Jane Rooney has been appointed Canada’s first-ever financial literacy leader.
With the creation of the position of a national financial literacy leader within the Financial Consumer Agency of Canada (FCAC), she will lead the implementation of the national strategy on financial literacy and will work with the many stakeholders working in this field to achieve shared goals.
“In today’s global and complex financial world, financial literacy is more important than ever,” says Kevin Sorenson, minister of state (finance). “The appointment of Jane Rooney will allow her to chart a course to better co-ordinate the efforts of all partners working to help improve Canadians’ financial decision-making abilities.”
The position of financial literacy leader was established through the Financial Literacy Leader Act in March 2013, thus implementing the top recommendation of the Task Force on Financial Literacy.
Before being appointed to her new position, Rooney was the director of financial literacy and consumer education with the FCAC.
“Providing Canadians with the right knowledge and tools will help them to take control of their financial destinies,” says Frank Swedlove, president of the Canadian Life and Health Insurance Association. “The life and health insurance industry looks forward to working with Ms. Rooney and to supporting her initiatives toward strengthening the financial literacy of Canadians.”
For more industry moves, check out People Watch.
Related articles: