Ex investment banker Evan Siddall named CEO of Canada Mortgage and Housing Corp
TORONTO - Former investment banker Evan Siddall has been appointed the new president and chief executive officer of Canada Mortgage and Housing Corporation.
Siddall, who was most recently a special adviser to Bank of Canada governor Stephen Poloz, will serve a five-year term beginning Jan. 1.
Along with his position as adviser, he was also a member of the central bank's monetary policy review committee and its financial stability review committee.
Siddall has also worked in a variety of positions in investment banking and general management, including at BMO Nesbitt Burns, Goldman Sachs & Co., Lazard Freres & Co. LLC and Fort Reliance Co./Irving Oil Ltd.
â€œMr. Siddall brings to the position extensive leadership and senior management experience,â€ said Employment and Social Development Minister Jason Kenney. â€œHis proven financial and capital markets expertise will be of tremendous value to CMHC.â€
The CMHC is a government-owned agency that provides mortgage loan insurance and mortgage-backed securities as well as housing policy and programs research.
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