Lucie Tedesco was appointed Commissioner of the Financial Consumer Agency of Canada (FCAC) in September 2013, for a five-year term. She previously served as Deputy Commissioner from 2008. As FCAC Commissioner, Ms. Tedesco ensures that federally regulated financial entities comply with consumer protection measures as outlined in Canada’s Bank Act and helps advance the financial literacy of Canadians. She serves as a member of the federal Financial Institutions Supervisory Committee (FISC), and is also a board member of the Canada Deposit Insurance Corporation (CDIC). In 2016, Ms. Tedesco was appointed Chair of the International Financial Consumer Organisation (FinCoNet), an international association of supervisory authorities responsible for financial consumer protection. Prior to this appointment, she was Vice-Chair from 2013. She is also a faculty member of Osgoode Hall’s Regulatory Compliance and Legal Risk Management for Financial Institutions Program.
Ms. Tedesco began her career in private practice with Burke-Roberston, Barristers and Solicitors, where she specialized in insurance law. She went on to hold senior leadership roles with major Canadian financial institutions. In 2000, Ms. Tedesco joined Export Development Canada (EDC) where she took on increasingly senior positions, finishing her career there as Vice-President, Strategy and Planning.
A member of the Ontario Bar, Ms. Tedesco holds a Bachelor of Arts degree (Lettres françaises) and an LL.B. from the University of Ottawa. Ms. Tedesco is a member of IIROC’s Finance, Audit and Risk Committee and a member of IIROC’s Human Resources and Pension Committee.
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