Maureen Jensen will helm Canada's largest securities regulator for another three years, the Ontario Securities Commission (OSC) announced on Monday.
Jensen, who was first appointed OSC chairwoman and chief executive officer for a two-year term in February 2016, has signed on for another three years. She will now head the commission until Feb. 10, 2021.
As head of the OSC, Jensen has championed investor protection reforms, measures to accommodate the emergence of financial technology, and efforts to improve the representation of women on corporate boards and in executive suites, among other policy priorities.
"Maureen Jensen is an outstanding leader who brings exceptional value and expertise to the province's securities sector. As chair, she has worked tirelessly to improve women's representation on boards, enhance whistleblower protection, and advance the Ontario government's push toward a co-operative capital markets regulator. I look forward to her continued oversight on these important initiatives," says Charles Sousa, Ontario minister of finance, in a statement.
"I look forward to continuing to lead the OSC and working alongside market participants and our dedicated staff to foster an environment that is competitive and attractive for Ontario's businesses and investors. I remain strongly committed to moving forward with key reforms to better protect investors, reduce regulatory burden and support innovation in capital markets," says Jensen in a statement.
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