Finance Minister Joe Oliver Wednesday announced the appointment of Sandra Hanington as Master of the Royal Canadian Mint for a term of five years.
The Mint is a federal Crown corporation responsible for the minting and distribution of Canada’s circulation coins.
As the CEO, the Master of the Mint reports to the board of directors and is responsible for providing leadership and direction in all aspects of the Mint’s activities, business performance and strategic development.
Hanington is an experienced senior executive with a strong background in the financial industry, strategic operations and corporate governance.
She is co-founder, board director and former board chair of Jack.org, which promotes mental health and wellness for youth in Canada. In 2014 she was appointed to the board of directors of Canada Mortgage and Housing Corp. and Extendicare, Inc. She has also served on the boards of Symcor Corp. and Kids Help Phone.
Hanington was previously executive vice president, BMO Financial Group. She joined BMO Financial Group in 1999 as vice president, insurance, and held a number of progressively senior executive roles in both Canada and the United States. Prior to joining BMO Financial Group, she worked for Manulife Financial/North American Life Assurance, Royal Trustco Ltd. and Suncor Inc./Sunoco Group.