F. Edward (Ted) Price was appointed Assistant Superintendent, Supervision Sector, of the Office of the Superintendent of Financial Institutions (OSFI) in June 2006. Since joining OSFI in 2001, Mr. Price has served in several senior management roles, most recently as Senior Director, Financial Conglomerates Group, where he directed supervision and risk assessment of large banks and insurance companies. He also led the implementation of the Basel II Capital Accord Framework in Canada. Mr. Price began his career at OSFI as Senior Director, Capital Markets Division.
Prior to joining OSFI, Mr. Price was a senior executive with Prescient Markets, Inc., an Internet-based, U.S. investment bank, from 2000 to 2001. Between 1983 and 1999, he held various positions in government finance and fixed income and capital markets product development at ScotiaCapital, Inc. In 1995, he was appointed to the Executive Committee and relocated to New York to direct the firm’s U.S. business. Mr. Price began his career in bond trading and pension fund asset management. He is a member of the Board of Directors of the Canada Deposit Insurance Corporation.
Mr. Price holds a Bachelor of Commerce (Honours) degree from Queen’s University and an M.A. in economics from the University of Toronto. He obtained the Chartered Director (C.Dir.) designation from the Directors College (a joint venture of McMaster University and the Conference Board of Canada) in 2009.