Office of the Superintendent of Financial Institutions
I am writing Federally-Regulated Financial Institutions and Pension Plans to share important, upcoming organization changes at OSFI. Last fall, we launched OSFI’s
Blueprint to guide our overall direction as an organization through to 2025. We set out on an ambitious transformation agenda created in response to a risk environment characterized by intensifying uncertainty. With our strategy set by our
Blueprint and accompanying strategic plan (which we will publish soon), we turned our attention to aligning OSFI’s organization structure with our strategy.
Accordingly, I am writing to inform you of details of OSFI’s new top-level organizational structure which will become effective in early April 2022. We believe this structure will position OSFI to fulfill our mandate of contributing to public confidence in Canada’s financial system in today’s volatile risk environment.
OSFI’s new structure has six areas of responsibility:
We will be moving swiftly to staff the vacant Assistant Superintendent, Policy, Innovation and Stakeholder Affairs position. In the interim, the sector will report directly to Jamey Hubbs.
Peter Routledge Superintendent