Grant Vingoe, Ontario Securities Commission (OSC) Chair and CEO, announced on Jan. 5 the appointment of Sonny Randhawa as an acting Executive Director.
Randhawa will be responsible for the oversight and leadership of the OSC's Investor Office, the Office of Economic Growth and Innovation, the Office of the Chief Accountant, Regulatory Strategy and Research.
Leslie Byberg, Executive Director of the OSC, will remain responsible for the oversight and leadership of Compliance & Registrant Regulation, Corporate Finance, Derivatives, Investment Funds and Structured Products, Market Regulation, Enforcement and the Office of Mergers & Acquisitions.
"Sonny brings extensive experience working on the frontline of novel policy issues in collaboration with external stakeholders and other regulators in Canada and around the world. His knowledge and expertise will prove invaluable in preparing the OSC to take on an increasingly complex and diverse mandate and respond to accelerated change in the financial markets," stated Vingoe.
Since 2009, Randhawa has held progressively senior positions at the OSC, most recently serving as Director of Corporate Finance overseeing the regulation of corporate issuers. He is a Chartered Professional Accountant, Chartered Accountant and Certified Public Accountant (Illinois).