2021
Committees
  • Adjudicative Committee

Wendy Berman is on sabbatical from the law firm of Cassels Brock & Blackwell LLP at which she is partner and where she served as the Chair of the Securities Litigation Group. Ms. Berman is one of Canada’s foremost securities litigators with extensive experience in complex commercial and securities-related litigation, often involving parallel and cross-border regulatory, criminal and class action proceedings, and in litigation relating to proxy contests, takeover bids and other mergers and acquisitions. She has represented public companies and directors and officers in some of Canada’s largest investigations and proceedings involving disclosure violations, insider trading and other fraud-related allegations, corruption and anti-bribery, mergers and acquisitions, proxy contests and corporate governance. Ms. Berman received the Lexpert Zenith Award honouring leading women lawyers and has been honoured as one of the “Top 25 Canadian Women in Litigation” by Benchmark Litigation on multiple occasions. She co-authored the Canada chapter of The International Investigations Review (5th Edition), published by Law Business Research Ltd. Ms. Berman is a former member of the Securities Proceedings Advisory Committee, the Board of Directors of The Advocates Society, the Board of the Canadian Partnership for Stroke Recovery and the Executive Committee of the Women in White Collar Defense Association. 

Ms. Berman has an LL.B. from the University of Toronto. She was called to the bar of Ontario in 1992 and the bar of British Columbia in 2015.

Photo of Tim Moseley
Tim Moseley
Vice-Chair
Appointed Date
November 2017
Reappointed Date
November 2020
Term Ends
November 2022
Committees
  • Adjudicative Committee (Chair)
  • Risk Committee

Tim Moseley has been a Vice-Chair of the Ontario Securities Commission since 2017, having previously been a part-time Member of the Commission from 2015 to 2017. He is chair of the Commission’s Adjudicative Committee.

Prior to joining the OSC, Tim was CIBC’s Chief Compliance Officer for over ten years, following two years as Head of the Litigation Group in CIBC’s Legal Department. Before that he practiced corporate/commercial litigation for twelve years, including six years in private practice, and six years as Litigation Counsel in the OSC’s Enforcement Branch, with the last two of those years as Manager of Litigation.

Tim holds a B.A. and an LL.B. from the University of Toronto, an M.B.A. from Queen’s University, and the ICD.D designation from the Institute of Corporate Directors, through the Rotman School of Management at the University of Toronto. He was called to the Ontario bar in 1989.

Tim is Co-Chair of the Steering Committee for the Laskin Moot Court Competition, Canada’s most widely attended competitive moot, which annually considers problems involving administrative and constitutional law.

Commissioner Mary Anne De Monte-Whelan
Mary Anne De Monte-Whelan
Appointed Date
February 2019
Reappointed Date
February 2021
Term Ends
February 2023
Committees
  • Human Resources and Compensation Committee
  • Risk Committee (Chair)

Mary Anne De Monte-Whelan is an experienced corporate finance professional. Her background includes investment banking, equity analysis, corporate banking and risk analysis. She was an Adjunct Professor in Finance at the Rotman School of Management, University of Toronto, and also developed and delivered programs in Finance to international executives with the Executive Education programs at the Schulich School of Business, York University. She has been a speaker/lecturer on international finance and investments to diverse audiences both national and international. Ms. De Monte-Whelan is a past member of the Board of Directors of Youthlink, which also included being Chair of the Finance Committee and a member of the Audit committee; on the Board of Enterprise Ireland Wireless Advisory Board; Chair of the Baby Point Heritage Foundation; and Chair and Founder of the St. Joe’s Plate, an annual fundraising event which raises money for mental health at St. Joseph’s Hospital.  She holds a Master of Business Administration degree from the University of Windsor and a Bachelor of Science degree from the University of Toronto.

Commissioner Garnet W. Fenn
Garnet W. Fenn
Appointed Date
July 2015
Reappointed Date
June 2019
Term Ends
July 2021
Committees
  • Audit and Finance Committee (Chair)
  • Human Resources and Compensation Committee
  • Risk Committee

Garnet Fenn was a senior finance executive in the automotive industry and is a sessional instructor in Finance and Accounting at the Odette School of Business, University of Windsor. Mr. Fenn brings extensive experience in all areas of finance in Canada, the United States, and internationally. He recently retired as the Group Global Assistant Treasurer of Chrysler LLC and was formerly VP CFO/Treasurer of Chrysler Canada Ltd. He has also held positions at KPMG Chartered Accountants, The Hospice, and RBC Dominion Securities.

Mr. Fenn holds several accounting, investment, and corporate governance designations and is a former voting member of the Canadian Audit and Assurance Oversight Council. He has completed executive programs at the University of Western Ontario, INSEAD (Paris), and IMD (Switzerland). He has an H.B.Comm and MBA from the Odette School of Business and is currently a DBA candidate at Heriot Watt University, Edinburgh Business School. In 2019, he was selected as a Fellow of the Chartered Professional Accountants of Ontario, the highest distinction conferred upon members of the accounting profession.

Commissioner Lawrence P. Haber
Lawrence P. Haber
Lead Director
Appointed Date
January 2018
Reappointed Date
January 2020
Term Ends
January 2022
Committees
  • Adjudicative Committee
  • Governance and Nominating Committee

Lawrence (Lorie) Haber has had a diverse career in the financial industry and the capital markets – as a senior executive in the financial industry with National Bank Financial and DundeeWealth; as a securities lawyer and partner at Fogler, Rubinoff; as a corporate board member of several public and private companies; as a CEO and Chair of the Board of Benev Capital Corp. (now Diversified Royalty Corp.), a TSX listed public company; and as an adviser to the OSC and to the Ontario Government on several policy projects relating to the capital markets and the financial industry.

Currently, he is a board member of Eco-Oro Minerals Corp. Mr. Haber was a member of the independent Expert Committee, which provided its advice and a report to the Ontario government regarding the regulation of Financial Planning and Financial Advice in 2016.

Mr. Haber holds a B.A. (Hons) in Political Science from the University of Toronto, and an LL.B. from Osgoode Hall Law School of York University.

Commissioner Craig Hayman
Craig Hayman
Appointed Date
April 2019
Term Ends
April 2021
Committees
  • Audit and Finance Committee
  • Governance and Nominating Committee (Chair)
  • Risk Committee

Craig Hayman has extensive experience in investment management and the retail brokerage industry, with a deep understanding of how the regulatory environment impacts individual investors and companies. Mr. Hayman began his career in pension administration and investment. In 1999 he joined Edward Jones Investments Canada as an investment advisor and in 2004 moved to the home office as a General Partner.  He held numerous responsibilities within the Canadian division including leading the Products, Services and Marketing Division; taking responsibility for Financial Advisor Recruiting, Training/Development; and overall branch leadership in Canada. He retired in 2016. Mr. Hayman has served on a number of community-based boards and on the Board of the Ombudsman for Banking Services and Investments (OBSI).  Additionally, he was appointed as the Honorary Lieutenant Colonel of the Lorne Scots Regiment of the Canadian Army in 2017. Mr. Hayman graduated with a BA in Economics from the University of Western Ontario.  In 1997 he earned a CFA charter and completed an MBA from the Ivey Business School in 2013.

Commissioner Raymond Kindiak
Raymond Kindiak
Appointed Date
April 2019
Term Ends
April 2021
Committees
  • Governance and Nominating Committee
  • Human Resources and Compensation Committee

Raymond Kindiak is a lawyer and corporate finance professional with over 25 years of capital markets, operational and legal experience in corporate restructuring, financing, acquisition and divestiture of public and private companies. Mr. Kindiak has worked at several Canadian brokerage firms, including Canaccord Capital and Research Capital, both as an analyst and investment banker. He has executed financing mandates in numerous industry sectors including technology, resources, manufacturing, pharmaceutical and hospitality. Mr. Kindiak has also executed corporate mandates as chief financial officer and in other senior executive roles including operations, corporate development and as legal counsel. He has initiated and implemented operational and restructuring plans, strategizing with company presidents, boards of directors and investment fund managers. With the federal Office of the Commissioner of Review Tribunals, Mr. Kindiak chaired appeals for Canada Pension Plan disability benefits. Mr. Kindiak holds Bachelor of Commerce (Honours) and Bachelor of Laws degrees from the University of Windsor and is a member of the Law Society of Ontario.

Commissioner Frances Kordyback
Frances Kordyback
Appointed Date
February 2020
Term Ends
February 2022

Frances Kordyback is a senior capital markets executive with more than 30 years experience in venture capital, investment banking and corporate development. Ms. Kordyback was a Managing Director at Northwater Capital Inc. with firm wide responsibilities and a focus on the venture investing segment of the business. Her primary responsibilities within the venture business included due diligence, valuation, deal negotiation, and value creation. She has served on many boards of directors (public, private and not for profit) and advisory committees. She is also very active in Women in Leadership, a group within Women in Capital Markets. Ms. Kordyback holds a Bachelor of Mathematics from the University of Waterloo and received her Chartered Accountant designation in 1977.

Commissioner Cathy Singer
Cathy Singer
Appointed Date
June 2020
Term Ends
June 2022
Committees
  • Governance and Nominating Committee
  • Human Resources and Compensation Committee

Cathy Singer is a lawyer with over 30 years of business and securities law experience in private practice as well as an additional three years from the securities regulatory perspective. Ms. Singer is currently a partner at Norton Rose Fulbright Canada LLP, where she has been practicing for the past 19 years and where she has held various roles in management from time to time. Prior to Norton Rose, Ms. Singer was at Faskens and, during that period, spent over two years at the Ontario Securities Commission on secondment as its General Counsel, and nine months on secondment as Staff at an earlier date. Ms. Singer’s practice and experience are broad-based, including mergers and acquisitions, corporate finance, related party transactions and corporate governance matters as a trusted advisor to her clients in the mining, industrial and investment funds sectors. Ms. Singer is currently a board member of each of Osisko Metals Inc. and Osisko Mining Inc.

Ms. Singer holds a B.A. in Political Science from McGill and an LL.B. from the University of Western Ontario.

Commissioner M. Cecilia Williams
M. Cecilia Williams
Appointed Date
November 2017
Reappointed Date
January 2020
Term Ends
January 2022
Committees
  • Audit and Finance Committee
  • Human Resources and Compensation Committee (Chair)
  • Risk Committee

Cecilia Williams is a senior compliance, risk management and regulatory executive with extensive experience in major financial institutions. She has worked in the Canadian and global regulatory environments, having spent a significant portion of her career with global operations of Scotiabank and CIBC and the Canadian operations of a global bank, UBS.

Compliance and risk management have been a focus of Ms. Williams’ career, primarily in the financial services industry. Most recently, she held the role of Senior Vice-President, Head of Compliance for Scotiabank. Prior to taking on lead responsibility for the compliance risk management program at Scotiabank, Ms. Williams held senior positions in their global capital markets, wealth management and transaction banking businesses.

Ms. Williams joined Scotiabank from CIBC where she was Vice-President of Business Controls for the global private wealth management and Imperial Service businesses, with responsibility for operational, credit and regulatory risk. Prior to that role, she was Executive Director, Legal & Compliance for UBS Bank / UBS Trust (Canada).

Ms. Williams also worked in the regulatory environment, previously holding the positions of Director of Regulatory and Market Policy for the Toronto Stock Exchange and Senior Counsel, Derivatives with the Ontario Securities Commission.

In addition, Ms. Williams is a lawyer with a degree from Osgoode Hall Law School and is a member of the Law Society of Ontario spending the early years of her career as a corporate, commercial lawyer.