The British Columbia Securities Commission announced today the appointment of three new commissioners.

The new commissioners are Neil Alexander, Marc Foreman and Bob Milbourne.

The trio have been appointed to three-year terms effective immediately. Their appointments increase the size of the BCSC’s team of commissioners to 10.

“The new commissioners bring a wide range of experience to securities regulation in British Columbia,” said BCSC vice chair Joyce Maykut.

Alexander spent 21 years with the Bank of America in Vancouver, Toronto and London (U.K.), most recently as managing director in Vancouver. He brings to the BCSC a banking and debt market perspective the commission has not had for a few years.

Foreman spent 25 years with the Vancouver Stock Exchange and Canadian Venture Exchange and in 1988 led the implementation of the first fully automated trading system in North America. His expertise should prove useful to the BCSC in the coming world of automated trading systems.

Milbourne is a professional engineer and part-time business consultant in Vancouver, providing strategic, financial and operation advice. Prior to his retirement in 1997, Milbourne was president, chief operating officer and director of Stelco Inc. and has significant experience and understanding of the legal and financial obligations of a reporting issuer under the Securities Act and of the challenges of corporate governance. He also served as a commissioner with the Ontario Human Rights Commission with the latter part of his term as interim chief commissioner.