Board of Directors


David is the former Chief Executive Officer of Street Kids International. David was a partner in Development Initiatives Inc., an international consulting firm, and founder and President of the Community Business Resource Centre in Toronto, Canada, a highly successful entrepreneurship training centre and consulting organization in economic development.

As the CEO of the Canadian Youth Business Foundation and the Canadian Youth Foundation, David expanded the organization’s lending, mentor support and career planning programs for young people across Canada. David is the author of several publications on economic development and community and corporate partnerships. David is currently working as a consultant and instructor at Wilfred Laurier University.

Vice Chair

Carol is currently CEO of VHA Home HealthCare, a large homecare non-profit in Ontario. She holds an MSW from the University of Toronto and an MBA from York University’s Schulich School of Business. Committed to service excellence and innovation, Carol has a track record of accomplishments in both the health care and social service sectors in various clinical, leadership and consulting roles.

Prior to joining VHA in 1999, she held senior positions in acute and long-term care facilities and was Executive Director of a children’s mental health centre. Carol is a member of the Nonprofit Management Advisory Board for the Schulich School of Business and a peer reviewer for Accreditation Canada.

Clare Ashbee
Board Member

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.

Marion MacKenzie
Board Member

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. As President of GCI Canada, one of Canada’s best communications and engagement firms, she is 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).

Ted Nation
Board Member

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.

Heather Nelson
Board Member

Building on over 20 years in the charitable sector, Heather recently started a cause marketing, corporate partnership consultancy and is currently working with War Child and Royal Botanical Gardens. Prior to this new adventure, she was at Food Banks Canada where she oversaw major corporate partnerships and cause marketing campaigns.

Heather’s non-profit career began with Youth Challenge International in Guyana, South America, followed by senior leadership roles with Youth Challenge International in Canada and Street Kids International.

Heather has an MBA in non-profit management and is a Certified Fundraising Executive (CFRE).

Sharon Pel
Board Member

Sharon is the Chief Executive of Inglewood Advisory Services and formerly, Senior Vice President and Group Head of Legal and Business Affairs of TMX Group Inc., whose key subsidiaries – Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange, Natural Gas Exchange, Boston Options Exchange (BOX), Shorcan, Equicom and others – provide services to the global financial community.

Sharon was responsible for advising on all legal and regulatory issues that arose out of TMX Group’s operations and business initiatives. She joined TMX Group from a 21-year career at Torys LLP, the last 13 as a partner, during which she advised Canadian corporations on a wide variety of legal issues, in particular cross-border mergers, corporate finance and securities transactions, acquisitions and divestitures. Sharon holds an honours Bachelor of Arts from the University of Toronto and a LLB from the University of Ottawa. She is a Member of the Law Society of Upper Canada and the Canadian Bar Association. In 2008, Sharon became an accredited director through the ICD, Rotman School of Management Directors Education Program. Sharon brings her legal and business expertise, plus a strong commitment to children’s and women’s issues, to her role as a director with the CFTC Board.

Tim Prince
Board Member

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.

Aly Rahemtulla
Board Member

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.

Loraine Ronchi
Board Member

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.

Board Member

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 – an approach and strength he brings to his current role as Chair of the Finance and Audit Committee of the CFTC Board. Joseph is a graduate of the University of Waterloo and a member of the Canadian Institute of Chartered Accountants.


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.