The Investment Industry Regulatory Organization of Canada (IIROC) has appointed Andrew J. Kriegler as president and CEO.
He will take on the role beginning Nov. 1, 2014, and will also become a member of the IIROC board of directors at that time.
Kriegler currently serves as deputy superintendent of the Office of the Superintendent of Financial Institutions. He has more than 25 years of experience in the financial services industry, including executive positions in treasury and HR and in areas such as debt capital markets, securitization and fixed income trading.
“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,” says Marianne Harris, chair of IIROC. “As an industry veteran, he has shown strong leadership, particularly in risk management and investor protection.”
The Investment Industry Association of Canada (IIAC) welcomed the news.
“Mr. Kriegler brings to the role a strong capital markets background and direct experience in the investment industry,” says IIAC president and CEO Ian Russell. “In addition, he has a respected management background at the senior-most levels.”
Kriegler will succeed Susan Wolburgh Jenah who, earlier in the year, announced her intention to step down from her role as president and CEO at the end of October.
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