Le Pan resigns from OSFI

Nicholas Le Pan, the current head of the Office of the Superintendent of Financial Institutions (OSFI), has announced his resignation from the Canadian regulator two years before his term was due to expire.

Le Pan, who has been in his current office since 2001, led the Accord Implementation Group at the Bank for International Settlements. “He was well-regarded in the office. His departure will be a loss,” Said a spokesperson from the OSFI. “It will certainly be felt here as he has assisted in putting OSFI into the position of being one of the best prudential regulators and supervisors in the world. Because of his efforts, OSFI is well placed to continue meeting its mandate, in exemplary

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