Regulator is gearing up for new strategic plan
The Ontario Securities Commission (OSC) has extended Grant Vingoe’s tenure as chief executive officer for another five years.
The decision was made by the OSC’s board of directors, which expressed their continued truest in Vignoe’s leadership.
In a statement announcing the move, board chair Kevan Cowan commended Vignoe for being a “steadfast and unwavering champion of Ontario’s capital markets.”
Cowan spoke of Vignoe’s achievements as CEO, stating that his leadership allowed the OSC to deliver “critical initiatives” that increased investor protections, improved regulation for market participants, and opened new avenues for raising capitals.
“With Grant at the helm, the OSC is well positioned to navigate the opportunities and challenges that lie ahead, and deliver results for Ontario under our new strategic plan,” Cowan added.
The OSC is currently developing a strategic plan that will outline its direction for the next six years. It will be published this spring.
Vingoe, who initially took on the role of OSC’s first exclusive CEO in 2022, had previously served as both chair and CEO before the two roles had been separated by the enactment of the Securities Commission Act, 2021. He remains a member of the OSC’s board of directors.
Commenting on the extension of his term, Vignoe said he is eager to lead the OSC into the “next phase” of its journey.
“In the coming months, I look forward to unveiling an ambitious six-year strategic plan that is responsive to emerging trends, supportive of innovation and growth, and sustainable over the long term,” said Vignoe.
“We are operating in an environment marked by rapid technological advancements, changing demographics, and shifting investor attitudes. This evolving landscape is challenging traditional models of regulation and enforcement, and we must adapt to continue supporting the people and businesses of Ontario.”
