The Financial Services Regulatory Authority of Ontario (FSRA) announced Jan. 27 that its executive search for a new CEO, launched in May 2023, has come to an end with the appointment of Dexter John.
Currently the president and CEO of Morrow Sodali (Canada) Ltd., John also currently serves as a member of FSRA’s board of directors. He will officially assume his role as FSRA’s CEO on March 1, 2025.
During his time with the organization thus far, John chaired the business technology transformation committee and was an active member of the regulator’s human resources and governance committee and statutory funds advisory committee. “His knowledge of FSRA’s operations and priorities and market business experience uniquely positions him to lead the organization into its next phase of regulatory modernization and impact,” FSRA stated in an announcement.
“Mr. John’s leadership and strategic insight will be invaluable as FSRA continues to modernize Ontario’s financial services regulatory framework,” added Joanne De Laurentiis, current chair of FSRA’s board of directors. De Laurentiis’ own mandate was extended by a year, announced in early July 2024, to provide continuity to the organization through its transition period.
John takes over from Stephen Power, FSRA’s executive vice president of corporate services who was acting as interim CEO after former CEO, Mark White resigned following his confirmation as chair of the Ontario Energy Board back in May 2024. John’s resume also includes work as senior vice president and executive vice president with D.F. King Canada and as executive vice president and general counsel to Kingsdale Shareholder Services Inc.