OSFI assistant superintendent Mark White to leave his post, effective Oct. 31, 2011

Mark White, assistant superintendent of the regulation sector at the Office of the Superintendent of Financial Institutions (OSFI) is leaving OSFI, effective Oct. 31, 2011.
“Mark has accepted a position with a federally regulated financial institution and will assume his new role on Nov. 1, 2011,” OSFI superintendent Julie Dickson wrote in an online post announcing his departure. “I take this opportunity to thank Mark for his service to OSFI, and wish him well in the next phase of his career.
“Meanwhile, to avoid any real or perceived conflict of interest, Mark has had scaled-back responsibilities for the last while and has already effectively left the office.”
Dickson said White will be traveling internationally for most of the final two weeks in June, and will officially vacate his office on June 30.
“Further, all OSFI employees were instructed today that Mark should not be provided with any non-public information related to any of the financial institutions we regulate and supervise, whether verbal or in writing,” Dickson wrote.
OSFI has already launched a process to staff the position, using an external search firm to allow both internal and external candidates the opportunity to apply. Until a replacement is found, the senior management of the regulation sector will report to Dickson.