Canadian Mortgage Insurer Market Overview | The CRO Perspective

10:00 AM - Tuesday, September 24
Whistler Blackcomb Ballroom

This will mark the 4th annual conversation with the Chief Risk Officers of the three Canadian Mortgage Insurers – CMHC, Sagen and Canada Guaranty. - Nadine Leblanc, Chief Risk Officer at CMHC - Curtis Gergley-Garner, Chief Risk Officer at Canada Guaranty - Craig Sweeney, Chief Risk Officer at Sagen Nadine, Curtis and Craig are always candid with their perspectives on risk management and where they see the key trends impacting the residential mortgage industry across Canada. During this panel discussion, moderated by Paul Akey, Chief Risk Officer at Wealth One Bank of Canada, we will look at key risk management topics including – interest rates and affordability, the housing market, policy, delinquency and credit quality, regulatory change, emerging risks and more.

Speakers

Paul Akey

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Paul Akey
Paul Akey, Chief Risk Officer, Wealth One Bank of Canada

Mr. Akey is a financial services executive with over 25 years of risk management experience. Paul has held leadership roles at Scotiabank in Risk Management, Finance, Business Lines, Sales and Service. For the past 7 years Paul has been the Chief Risk Officer for Wealth One Bank of Canada where he is responsible for all aspects of Risk Management across the Bank. Acknowledged as an expert in various disciplines, he has effectively managed risk through the economic cycle and across the full suite of banking products.

Mr. Akey holds an undergraduate degree from the University of Guelph and an MBA from Dalhousie. He is active in his community and serves on several advisory boards and is frequently invited to participate in industry roundtables and discussions.

Curtis Gergley-Garner

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Curtis Gergley-Garner
Chief Risk Officer, Canada Guaranty

As Chief Risk Officer, Curtis has more than 20 years of financial services experience. Having worked in both Canada and the United States, his diverse background includes customer and risk analytics, capital and portfolio management (including pricing and risk management for capital markets and consumer loan portfolios), economic and regulatory capital allocation, financial software development, customer up-lift and response analytics, and credit cards portfolio management.

Prior to joining Canada Guaranty, Curtis served as the Director of Risk Methodology and Analytics for Consumer Banking at BMO Financial Group where he led a team that developed and maintained all areas of credit risk and capital analytics, models, strategy, and methodology for more than $190 Billion of consumer loan exposures in Canada and the U.S. Curtis holds an Honours Bachelor of Arts degree in Economics from the University of Calgary and an MA in Economics from Simon Fraser University.

Nadine Leblanc

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Nadine Leblanc
Senior Vice-President, Corporate Affairs and Policy and Interim Chief Risk Officer, CMHC

Nadine Leblanc leads CMHC’s policy team, which provides evidence-based policy advice to ensure affordability and stability in Canada’s housing market. Meanwhile, as the executive in charge of Corporate Affairs, she is responsible for strategy and our ESG (environmental, social and governance) framework, corporate governance, communications and marketing activities, parliamentary affairs, correspondence, and briefings.

She also currently serves as CMHC’s interim Chief Risk Officer. She held this role previously through the COVID-19 crisis, leading the company’s crisis readiness planning and the creation of new financial stability programs.

Prior to working at CMHC, Nadine was a senior advisor at the Office of the Auditor General of Canada and was responsible for leading large Financial Crown Corporation audits, including CMHC’s financial audit.

Nadine joined CMHC in 2008 as part of the Finance team leading the development of major programs in response to the global financial crisis. She has also held the various executive roles at CMHC such as the Chief Audit Officer, the Chief Financial Officer as well as the position of Vice-President, Multi-Unit Underwriting.

Nadine is a CPA and holds a Bachelor of Commerce (Honours Accounting) from the University of Ottawa. In 2018, she received the prestigious Forty Under 40 award, which recognizes business leaders who give back to their community.

Craig Sweeney

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Craig Sweeney
Chief Risk Officer, Sagen

Mr. Sweeney has more than 22 years of professional experience in the mortgage and banking industry. Since joining the Company in 1998, Mr. Sweeney has held senior positions in Operations and Business Development, including Director of Risk Operations and Director of Product Development. Mr. Sweeney received an honours Bachelor of Arts degree in Economics from Carleton University in 1994.