May 27, 2019 – William Robson, President and CEO of the C.D. Howe Institute, announces the re-appointment of Mark Zelmer as a Senior Fellow.
“Mark has a remarkable breadth of experience in domestic and global financial sector regulation,” said Robson. “In addition to his writing on international prudential standards for the C.D. Howe Institute, he has been generous with his insights, and we look forward to continued collaboration.”
“I am honoured to be reappointed as a Senior Fellow and proud to be associated with the C.D. Howe Institute, which has an excellent reputation in Canada and abroad for sound public policy analysis,” said Zelmer.
Mark Zelmer has more than 30 years of experience dealing with financial sector policy and regulatory issues having worked for the Office of the Superintendent of Financial Institutions, Canada (OSFI); the Bank of Canada; and the International Monetary Fund (IMF). He served first as an Assistant Superintendent and then as Deputy Superintendent of Financial Institutions at OSFI from December 2011 until June 2016. Prior to that he spent more than 20 years with Bank of Canada serving in progressively more senior positions, including as the first leader of its Financial Stability Department from September 2008 until November 2011. He also spent almost four years with the IMF from January 2000 until November 2003 where he served first as senior economist and then as Deputy Division Chief in what is now its Monetary and Capital Markets Department.
Zelmer also has been an active contributor to the global regulatory reform agenda in the wake of the financial crisis. As a member of the Basel Committee on Banking Supervision from September 2008 through June 2016 he chaired the development of several components of the Basel III framework and led a peer review assessment of the European Union's adoption of Basel III capital requirements. He also served on the Financial Stability Board's Standing Committee on Supervisory and Regulatory Cooperation from July 2014 to June 2016 and co-chaired its work on structural vulnerabilities associated with the global asset management industry.
Zelmer has also been active since retiring from OSFI in 2016. In addition to preparing a report published by the C.D. Howe Institute, he conducted an independent review of the prudential supervision of a medium-sized bank for the Bank of England that was published in March 2019; helped the IMF with its assessment of the Japanese financial system in 2017; and currently serves on the boards of directors for Assuris and State Street Trust Company of Canada.
Zelmer holds a Master of Science (Business Administration) degree from the University of British Columbia and a Bachelor of Commerce (Honours) degree from Queen's University.
For more information please contact: C.D. Howe Institute at 416-865-1904; email: media@cdhowe.org.
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