TORONTO, Sept. 10, 2020 /CNW/ - The Canadian Council of Insurance Regulators (CCIR) is pleased to announce the appointment of Frank Chong as CCIR Chair.
As Vice President and Deputy Superintendent, Regulation, with the BC Financial Services Authority, Mr. Chong is a seasoned leader and regulatory executive, bringing over 20 years of financial services sector experience to the role. Mr. Chong has also served as a CCIR Vice Chair.
The CCIR also wishes to acknowledge the significant leadership of the outgoing chair, Patrick Déry. Over the past five years, Mr. Déry oversaw the development and implementation of strategic initiatives including, the Framework for Cooperative Market Conduct Supervision in Canada, the Annual Statement on Market Conduct and the joint CCIR/CISRO guidance on the fair treatment of customers.
"I would like to thank Patrick Déry for his tremendous leadership of CCIR and am very honoured to be appointed as the next CCIR Chair. For over 100 years, CCIR has been at the forefront of promoting consistent regulatory approaches across jurisdictions. During a time of innovation and rapid change, I look forward to continuing to work collaboratively with CCIR members and the industry to enable modernization while maintaining fair treatment of customers and public confidence in the insurance sector," said Frank Chong.
About CCIR
The Canadian Council of Insurance Regulators (CCIR) is an inter-jurisdictional association of insurance regulators. The mandate of the CCIR is to facilitate and promote an efficient and effective insurance regulatory system in Canada to serve the public interest. We work together to develop solutions to common regulatory issues.
Current strategic priorities and initiatives of the CCIR are outlined in the CCIR 2020-23 Strategic Plan.
SOURCE Canadian Council of Insurance Regulators (CCIR)
Media Contact: Malon Edwards, (For English media - Toronto), 647-296-5479; Sylvain Théberge (For Francophone media - Montréal), 514-940-2176
Share this article