Newsletter Jul/Aug 2007: Dickson appointed Canada’s top bank regulator

OTTAWA – Julie Dickson, the new head of Canada’s Office of Superintendent of Financial Institutions, is well known among her peers from leading industrial countries, having served until 2006 on the Basel Committee, which effectively sets prudential banking standards around the world. Her appointment as Canada’s new superintendent for a seven-year term, announced in early July, had been widely expected. She had been acting superintendent for close to a year, following the sudden departure of her predecessor, Nick Le Pan, who had served only five years of his seven-year term.