Appointee Biographies

DOUGLAS TURNBULL

Douglas Turnbull is a recognized leader in the Canadian financial services industry with 47 years of experience in investment banking, debt capital markets, advisory and credit rating businesses. He has acted for a broad cross section of private and public sector entities in Canada, the United States and internationally. He has advised and spoken publicly in Canada and abroad on various topics related to capital markets, debt management, credit ratings, government finance, infrastructure and privatizations.

PEGGY MCCALLUM

Peggy McCallum is a former partner and currently counsel at Fasken Martineau DuMoulin LLP. She was previously senior legal counsel to the former Pension Commission of Ontario. She has practiced pension and benefits law for over 35 years, and chaired Fasken's pension and benefits law group for many years. Peggy served on the Sponsors Committee of the Colleges of Applied Arts and Technology (CAAT) Pension Plan for 12 years and on the executive committee of the Ontario Bar Association's Pension and Benefits Section for many years. Prior to law, Peggy was an award-winning journalist with The Globe and Mail. She has an honors journalism degree and a law degree from the University of Western Ontario, as well as a Chartered Director designation from McMaster University.

DOUGLAS TURNBULL

Douglas Turnbull, of Toronto, is former Vice-Chairman and Country Head of Morningstar DBRS in Canada and former Deputy Chairman and Managing Director at TD Securities Inc. His community involvement includes serving as Chairman of Gengroup Crane Corp.

STEVE GEIST

Steve Geist has over 30 years of experience in financial services. He retired from CIBC in 2017 where his last role was Senior Executive Vice-President and Group Head, CIBC Wealth Management. Prior to that, Steve was the Chief Executive Officer at CIBC Asset Management, one of Canada's largest asset managers with over $120 Billion of assets. Before joining CIBC, he held roles at TD Asset Management, Fidelity Investments and Price Waterhouse. Steve currently serves as the Chair of the Canada Life Investment Management Independent Review Committee and as a member of the IRC of SEI Investments Canada. He is also Vice Chair and a Director of the Ontario Financing Authority and is on the Board of Directors for Quinte Health. He is a past director of the Investment Funds Institute of Canada and the Mutual Funds Dealers Association. Steve is a Chartered Professional Accountant with an FCPA/FCA designation and holds the ICD.D designation. He is a Certified Financial Planner and has a BBA from Wilfrid Laurier.

LUCIE TEDESCO

Lucie Tedesco is a Strategic Advisor and Counsel in McCarthy Tétrault’s Banking and Financial Services Regulatory Group. She is the former Commissioner of the Financial Consumer Agency of Canada (FCAC) with close to 30 years’ experience in financial sector policy and regulation and an in-depth understanding of the operations of Canada’s safety net agencies, including the Bank of Canada, Department of Finance, Office of the Superintendent of Financial Institutions (OSFI), and Canada Deposit Insurance Corporation (CDIC).

LAWRENCE RITCHIE

Lawrence Ritchie, a lawyer, is a former securities regulator and partner in the Disputes group at Osler, Hoskin & Harcourt LLP. He chairs Osler’s Risk Management and Crisis Response practice group and co-leads its national Capital Markets Regulatory Enforcement team. Among other things, he advises on avoiding, preparing for, managing and responding to extraordinary “crisis” situations, including regulatory investigations and actions that flow from them. He has extensive experience in identifying and addressing regulatory compliance/enforcement issues in the Canadian capital and financial markets and proactive corporate governance. Larry was appointed Vice-Chair of the OSC in 2007 until 2014, which included a secondment as an executive of the federal sponsored Canadian Securities Transition Office. He served as a member of the 3-person expert panel that recommended the creation in 2015/16 and on FSRA's Board of Directors from 2018-2023.

ROBERT WELLSTOOD

Rob Wellstood retired in 2021 from the role of President and Chief Executive Officer of Kawartha Credit Union Limited, one of the 10 largest credit unions in Ontario. During his time in the post, Kawartha grew 8-fold. Prior to taking on the Chief Executive Officer role in 2002, Rob was Kawartha's Controller for nine years. Rob has served on Boards in the not for profit and financial sectors and many industries advisory committees. He holds a Certified Public Accountant designation from the Chartered Professional Accountants of Ontario and a Bachelor of Mathematics degree from the University of Waterloo. He spent 10 years in public practice, first working for a national Chartered Accounting firm. Then he worked in partnership with a family-owned practice and spent two years as a commercial lender with the Business Development Bank of Canada, prior to joining Kawartha.

JOSEPH IANNICELLI

Mr. Joseph Iannicelli has extensive experience in the financial services industry, serving as President and CEO for the Standard Life Insurance Company of Canada from January 2005 until February 2012. As head of a subsidiary of a UK parent company, Mr. Iannicelli dealt with financial services regulators in both Canada and the United Kingdom. He also served as CEO of Banyan Healthcare Services and as a strategic and management consultant with a Canadian public pension plan. Joseph has also served on the boards of Smart Employee Benefits Inc., Canadian Spirit Resources, Inc. and Groupe Bikini Village Inc. Joseph Iannicelli is currently the President of PLAY 2 WIN Inc., a company that produced the Indie feature film, Crimson Sands, that has won numerous Canadian and international awards. In addition, as a certified yoga teacher and Reiki healer, through a sub-brand, Body By Yoga, Mr. Iannicelli offers yoga instruction and Reiki healing. He is an executive and life coach and is finalizing the publication of his debut novel, Unleash Your Best Self. Mr. Iannicelli has been recognized for several business achievements, including being named Top 5 Influential Business Leader in Quebec for four straight years (2009-2012).