Board of Directors


Sharon Pel is a corporate director and was Senior Vice President, Group Head of Legal and Business Affairs and Corporate Secretary of TMX Group Limited until 2015. At TMX Group, she was responsible for advising the TMX board and executive management on all aspects of its governance, operations and legal and regulatory affairs. Prior to that, she was a partner at Torys LLP, where she advised clients on a wide variety of legal issues including cross-border mergers, corporate finance and securities transactions, acquisitions and divestitures. Sharon currently provides consulting services through her firm, Inglewood Advisory Services. She is the Vice Chair of OPTrust, the administrator of the OPSEU Pension Plan — a defined benefit plan with over 92,000 members and retirees. Sharon is also a member of the board and of the Nomination and Governance committee of IPL Plastics Inc. (TSX:IPLP).

Sharon holds an Honours Bachelor of Arts from the University of Toronto and a LL.B from the University of Ottawa. She is Member of the Law Society of Ontario and holds the ICD.D designation. Sharon brings her legal and business expertise, plus a strong commitment to children’s and women’s issues, to her role as Chair of the CFTC Board.

Vice Chair

Joseph is Senior Vice President, Finance at Mattamy Homes, North America’s largest, privately-owned home builder. Previous to this role, Joseph held a variety of senior leadership positions, including Global Leader, Operational Excellence at Husky Injection Molding Systems; Chief Financial Officer with Workopolis; and various senior financial roles with Loblaw Companies.

Joseph has proven expertise in strategic planning, continuous improvement, mergers and acquisitions, planning and analysis, business intelligence and developing teams across numerous industries for both national and global organizations. As a senior financial executive, Joseph partners with CEOs and Boards of Directors to drive strategy, execution and enterprise value.

He is passionate about building and developing teams and driving improvement to change the results of an organization, expertise he brings to his current role as Vice-Chair of the CFTC Board. Joseph is a graduate of the University of Waterloo and a member of the Canadian Institute of Chartered Accountants.

Marion MacKenzie
Chair, Nomination & Governance Committee

Marion is an award-winning senior communications executive with global experience in both the corporate and consulting sectors, enjoying a particular focus on issues and stakeholder relations and strategic communications. Most recently she was President of GCI Canada, one of Canada’s best communications and engagement firms, where she was most proud of GCI being recognized as one of the “Greater Toronto Top 100 Employers” in 2015, 2016 and 2017.

Marion holds a Master of Business Administration from the Joseph L. Rotman School of Management, University of Toronto, and a Bachelor of Public Relations with Distinction from Mount Saint Vincent University. She is a member of the Institute of Corporate Directors and holds her ICD.D. certification. Marion is also a graduate of the Rotman “Judy Project” for women executive leaders and a member of the International Women’s Forum (IWF).

Tim Prince
Chair, Finance & Audit Committee

Tim is Partner, Head of Integration and Separation Advisory, Deal Advisory for KPMG Canada, where he leads Canada’s largest Integration and Separation practice with a team of 15 dedicated specialists.

He has worked on over 100 integrations and separations over the last 13 years and also conducted research into mergers and acquisitions that was published in the Financial Times. Tim has a B.Sc. from the University of Strathclyde, UK and is an Associate (ACMA) of the Chartered Institute of Management Accountants in the UK.

Clare Ashbee

Clare is a finance professional who provides international clients with advice on large scale, complex projects in the energy, transport, telecommunications, health and education sectors. Most recently, Clare developed the financing strategy for a start-up company developing energy assets in Ghana. Prior to that, Clare held positions in the Energy and Infrastructure teams at Investec Bank in Toronto and PwC in London, England. In 2015, Clare was nominated for the Canadian Women in Infrastructure Emerging Leader Award.

Clare also has experience working in international development having held positions at the Aga Khan Foundation and the African Development Bank. During this time, Clare focused on developing programs and financial tools to support the growth of small and medium sized enterprises. Clare has a Masters Degree in Economics from the University of British Columbia and an undergraduate degree in Applied Economics from Queen’s University.


Tim has over 25 years of finance, consulting and leadership experience, across a wide range of industries and companies, helping organizations improve what they do. He has worked at IBM’s Americas head office and Worldwide Services head office, helping leaders improve strategy and execution. He has also assisted NGOs in Canada and Africa helping to enhance strategy, financing and operations. Currently, Tim works at Sun Life Financial as a Director of Finance, overseeing planning, budgeting, forecasting and reporting on more than $6B of expenses. Tim’s prior roles at Sun Life include work in strategic planning, special projects and financial operations management.

Tim holds a B.A. from the University of Toronto, an M.A. from the University of Guelph and an M.B.A from Yale University. He has completed the Executive CMA Program and has earned the CPA, CMA designations. He serves as Adjunct Faculty at a number of post-secondary institutions, and has taught strategy, finance, accounting, ethics, research and international management at Nipissing University, Algonquin College, and the Insurance Institute of Canada. He also serves as a course facilitator for CPA Ontario. 


Reema is a Partner in KPMG’s Risk Consulting practice. She has over fifteen years of experience providing assurance and advisory services to clients in the financial services industry, with a focus on the banking and asset management sectors. Reema led audit engagements on many high profile clients including audit committee communications. She developed and led financial control testing programs, assisted with complex accounting standards’ implementation projects, and independent reviews of the governance, accounting standards and controls frameworks of oversight functions. Reema continues to help her clients navigate their governance and risk management journeys in the current heightened regulatory environment and increasing demands by stakeholders in the financial services sector.

Reema is a CPA, CA and has earned her Bachelor of Arts-Honours and Masters of Accounting from the University of Waterloo. She is a member of the Board of Directors and Treasurer of Macaulay Child Development Centre. She enjoys travelling with her husband to explore different cultures and while in Toronto she practices yoga, Pilates and stand-up paddles through the summer months. Reema believes that investing in our children’s education, well-being and the sustainability of their communities builds the foundation for success in the future.

Ted Nation

Ted is President of Yield Branding, a strategy and creative boutique based in Toronto that works with clients to better articulate and express their brand story.

Ted has lived and breathed the advertising and branding world for more than 30 years in Canada and overseas. His career began with J. Walter Thompson in Toronto, and then, given the opportunity to run the Pepsi business in Brazil, Ted accepted a transfer to Rio de Janiero. This was followed with office management roles in Singapore, Santiago, Chile before moving back to Canada where he ran J. Walter Thompson Canada. At age 40, Ted decided his career needed a pivot so he took the entrepreneurial challenge, which led him to Goodgoll Curtis before joining Yield Branding in 2004.

Ted attended McGill University as an undergraduate, and the Université de Strasbourg for post-graduate studies. Through his travels Ted has mastered French, Spanish and Portuguese. He has been a board member of Boost, Child Abuse Prevention and Intervention, CANFAR, Branksome Hall and the advisory board of Sheridan College.

Jos Nolle

With a master’s degree in Industrial Design Engineering – Business Management, Jos’s early career included roles as small business development consultant at the Dutch Ministry of Industry and as an airline analyst at Fokker Aircraft in Amsterdam, where he marketed to airlines in Spain, Mexico, Brazil and Argentina. In 1988, Jos made a significant career change joining Doctors Without Borders (Medecins Sans Frontières), first as Country Coordinator in Mozambique, then Director Human Resources in Amsterdam, and finally as the first Executive Director of MSF Canada.

Jos moved to the education sector in 1995, becoming Director International Education at Niagara College Canada. In that role, he oversaw revenues from international student recruitment and project delivery grow from $0.5M to $20M over 17 years. In 2013, Jos worked on loan with Colleges and Institutes Canada in Colombia as technical advisor to the Education for Employment program (a five-year, $20M program funded by Global Affairs Canada).

Jos currently serves as Executive Director, Seneca International at Seneca College in Toronto, where he oversees $130M in annual revenues and capacity building development projects for the technical and vocational education and training sectors in China, India, Kyrgyzstan, Egypt, Kenya, Tanzania, Mozambique, Panama, Colombia and Ecuador.

Aly Rahemtulla

Aly is the President and Chief Executive Officer of BSM Technologies Inc. in Toronto and has been Chairman of ANR Capital Inc., a privately-held merchant bank investing in private and public small cap growth companies, since 2004. Aly is an entrepreneur who specializes in identifying and growing organizations. He led his current company in a turnaround effort that brought it from near-bankruptcy to becoming one of the world’s top 20 commercial fleet telematics providers, leading it through seven successful acquisitions.

For two years, Aly served as a Board Director with the London Community Foundation, and since 2012 he has been a local and international member of the Young Presidents Organization. He joins the CFTC Board with an ICD.D. designation from the Institute of Corporate Directors and Rotman School of Management, and a strong desire to give back and support children in Canada and internationally.


Jennifer recently joined the National Inquiry into Missing and Murdered Indigenous Women and Girls as its Executive Director. The mandate of Canada’s first national inquiry is to examine and report on the systemic causes of all forms of violence against Indigenous women and girls and 2SLGBTQ people by looking at the impacts of colonization, racism and sexism among other factors. The goal is to offer effective recommendations that will end a national tragedy.

Currently on leave from the Province of Manitoba, where she is an Assistant Deputy Minister in the Department of Families, Jennifer is an experienced social services leader responsible for programs that support some of Manitoba’s most vulnerable citizens. She is accountable for human resource management of 160 staff and financial management of an annual budget of more than $860 million.

Jennifer spent a decade at the University of Winnipeg becoming its first Associate Vice-President, Indigenous, Government and Community Affairs. Believing that access to education can create a more equitable Canada, Jennifer led strategic planning and identified and implemented ways to break down barriers and promote access to post-secondary education and Indigenous and newcomer student success. In 2012, she received the Queen Elizabeth II Diamond Jubilee Medal for her contributions to education and community.

Jennifer also brings 14 years of communications expertise as an award-winning television journalist with CBC Television, CTV News and WTN. A proud member of Peepeekisis First Nation with roots in Northern Manitoba, she is one of the first Indigenous women to anchor the television news in Canada.

Jennifer holds a joint Master of Public Administration degree with distinction from the universities of Winnipeg and Manitoba with a specialization in business and government relations from the Asper School of Business. She also holds a Bachelor of Arts degree from the University of Manitoba and is a graduate of the Executive Program at the Rotman School of Management, University of Toronto. She has significant governance experience on national and regional boards and councils, and currently sits on the boards of CBC/Radio-Canada, the Manitoba Museum Foundation and the Conference Board of Canada’s Indigenous Peoples Roundtable on Skills and Post-Secondary Education.

Loraine Ronchi

Loraine leads the Global Agribusiness team at the World Bank Group (WBG), focusing on sustainable and inclusive agribusiness development programs and strategies. In her 13 years at the WBG, she has led large agriculture productivity programs for poverty reduction, including the first project of the Global Agriculture and Food Security Program (GAFSP), the G20-born multilateral donor fund supporting food and nutrition security in over 30 low income countries.

In addition to project work, Loraine has led evidence-based policy dialogue and research on food security and agricultural sector development, both from WBG headquarters and from a country office base in Rwanda.

Loraine joined the WBG from the fair trade sector where she worked with private sector chocolate and coffee companies to support the monitoring and evaluation of the impacts of fair trade on farmers and their organizations, the topic also of her PhD thesis.

Loraine is an Ontario Rhodes Scholar; she holds an MPhil in Economics from Oxford University, and her PhD in Economics from Sussex University, UK.


Finance & Audit

The Finance and Audit Committee (FAC) is accountable for both traditional finance and traditional audit responsibilities, which include providing guidance, review and oversight to the development of the annual budget and monitoring organizational performance versus budget; reviewing and recommending investment policy to the board; assessing overall financial risks and overseeing management’s risk mitigation strategies; and providing oversight to CFTC’s internal controls.

The FAC recommends the appointment of the external auditor to the board, monitors their independence, and reviews and recommends approval of the audited statements by the board. It also recommends the annual budget to the board, with the board responsible for final budget approval


The Nomination and Governance Committee’s (NGC) mandate is to assist the CFTC Board in fulfilling its oversight responsibilities in relation to nomination of directors; the size, composition and structure of the board and its committees; the overall approach to corporate governance; and the orientation and continuing education for directors.