OSC Announces Commissioner Appointments

    TORONTO, Sept. 9 /CNW/ - David Wilson, Chair of the Ontario Securities
Commission (OSC) announced today the appointments of Commissioners James
Carnwath effective August 12, 2009, as well as Sinan Akdeniz and Charles
Wesley Moore (Wes) Scott effective September 8, 2009, each for a term of two
    "I welcome the addition of Messrs. Carnwath, Akdeniz and Scott as
Commissioners and Board members," said Mr. Wilson. "These individuals bring
the breadth of knowledge and experience necessary to discharge the
adjudicative, as well as regulatory and operational oversight activities of
the OSC."
    James Carnwath is a former Justice of the Divisional Court, Ontario
Superior Court of Justice and was the Senior Judge for the Central-West
Region. He retired after 29 years on the bench. He has served as Chair of the
Education Committee of the Canadian Institute for the Administration of
Justice, and was responsible for the organization, staffing and course content
of the Seminar for Newly-Appointed Federal Judges and for the Judicial Writing
Seminar for federally appointed judges. He was called to the Bar in 1962 and
holds an Honours Bachelor of Arts degree in English and a Bachelor of Laws
degree from the University of Toronto.
    Sinan Akdeniz qualified in the United Kingdom as a professional
Accountant. He held progressively senior positions with TD Bank Financial
Group. Initially joining in an internal audit role, Mr. Akdeniz became a
Derivatives Structurer and then progressed to trading management roles of
increasing responsibility. Prior to joining TD Bank Financial Group, Mr.
Akdeniz worked with Touche Ross & Co. UK and was a Royal Air Force Regiment
Officer. He holds an Honours Bachelor of Science degree in physics from the
University of Manchester.
    Wes Scott is a retired corporate executive who spent over 30 years in the
Bell Canada group, retiring in 2001 as Chief Corporate Officer of BCE Inc. and
Vice Chairman of Bell Canada. Throughout his career he held many senior
positions in Finance, Operations and Regulatory matters. Mr. Scott has been a
member of many public and private company boards in Canada and the United
States. He has been an active volunteer, notably with the Hospital for Sick
Children, Duke University's Centre for Canadian Studies and the Toronto
Learning Partnership, of which he was a founding director. Mr. Scott holds a
Masters in Business Administration degree from Harvard University and a
Bachelor of Commerce from University of Toronto.

    As the regulatory body responsible for overseeing the capital markets in
Ontario, the Ontario Securities Commission administers and enforces securities
legislation in the province of Ontario. The OSC's statutory mandate is to
provide protection to investors from unfair, improper or fraudulent practices
and to foster fair and efficient capital markets and confidence in capital

For further information:

For further information: For media inquiries: Wendy Dey, Director,
Communications & Public Affairs, (416) 593-8120; Laurie Gillett, Manager,
Public Affairs, (416) 595-8913; Carolyn Shaw-Rimmington, Assistant Manager,
Public Affairs, (416) 593-2361; For investor inquiries: OSC Contact Centre,
(416) 593-8314, 1-877-785-1555 (Toll Free)

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