(November 8 – 08:35 ET) ­ The British Columbia Ministry of Finance has appointed two new commissioners to serve on the Financial Institutions Commission.

FICOM is the agency that regulates credit unions, trust companies and the insurance industry in B.C. It is adding Alice Laberge and Dr. Geoffrey Young to a roster of six commissioners who were reappointed today: Stewart Cunningham, chairman; Ron Giammarino; Edith Skiber; Sharron Simpson; Ram Hira and Wallace Mah. All eight members were appointed for two-year terms.

Laberge, who lives in Vancouver, is a former senior vice president of finance and chief financial officer at MacMillan Bloedel. She set policy for financial functions and merger and acquisition activities at MacBlo.

Young has worked at assorted posts in the academic, public and private sectors. He has taught cost-benefit analysis and public finance, and advised in the B.C. and Alberta finance departments as an economist. He lives in Victoria.

“I¹m expressing my confidence in the performance of FICOM’s commissioners by reappointing the six members who have served the commission with dedication for the past two years,” Finance Minister Paul Ramsey said. “We have added two exceptional individuals who bring a vast amount of expertise to the commission.”