Welcome!

News Feed Item

IIROC names Andrew J. Kriegler as President and CEO

TORONTO, Sept. 3, 2014 /CNW/ - The Investment Industry Regulatory Organization of Canada (IIROC) today announced the appointment of Andrew J. Kriegler as the incoming IIROC President and Chief Executive Officer. Mr. Kriegler will assume the position on November 1, 2014, and will also become a member of the IIROC Board of Directors at that time.

Mr. Kriegler currently serves as Deputy Superintendent of the Office of the Superintendent of Financial Institutions (OSFI), an executive position he has held since August 2013, with responsibility for the supervision of more than 400 federally regulated financial institutions. As President and CEO of IIROC, Mr. Kriegler will be responsible for leading the regulator which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

Marianne Harris, Chair of the IIROC Board said: "Andrew Kriegler has an exceptional track record in the financial services industry, including extensive work supporting a regulatory framework that contributes to public confidence in a strong, stable and competitive financial system. As an industry veteran, he has shown strong leadership, particularly in risk management and investor protection.  Andrew's experience will be an important asset in leading our ongoing focus on delivering effective and efficient regulation."

Ms. Harris added: "The IIROC of today is a modern, respected and relevant regulator that is well positioned to build on our accomplishments and we are pleased to have Andrew joining us as we continue to fulfill our regulatory mandate."

Mr. Kriegler joined OSFI as Assistant Superintendent, Supervision Sector, in February 2013. He has more than 25 years of experience in the financial services industry, including executive positions in treasury and human resources and in areas such as debt capital markets, securitization and fixed income trading.

"I am honoured to have been selected by the Board to lead IIROC during such a pivotal time - as the regulator develops its new Strategic Plan and sets its priorities and direction for the next three years. Together with the dedicated management team and talented staff, we will continue to work diligently to advance IIROC's mandate of protecting investors, strengthening industry standards and enhancing market integrity," said Mr. Kriegler.

Mr. Kriegler will succeed Susan Wolburgh Jenah who, earlier in the year, announced her intention to step down from her role as IIROC's inaugural President and CEO effective October 31, 2014.

"On behalf of the Board, I also want to extend our deepest appreciation to Susan for her vision, hard work and unrelenting commitment. IIROC has been fortunate to have had her leading the organization throughout a transformative period in financial markets," said Ms. Harris.

***

BACKGROUNDER: Biography of Andrew J. Kriegler

Incoming IIROC President and CEO Andrew J. Kriegler currently holds the position of Deputy Superintendent of the Office of the Superintendent of Financial Institutions (OSFI), with responsibility for the supervision of more than 400 federally regulated financial institutions. He joined OSFI in February 2013 as the Assistant Superintendent, Supervision Sector.

Prior to OSFI, Andrew was Senior Vice President & Treasurer of CIBC, a post he held from November 2008 through August 2012.  He joined CIBC in the bank's risk management group earlier in 2008 from Moody's Corporation, parent of the credit rating agency Moody's Investors Service, in New York.

At Moody's, Andrew was Senior Vice President & Chief Human Resources Officer and a member of the executive management committee.  He joined the executive team after having been the Canadian Country Managing Director for Moody's Investors Service for a number of years.

Prior to joining Moody's in 2000, Andrew was responsible for liquidity risk management and funds transfer pricing at Canada Trust and for developing the firm's wholesale funding and securitization programs.  He directed the institution's credit market access and represented the company to institutional investors as well as to government and regulators in matters concerning liquidity risk and asset securitization.

From 1993 through 1997, Andrew was an investment banker with the securitization and debt capital markets groups at BMO Nesbitt Burns. Andrew came to a predecessor of BMO Nesbitt Burns from CIBC's Wholesale Banking group where he specialized in structured finance after having traded mortgage and asset-backed securities for two years.

Andrew currently serves on the Board of the Canada Deposit Insurance Corporation, the federal corporation that insures eligible deposits by Canadians with member institutions in case of failure by those institutions.

He holds an MBA from the Richard Ivey School of Business at Western University and a B.Sc. in Computer Science and Economics from Trinity College in the University of Toronto.

***

IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.  Created in 2008 through the consolidation of the Investment Dealers Association of Canada and Market Regulation Services Inc., IIROC sets high quality regulatory and investment industry standards, protects investors and strengthens market integrity while maintaining efficient and competitive capital markets. 

IIROC carries out its regulatory responsibilities through setting and enforcing rules regarding the proficiency, business and financial conduct of dealer firms and their registered employees and through setting and enforcing market integrity rules regarding trading activity on Canadian equity marketplaces.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - General News

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DX World EXPO, LLC, a Lighthouse Point, Florida-based startup trade show producer and the creator of "DXWorldEXPO® - Digital Transformation Conference & Expo" has announced its executive management team. The team is headed by Levent Selamoglu, who has been named CEO. "Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation," he said in making the announcement.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Conference Guru has been named “Media Sponsor” of the 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great deals to gre...
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develop...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
The next XaaS is CICDaaS. Why? Because CICD saves developers a huge amount of time. CD is an especially great option for projects that require multiple and frequent contributions to be integrated. But… securing CICD best practices is an emerging, essential, yet little understood practice for DevOps teams and their Cloud Service Providers. The only way to get CICD to work in a highly secure environment takes collaboration, patience and persistence. Building CICD in the cloud requires rigorous ar...
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
"ZeroStack is a startup in Silicon Valley. We're solving a very interesting problem around bringing public cloud convenience with private cloud control for enterprises and mid-size companies," explained Kamesh Pemmaraju, VP of Product Management at ZeroStack, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Large industrial manufacturing organizations are adopting the agile principles of cloud software companies. The industrial manufacturing development process has not scaled over time. Now that design CAD teams are geographically distributed, centralizing their work is key. With large multi-gigabyte projects, outdated tools have stifled industrial team agility, time-to-market milestones, and impacted P&L stakeholders.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...