OSFI Strengthens Risk Leadership with Bank of Canada Veteran
Event summary
- Jing Yang joins OSFI as Deputy Superintendent, Risk, Strategy and Policy on August 24, 2026
- Yang previously served as Managing Director of Economic and Financial Research at the Bank of Canada
- She led the Bank's Financial Stability Department and represented Canada on the Basel Committee on Banking Supervision
- Yang brings over a decade of experience from international financial institutions including BIS and ECB
- Her role focuses on regulatory modernization for financial resilience and economic growth
The big picture
OSFI's appointment of Jing Yang reflects the growing need for regulatory agencies to adapt to rapid financial sector evolution. With her extensive experience in financial stability and international regulatory standards, Yang's leadership could significantly influence Canada's approach to risk management and regulatory modernization. This move comes as financial institutions worldwide face increasing pressure to balance innovation with systemic stability.
What we're watching
- Regulatory Modernization
- How Yang's international experience will shape OSFI's approach to evolving financial risks and innovation
- Policy Implementation
- Whether OSFI can balance financial resilience with promoting competition and economic growth
- Global Standards Alignment
- The pace at which OSFI integrates Basel Committee standards into Canadian regulatory framework