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Former industry executive and commissioner with the Ontario Securities Commission (OSC) Judith Robertson has been appointed to lead the federal Financial Consumer Agency of Canada (FCAC).

Finance minister Bill Morneau announced that Robertson has been appointed to a five-year term as FCAC commissioner, starting Aug. 19.

Robertson, who served as an OSC commissioner from 2011 to 2017, is also currently on the board of Ontario’s new provincial regulator, the Financial Services Regulatory Authority of Ontario (FSRA), which formally launched earlier this month.

“Her significant experience in the financial sector makes her an ideal choice to continue FCAC’s mandate to protect Canadian consumers and promote financial literacy,” Morneau said in a statement.

Last year, in the wake of concerns about the quality of consumer protection in the banking sector, the FCAC’s oversight powers were strengthened, and it created a new enforcement division to bolster its ability to investigate possible misconduct.

Along with her regulatory experience, Robertson has had an impressive career in the financial industry.

She was previously president and CEO of Belzberg Technologies Inc., executive vice president of Perimeter Financial Corp., CEO of Markets Inc., managing director at Barclays Global Investors and vice president with CIBC Wood Gundy.