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Position Name Tenure
Chair Ian McSweeney 11-Mar-2015 to 13-Sep-2025
Vice-Chair Bethune Whiston 17-Dec-2013 to 24-Sep-2026
Vice-Chair Paul Farley 05-Jan-2015 to 18-Nov-2025
Member Anthony Fredericks 11-Apr-2018 to 11-Apr-2025
Member Martin Guest 02-Dec-2021 to 02-Dec-2026
Member Caroline (Cally) Hunt 08-Feb-2018 to 08-Feb-2025
Member Christopher Portner 17-Aug-2017 to 13-Sep-2025
Member Nicholas Savona 18-Mar-2020 to 18-Mar-2025
Member Mohammad Faisal Siddiqi 01-Mar-2017 to 21-Mar-2026
Member Edward Skwarek 18-Mar-2020 to 18-Mar-2025
Member Ruth Wahl 02-Dec-2021 to 02-Dec-2026
Member Allan Shapira 02-Mar-2023 to 02-Mar-2025
Member Jane Waechter 23-Mar-2023 to 23-Mar-2025
Member Garnet Fenn 11-Jan-2024 to 11-Jan-2026

Member Bios

Ian McSweeney

Mr. Ian McSweeney became a member of the Tribunal in 2015 and was appointed Tribunal Chair on September 13, 2017. Ian is a retired partner of Osler, Hoskin & Harcourt LLP. At Osler, he chaired the firm’s Pension and Employee Benefits Department for many years and practised exclusively in that area for most of his 35 plus year legal career. Ian is a former member of Osler’s Executive Committee and a former Chair of the firm’s Legal Professionals Committee. He is the past Editor of Pension Benefits Law in Ontario (Carswell) and a former Vice-Chair of the Pension Commission of Ontario’s (later FSCO now FSRA) Legal Advisory Committee. Ian is also a former (founding) member of the executive of the Canadian Bar Association (Ontario) Pension and Benefits Section and former Chair and founding member of the International Pension & Employee Benefits Lawyers Association (IPEBLA). In 2016 Ian received the Ontario Bar Association Award of Excellence in Pensions and Benefits Law. Most recently, Ian served as Chair of the Financial Services Commission of Ontario (FSCO) prior to FSCO's transition into the Financial Services Regulatory Authority of Ontario (FSRA) on June 8, 2019. Ian is currently a member of the Headwaters Healthcare Centre Governance Committee, serves as Vice-Chair of the Orangeville Police Services Board and is a member of the Dufferin Child and Family Services (DCAFS) Board of Directors and Executive Committee. He has an honours business degree from Ivey (HBA, 1975) and obtained his law degree from The University of Western Ontario (LLB, 1979).

Bethune Whiston

Ms. Bethune Whiston was appointed a member of the Tribunal on December 17, 2013 and appointed Vice-Chair on April 11, 2018. Ms. Whiston is a retired Partner of the Ontario Retirement Solutions, and Regulatory, Governance and Compliance Practices of LifeWorks/TELUS Health.  For over 30 years she consulted, spoke and wrote internationally on pension & benefit plan issues.  Ms. Whiston co-managed both the Toronto Regulatory Practice, a large multi-specialty team of people working on over 180 pension plan wind-ups and restructurings in Canada and the Toronto legal consulting team. 

Bethune was a faculty member of the Osgoode Certificate in Pension Law for many years, and held leadership positions on a number of committees and councils in the industry.  Bethune was a regular participant on Industry Working Groups set up by the Canadian Association of Pension Supervisory Authorities and co-ordinated publication of many editions of the Morneau Shepell Handbook of Canadian Pension and Benefit Plans. Ms. Whiston holds a B.A. from Western University (1983) and a J.D. from the University of Toronto (1986).

Paul Farley

Mr. Paul Farley was reappointed as a member of the Financial Services Tribunal on February 5, 2016. He has practiced law for forty-two years and, in April of 2016, retired as the Director of Investigations and Prosecutions at the Chartered Professional Accountants of Ontario, a self-regulating professional organization with over 90,000 members. Mr. Farley has more than thirty-five years of experience in administrative law and appears often before administrative tribunals and at all levels of the courts in Ontario on the prosecution of regulatory offences. He served as a Chair of the Advisory Board for the Financial Services Commission for 11 years.

Mr. Farley was advisor to the Board of the Alliance for Excellence in Investigative and Forensic Accounting from 2002 – 2004. He served as a member of the Board of Directors of Stevenson Memorial Hospital in Alliston, Ontario for six years and, since May of 2021, serves as a member of the Board of Directors of Georgian Bay General Hospital. Mr. Farley continues his career in the law as a sole practitioner.

Anthony Fredericks

Mr. Anthony Fredericks has over 40 years of insurance experience, is a fellow of the Insurance Institute of Canada and a Canadian Risk Manager. Mr. Fredericks is the CEO for several companies, including A.M. Fredericks Underwriting Management Ltd., Canrisc Insurance Consulting and AMF Credit Corp.
A.M. Fredericks Underwriting Management Ltd. operates as a Managing General Underwriter, providing commercial insurance policies on behalf of domestic and foreign insurers. February 2018 marked the company’s 25th year in business. Canrisc Insurance Consulting Ltd. conducts borrower insurance reviews on behalf of financial institutions. The company has been in business for over 20 years. AMF Credit Corp. offers Commercial premium finance solutions for insureds across Canada. The company has been in business for 15 years.

In his spare time, Mr. Fredericks has spent 25 years teaching courses and marking final examination papers for the Insurance Institute of Canada.  

Martin Guest

Mr. Martin Guest was appointed to the Tribunal in December 2021.  Previously, he served as General Counsel Canada for Manulife, with responsibility for all legal and compliance activities for its Canadian Division, including banking, group benefits, insurance, investments, and pensions. Prior to joining Manulife, Martin was a partner at Torys LLP.  Prior to that, he spent 13 years at Fidelity Investments Canada.  He began his career at Osler, Hoskin & Harcourt.  A graduate of the University of Toronto, Trinity College (BA, 1984) and the Faculty of Law (LL.B., 1987); he is also qualified as a Chartered Financial Analyst (CFA, 1996) and holds the ICD.D designation from the Institute of Corporate Directors (2018).

Caroline (Cally) Hunt

Ms. Caroline (Cally) Hunt resides in Toronto and is Head, Finance Technology Transformation, Bank of Montreal.  She is responsible for modernizing process and technology to support the role of Finance as a strategic partner in driving business performance.  She is a member of the Chief Financial Officer’s Senior Executive Team, and the Bank’s Leadership Council on Inclusion and Diversity.   Ms Hunt has been at the Bank of Montreal since 1996, in increasingly more senior roles in accounting and finance.
Ms. Hunt received her LLB from the University of Western Ontario in 1980 and her Chartered Accountant designation in 1984.  She was made a Fellow of the Ontario CPA Institute in 2013.

Christopher Portner

Mr. Christopher Portner was appointed a member of the Financial Services Tribunal on August 17, 2017.  He recently completed a six-year term as a Commissioner of the Ontario Securities Commission and, for the last two years of his term, was also the Lead Director of the Commission’s Board of Directors. Prior to joining the Commission, Mr.   Portner was a senior partner of Osler, Hoskin & Harcourt LLP with extensive experience leading major transactions and providing governance and strategic advice to corporations in banking and financial services, pension and private equity investments and in the electricity, nuclear energy and major corporate real estate sectors.  He also served as the Managing Partner of his firm for a term of five years and as a director of a number of public, private and not-for-profit corporations.

Nicholas Savona

Nick Savona is Chief Compliance Officer at Independent Trading Group where he is responsible for regulatory oversight of capital markets and trading compliance. His career in capital markets spans over two decades in senior leadership roles in sales and trading at various firms, from large-scale and boutique broker dealers, to alternative trading systems with a global reach. In addition to his role at ITG, Nick is an adjunct professor at Seneca College’s school of accounting and financial services as well as an interim board member of the Health and Supportive Care Providers Oversight Authority.

In 2020, Nick was appointed by the Minister of Finance, as a member of the Financial Services Tribunal of Ontario, which adjudicates cases across financial services sectors. He also serves as a member of CIRO’s Ontario Regional Council and as a past member of the hearing panel from 2010-2019. Nick has been an active contributor to policy issues on various industry committees, including the OSC’s Market Structure Advisory Committee, IIAC’s Independent Dealer’s Committee, past Vice-Chairman of the Canadian Security Traders’ Association (CSTA) and a Governor of the Security Traders’ Association (STA). Nick is a regular guest contributor to the Financial Post, Traders Magazine and Markets Media on issues regarding securities regulation and market structure.

Nick holds an LL.M. from Osgoode Hall Law School with a major in Securities Law.

Mohammad Faisal Siddiqi

Mr. Faisal Siddiqi is a Managing Director, Actuarial with the University Pension Plan (Ontario). Prior to that he was employed with several major actuarial consulting firms and has been consulting on pension matters for over 30 years. In his role at UPP, Faisal manages all actuarial matters and supports the plan’s risk management and investment functions. Faisal graduated with distinction from the University of Waterloo with a Bachelor of Mathematics degree in Actuarial Science with a minor in Statistics. He is a Fellow of the Society of Actuaries and Canadian Institute of Actuaries and is a frequent speaker at many pension and actuarial meetings. He has participated in many Society of Actuaries and Canadian Institute of Actuaries professional exam and pension industry committees.

Edward Skwarek

Mr. Ed Skwarek was appointed as a member of the Financial Services Tribunal on March 18, 2020. Ed is currently Vice President of Legal and Regulatory matters at The Financial Advisors Association of Canada.  In this capacity he oversees all internal legal matters, in addition to working with regulators in the financial services sector and governments in reviewing, assessing, and commenting on legal and regulatory reforms impacting financial services, insurance, and capital markets.  He also oversaw the Public Relations, Marketing, and Communications and undertook to rebuild these teams.

Ed writes extensively on issues of reform within the broader financial services sector. He has worked for a major Bay Street law firm, securities regulators, product developers and distributors. Ed holds a B.A. from York University, an LL.B. from the University of Windsor, and has two specialists LL.M. from the London School of Economics in Corporate and Securities Law, and International Business Law.

Ruth Wahl

Ms. Ruth Wahl was appointed a member of the Financial Services Tribunal on December 2, 2021. She is a senior partner practising in the Business Law Group of Norton Rose Fulbright Canada LLP. She has an LL.B. and an LL.M. (Banking and Financial Institutions) from Osgoode Hall Law School at York University. As Chair of the firm’s national Research Team, she provides opinions, analysis and advice on a broad range of legal and compliance issues. She has chaired and served on the boards of non-profit corporations and taught advanced legal analysis to upper-year law students and Bar Admission candidates. Ruth has written on a wide range of topics, most recently authoring the “Canada” chapter of Set-off Law and Practice, An International Handbook (Oxford University Press), COVID-19: Legal considerations for Canadian boards (NRFC Thought Leadership Publications) and, as co-contributor with Maurice Coombs, updating the Business Corporations (2022 Re-issue) chapter for Halsbury’s Laws of Canada.

Allan Shapira

Mr. Allan Shapira was appointed a member of the Financial Services Tribunal in March 2023. He is a Senior Partner in Aon’s Wealth Solutions business in Canada. Over his 45-year career with Aon (formerly Hewitt), he has served as the actuary to a broad range of pension plans in both the private and public sectors, and consulted on the design, funding and administration of these programs.   

Allan has served as the Chair of the Actuarial Advisory Committee to the then Financial Services Commission of Ontario. He also served as a member of the Ontario Minister of Finance's Advisory Council on Pensions and Retirement Income and the Ministry of Finance’s Stakeholder Reference Group established in connection with Ontario’s review of the solvency funding framework for defined benefit plans.  He is a frequent speaker on pension-related topics.

Allan is a Fellow of the Canadian Institute of Actuaries, a Fellow of the Society of Actuaries and a graduate of the University of Manitoba with a B.Sc. (Hons) in actuarial mathematics.

Jane Waechter

Jane Waechter has over 25 years of litigation and financial services industry experience.   She led litigation teams at two banks: as Head of Canadian Litigation at RBC, and as Chair of the Litigation Practice Group and Global Head of Capital Markets Litigation at BMO. Ms. Waechter was a member of the enforcement litigation team at the Ontario Securities Commission, where she was lead counsel in complex precedent-setting litigation. She was also an equity partner in the advocacy group at Gowlings, and began her career at Price Waterhouse.  She has argued cases before tribunals and at all levels of court, including the Supreme Court of Canada.  Ms. Waechter is a hearing committee member at the Canadian Investment Regulatory Organization.  She is a CPA, CA, with an ICD.D designation.  

Garnet Fenn

Mr. Fenn is formerly the Global Group Assistant Treasurer of DaimlerChrysler LLC and Cerberus-Chrysler in Auburn Hills, Michigan, and Vice President and CFO/Treasurer of Canadian operations. He was the Chief Compliance Officer of the company’s global funded trusts including its pension plans and Financial Controller of benefit plans. He was a member of the Global Benefits and Investment Strategy Committees and interfaced with several operational groups. Mr. Fenn is a Fellow Chartered Professional Accountant (Ontario, FCA, FCMA, FCGA) and Certified Public Accountant (Michigan) and has completed CPA Canada’s tax specialty programs. He is a member of the Chartered Financial Analysts Institute, Canadian Securities Institute, the Institute of Corporate Directors and is a Fellow Chartered Governance professional granted through the Canadian Governance Institute of Canada.

Mr. Fenn is a former Commissioner and Board member with the Ontario Securities Commission in Toronto, Ontario and was the Chair of its Audit and Finance and Risk Committees.  This role included policy development, adjudication and board governance. He is currently Board Chair at EnWin Utilities in Windsor, Ontario where he has served as Chair of the Audit, Finance and Risk Committee and is a member of the Executive Committee. He is actively involved in several not-for-profit organizations and CPA programs in financial literacy, data analytics and cyber awareness for boards.