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Leadership & governance

Leadership & governance

Our experienced management team includes accomplished executives in the financial industry.

President
and
Chief Executive Officer

Paul Leonard

Mr. Leonard is a financial professional with over 30 years experience in launching and growing Canadian retail banks that challenge the traditional banks. He was the CFO of CFF Bank, a Canadian schedule 1 bank that had approximately $245 million in assets and over $1.5 billion in loans under administration. Prior to that he was instrumental in growing the Ally Bank brand in Canada with savings, automobile loans and mortgage assets before Ally was acquired by Royal Bank of Canada. In addition, he was the founding Chief Financial Officer of ING DIRECT (since renamed Tangerine Bank), an innovator in offering direct to consumer savings and lending products.

Mr. Leonard is a Certified Professional Accountant, Chartered Accountant and holds a Bachelor of Commerce from the University of Toronto.

Chief Financial Officer


Michael Koshan

Mr. Koshan is a financial services executive with over 25 years of experience in roles across finance, treasury and capital markets within regulated financial institutions, alternative finance companies and fintech. He has expertise in financial reporting, risk management, financial planning & analysis and balance sheet management with banks and other financial services entities across both public and private markets. Most recently, he was CFO at Nuula and prior to that, CFO & Treasurer at Dealnet Capital before joining the Bank.

Mr. Koshan is a Certified Public Accountant, Chartered Accountant and holds the Partner, Director & Senior Officer (PDO) designation from the Canadian Securities Institute, along with undergraduate degrees from both the University of Windsor (BComm) and Queen’s University (BA).

Chief Marketing Officer
and
Head of Operations & Technology

Barry Ferguson

Mr. Ferguson has held senior financial services industry positions for over 30 years including most recently as Senior Vice President at Qtrade Financial Group. Prior executive roles included VP at HomEquity Bank; VP, Computershare Trust; Regional Head & Senior Director, CIBC Retail Banking, Wealth & Asset Management. He has also been a management consultant advising senior business leaders on strategies that optimize growth, revenue, customer experience and employee engagement for their organizations. Mr. Ferguson regularly serves on industry Advisory Boards and Fundraising Committees.

Mr. Ferguson holds the Partner, Director & Senior Officer (PDO), Fellow, Canadian Securities Institute (FCSI) and Fellow, Institute of Canadian Bankers (ICB) designations from the Canadian Securities Institute. Additionally, Mr. Ferguson has studied Leadership, Strategic Thinking and Business Transformation with some of the leading executive education institutions in the U.S. and Canada.

Chief Risk Officer


Paul Akey

Mr. Akey is a financial services executive with over 25 years of credit and risk management experience. His leadership roles have included a number of senior positions at Scotiabank in Risk Management, Sales and Services, and Finance, with a proven record of growing mortgages, credit cards and indirect automotive lending products. Acknowledged as an expert in various risk management disciplines he has effectively managed risk through the economic cycle and across the full suite of Banking products.

Mr. Akey holds an undergraduate degree from the University of Guelph and an MBA from Dalhousie. He is active in his community and serves on several advisory boards and is frequently invited to participate in industry roundtables and discussions.

Vice President, Credit


Caterina Vlahos

Ms. Vlahos brings tremendous leadership experience and significant multi-functional expertise in Real Estate & Secured Lending, Underwriting, Mortgage Processing, Risk Management, Business Development and Retail/Digital Banking cultivated from close to 20 years in the financial services industry.

She’s  is a graduate of McMaster University, where she earned her Master of Business Administration (MBA) degree with a focus in Digital Transformation. 

Director, Banking Operations


James Page

Mr. Page is a seasoned financial professional with over 40 year’s experience in the Banking Industry . Prior to joining WealthONE James spent most of his career with CIBC where he held senior leadership roles during his tenure and was the Senior Director Business Effectiveness for several branches across the GTA as well as Regional Office. Most recently James comes to us from the OPPA Credit Union where he was the Director of Member Experience and Financial Services where he led a team of Financial Advisors and Client Services Representatives and had the overall responsibility for sales and service. James’s strengths are in the areas of Operations, Risk Management, Process Improvements, and client engagement.

Director, Compliance


Lilia Iacob

Ms. Iacob has over 15 years experience in the management of regulatory compliance risk. She has extensive experience in the design and development of Compliance framework and supervision structure with expert knowledge of Privacy, AML/ATF, OSFI and FINTRAC legislation and guidelines. Prior to joining the Bank, she worked for Federally Regulated Financial Institutions such as MUFG Bank Ltd., Canada Branch, RBC, ZagBank/Desjardins, and ResMor Trust. 

Ms. Iacob earned her BA from the University of Calgary.

Senior Underwriter


Jeff Hayashi

Mr. Hayashi has been involved in the mortgage lending industry for almost 35 years where he started his career as an appraiser and later moving into an underwriting leadership role with one of Canada’s major banks.  He continued his role as an underwriter with a relatively newer mortgage lender and transitioned into a management role.  In 2017, he joined Wealth One Bank of Canada as a Credit Manager.

Marketing Manager


Amy He

Amy is a marketing professional with 10 years of work experience in a range of industries such as Finance, CPG, and Technology. Amy has solid expertise on strategic marketing planning, brand communication and digital marketing. Before joining WealthONE Bank, she worked as PR & Marketing Communication Manager with top 10 global consulting agencies, Ketchum and Hill+Knowlton Strategies. She has proven record of driving the brand development and securing steady annual increases of local market awareness for several international companies. Amy has strong experience managing teams from multicultural background and has developed multiple successful digital campaigns and events across markets in Canada and China.

Amy holds an MBA degree from Wilfrid Laurier University.

Founding Director
and Board Chair



Daryl Yeo

Daryl was first elected to the Board in 2016 and was appointed Chair in 2021. Daryl brings over four decades of experience in the financial services industry including 25 years at RBC. In the past 12 years Daryl has served in independent board member roles with ResMor Trust, Community Trust and Exchange Bank of Canada, with particular focus on enterprise risk management.

Mr. Yeo holds an Institute of Corporate Directors (ICD.D) designation, a Bachelor of Commerce Degree from the University of Alberta and is a Fellow of the Institute of Canadian Bankers (FICB).

Chair, Audit Committee
and Member, Risk, Credit Review
Committees


Marissa Lauder

Marissa’s deep understanding of the industry regulatory framework, corporate governance, capital adequacy and risk management position her well for her responsibilities as Chair of Audit Committee and roles on both the Risk and Credit Review Committees.  Marissa is the former CFO of Street Capital Group, and most recently she completed a strategic review of Street Capital which eventually led to the successful sale of the company in late 2019. Early in her career, Marissa worked at the Office of the Superintendent of Financial Institutions (OSFI) and more recently, she served on the Board of Pace Credit Union as Chair of the Audit Committee and as a member of the HR Committee.

Ms. Lauder earned her Bachelor of Commerce from the University of Toronto, is a Certified Public Accountant (CPA), Chartered Accountant (CA) and holds her ICD.D designation.

Chair, Stakeholder Relations Committee
and Member, Governance, Conduct Review
and Human Resources Committee

Charles Sousa

Charles is a former member of the Ontario provincial legislative assembly and served in several senior ministerial roles, including President of the Treasury Board and Minister of Finance where he oversaw the establishment of the Ontario Financial Services Regulatory Authority. Prior to entering politics, Charles had a 20-year commercial banking career at RBC following the founding of his own finance and factoring company. Charles’ Board responsibilities will extend to being a Member of Governance, Conduct Review, and Human Resources Committees.  Charles has been a champion of financial literacy in schools and has served on foundation boards including Magellan Community Charities. He was awarded the Order of Portugal, the Queen’s Gold and Diamond Jubilee Medals and recognition as one of Toronto’s 50 Most Influential People by Toronto Life Magazine (2014).

Mr. Sousa earned an MBA from Ivey School of Business at University of Western Ontario, an Honours BBA from Wilfrid Laurier University, and holds his ICD.D and Fellow of the Institute of Canadian Bankers (FICB) designations.

Chair of the Governance, Conduct Review, and Human Resources Committee


Tuula Jalasjaa

Tuula joined the Board in 2021 and her responsibilities include leadership of this core Board Committee. She brings to the Board an extensive 25 years of global banking and financial services experience including as a former Scotiabank and HollisWealth/HollisBank senior executive. She has served on a number of Boards and is also the founder of The Women's Collection, a multi-faceted program designed to empower women who want financial freedom & independence and to make the right financial choices by combining education, networking, tools, and resources.

Ms. Jalasjaa earned her Intl’ MBA from the Schulich School of Business at York University, a BA from the University of Western Ontario, and also holds the CFA designation and the ICD.D. from the Rotman School of Business Institute of Corporate Directors Program. 

Chair, Risk and Credit Review Committees



Bogie Ozdemir

Recently retired as Chief Risk Officer of Canadian Western Bank, Bogie brings a deep knowledge of the banking industry regulatory framework, enterprise risk management and mortgage lending environment to his new Board responsibilities. His 24-year career in financial services includes senior roles at BMO, Sun Life Financial and Standard & Poor’s. He is a published author and has completed Risk Management Certificate Program at Schulich School of Business and Managerial Leadership Development Program from Ivey School of Business.

Mr. Ozdemir earned his MBA from Rotman School of Management, M.Sc., and B.Sc. from Istanbul Technical University, and holds his ICD.D designation.

Founding Director
and Member, Governance, Conduct Review and Human Resources Committee
and Member, Audit Committee

Jeffrey Graham

Mr. Graham is Senior Vice President and Global Head of Legal and Compliance with SkyPower Global, a leading international developer and operator of utility scale solar power projects. Previously, he was the national head of the Financial Services Regulatory Practice of Borden Ladner Gervais LLP where he advised domestic and international financial entities on establishment, transactions, product development, and compliance with federal and provincial laws and regulations, including the Bank Act (Canada) and OSFI’s regulatory requirements.  He has more than 20 years of experience as a director of Canadian regulated financial service entities.  Mr. Graham was a founding director and current corporate secretary of Toronto Finance International.  He also founded and is the Senior Editor of Thomson Reuters FinTech Global Guide Publication.

Jeff earned his B. Comm. and B.C.L./LL.B. degrees from McGill University and has graduate degrees in international legal studies from Cambridge University and Columbia University. Mr. Graham was first admitted to practice in the Province of Quebec and is currently a member of the Bars of the District of Columbia in the US and the Province of Ontario. 

Director
and Member, Audit Committee, Credit Review Committee
and Member of Stakeholder Relations Committee

Alfred Lau

Alfred is the founder and co-leader of a private equity firm with operations in Hong Kong and Beijing. Prior to his current role, Mr. Lau was a partner of KPMG with over 35 years of experience at key locations around the world, including Beijing, Vancouver, and London. He has held senior positions within KPMG including co-leader of the audit practice in Beijing and co-leader of the China Practice in Canada. He was the Audit Engagement Partner for several multinational Fortune 500 companies, listed companies on the TSX and Chinese enterprises. Alfred is fluent in Mandarin and Cantonese and has a solid understanding of the business and operating environment in Canada and China.

President
and
Chief Executive Officer


Paul Leonard

Mr. Leonard is a financial professional with over 30 years experience in launching and growing Canadian retail banks that challenge the traditional banks. He was the CFO of CFF Bank, a Canadian schedule 1 bank that had approximately $245 million in assets and over $1.5 billion in loans under administration. Prior to that he was instrumental in growing the Ally Bank brand in Canada with savings, automobile loans and mortgage assets before Ally was acquired by Royal Bank of Canada. In addition, he was the founding Chief Financial Officer of ING DIRECT (since renamed Tangerine Bank), an innovator in offering direct to consumer savings and lending products.

Mr. Leonard is a Certified Professional Accountant, Chartered Accountant and holds a Bachelor of Commerce from the University of Toronto.

Founding Shareholder
and Member of Stakeholder
Relations Committee


Shenglin Xian

Shenglin has served as the Vice-Chair of Board since the founding of the Bank.  Both Mr. Xian and his company, Shenglin Financial are among the top insurance agent producers for London Life Insurance Company.  Shenglin Holding Co. Ltd., also founded by Mr. Xian, operates several subsidiaries in real estate development in Canada and China, medical technology, property management and financial investment industries. Since immigrating to Canada in 1990, Shenglin has devoted himself to supporting the Chinese Canadian Community. He is the founder and President of the Henan Association of Canada, Founder and Chairman of Henan Fellowship Association of Canada, Founder and President of Canadian Chinese Financial Consultants Association (CCFCA) and Past President of SinoCan Entrepreneur Association of Canada.   

Mr. Xian is a graduate of Henan Normal University. 

Founding Shareholder



Yuansheng Ouyang

Mr. Ou Yang is a successful Canadian entrepreneur and the President of Ou Yang Group, a multinational corporation with operations in China and North America. Ou Yang Group is prominent in various industries such as real estate development, international and domestic trading, medical technology, business and financial investment, and large wholesale and retail grocery and supermarket businesses.  Mr. Ou Yang is a well-known community leader in Toronto where he has held numerous association leadership roles in the Chinese Canadian community, including founder and past President of Canada Pingtan Association and Chairman of the Canada Confederation of Fujian Associations.

Founding Shareholder



Morris Chen

Mr. Chen is a successful real estate development entrepreneur and is actively involved in various non-for-profit associations. He chairs the North America Investment and Trade Promotion Association which aims to promote investment, trade, cooperation, and business relations between Chinese and North American enterprises.Mr. Chen is a successful real estate development entrepreneur and is actively involved in various non-for-profit associations. He chairs the North America Investment and Trade Promotion Association which aims to promote investment, trade, cooperation, and business relations between Chinese and North American enterprises.Mr. Chen is a successful real estate development entrepreneur and is actively involved in various non-for-profit associations. He chairs the North America Investment and Trade Promotion Association which aims to promote investment, trade, cooperation, and business relations between Chinese and North American enterprises.

Founding Shareholder
and Member of Stakeholder Relations Committee  

Shawn Chen

Mr. Chen is a successful real estate development entrepreneur and is actively involved in various non-for-profit associations. He chairs the North America Investment and Trade Promotion Association which aims to promote investment, trade, cooperation, and business relations between Chinese and North American enterprises.