Board of Directors

Daryl Yeo Expand/Collapse

Board Chair, Member of Credit Review Committee

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).

Bogie Ozdemar Expand/Collapse

Chair, Risk and Credit Review Committees

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

Charles Sousa Expand/Collapse

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

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.

Marissa Lauder Expand/Collapse

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

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 Home 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.

Tuula Jalasjaa Expand/Collapse

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

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.

Sam Jawad Expand/Collapse

Member, Governance, Conduct Review, Human Resources, Credit Review, and Risk Committees  

Sam’s Board responsibilities will focus on the emerging digital and fintech opportunities that will be high priority areas for the Bank. Sam was the President of Chase Paymentech Solutions Canada, leading all business operations, market development and strategy as well as international expansion efforts.  Most recently, Sam was the founding CEO of a joint venture on behalf of the big 6 Canadian Banks, where he built a new business strategic model in digital payments. The business was successfully acquired by Interac Corp. in 2019.

Mr. Jawad earned his Bachelors Degree in Economics from Concordia University.

Jeffrey Graham Expand/Collapse

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

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. 

Alfred Lau Expand/Collapse

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

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.

Paul Leonard Expand/Collapse

President and Chief Executive Officer

Mr. Leonard was appointed CEO of the Bank in 2020 after serving as CFO for the prior two years. He brings over 30 years of experience starting and growing new and innovative Canadian retail banks that challenge the established banks. Prior to joining the bank, Mr. Leonard was CFO at CFF Bank and helped guide their growth to $245 million in assets and over $1.5 billion in loans under administration. He was also the founding CFO of ING DIRECT (now Tangerine Bank) and was instrumental in growing Ally Bank Canada which was acquired by RBC in 2013.

Mr. Leonard is a Certified Professional Accountant (CPA), Chartered Accountant (CA) and earned his Bachelor of Commerce from the University of Toronto.

Shenglin Xian Expand/Collapse

Founding Shareholder, Member of Stakeholder Relations Committee

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.  

Yuansheng Ou Yang Expand/Collapse

Founding Shareholder

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.

Morris Chen Expand/Collapse

Founding Shareholder

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.

Shawn Chen Expand/Collapse

Founding Shareholder, Member of Stakeholder Relations Committee  

Shawn is a successful entrepreneur, founding, operating, and managing real estate and land development companies in Toronto. Shawn’s international business experience includes serving as CEO of a Chinese technical services company in the petroleum industry.  Mr. Chen earned a post graduate degree, M.Sc. in Applied Chemistry and is a frequent lecturer in environmental engineering.