Lucie Tedesco was appointed Commissioner of the Financial Consumer Agency of Canada (FCAC) in September 2013, a position she held until June 2019. She previously served as Acting Commissioner between June 2013 and September 2013 and as Deputy Commissioner from 2008. As FCAC Commissioner, Ms. Tedesco ensured that federally regulated financial entities complied with the consumer protection measures in the Bank Act and helped strengthen the financial literacy of Canadians. She served as a member of the federal Financial Institutions Supervisory Committee (FISC), and was an ex officio 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 organization of supervisory authorities responsible for financial consumer protection. Prior to this appointment, she was Vice-Chair from 2013. Ms. Tedesco is also a faculty member of Osgoode Hall’s Regulatory Compliance and Legal Risk Management for Financial Institutions Program.
Ms. Tedesco began her career with Burke-Roberston, Chadwick and Ritchie, as a financial services litigator. 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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