The Financial Services Regulatory Authority of Ontario is appointing Andrew Fung as acting executive vice-president of pensions.
Fung joined the provincial regulator in 2018 as chief actuary of pensions. In 2019, he was appointed the organization’s head of relationship management and prudential supervision (pensions).
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Prior to joining the FSRA, Fung was a partner at Morneau Shepell Ltd. (now known as Telus Health); senior vice-president of pension advisory and strategy and chief actuary at the Ontario Municipal Employees’ Retirement System; a senior consultant at Watson Wyatt (now know as WTW); a principal at KPMG in Canada; and an actuarial associate at Manulife Financial.
The role was previously held by Caroline Blouin for nearly five years. Before she joined the FSRA, she was vice-president of pension and longevity solutions at RBC Insurance, vice-president of human resources wealth management and insurance and vice-president of pensions and benefits at RBC and a principal in the international practice at Mercer.