OSFI Strengthens Integrity and Security Leadership with Turcotte's Return
Event summary
- Josée Turcotte appointed Deputy Superintendent, Integrity, National Security and Integrated Solutions at OSFI, effective September 8, 2026.
- Turcotte rejoins OSFI from the Ontario Securities Commission, where she served as Executive Vice President and Chief Operating Officer.
- She previously led OSFI's Emerging Risk Operations Directorate, focusing on non-financial risks including climate risk, cybersecurity, and integrity.
- Turcotte holds a Master of Laws and is a member of both Ontario and Quebec bars.
The big picture
OSFI's appointment of Turcotte underscores the growing importance of non-financial risks in financial regulation. Her background in emerging risks and operational leadership suggests a strategic focus on modernizing regulatory approaches amid rapid technological and economic changes. This move aligns with global trends toward stronger financial institution resilience and public confidence.
What we're watching
- Regulatory Modernization
- How Turcotte's experience will accelerate OSFI's modernization of regulatory data collection and analysis.
- National Security Focus
- Whether OSFI will intensify scrutiny of money laundering and other national security threats under Turcotte's leadership.
- Risk Management Evolution
- The pace at which OSFI integrates emerging risks like climate change and digital innovation into its regulatory framework.
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