Government announces appointment to the Canada Deposit Insurance Corporation
September 9, 2025
OTTAWA – September 9, 2025 – The Canada Deposit Insurance Corporation (CDIC) welcomes the announcement that Gina Byrne, most recently CDIC’s Chief Operating Officer, has been appointed its interim President and Chief Executive Officer (CEO).
With 18 years of CDIC experience Gina has extensive experience and a deep understanding of the corporation’s operations and risk environment. Gina led the development of CDIC’s resolution planning framework including the inaugural set of resolution plans for Canada’s largest banks. She established CDIC’s crisis response framework for the escalation and coordination of CDIC’s preparedness activities, ensuring the corporation is ready to respond in times of stress. And prior to joining CDIC, Gina worked at KPMG and various other financial service institutions, where she gained extensive experience in financial systems and risk management.
“It is a privilege to lead an organization who plays such a significant role in the financial system and in supporting financial stability,” says Gina. “I’m honoured to lead such a skilled and dedicated team of employees whose sole purpose is to safeguard the deposits of Canadians and those who rely on Canadian member institutions.”
Gina takes over for Leah Anderson on an interim basis, who will retire at the end of this month.
About CDIC
CDIC is a federal Crown corporation, established by Parliament in 1967. We protect people’s insured deposits and contribute to financial stability by safeguarding over $1 trillion in deposits at more than 80 member institutions. As resolution authority, we are responsible for handling the failure of any of our members, from the smallest to the largest. Our members include banks, federally regulated credit unions, as well as trust and loan companies. We are funded by premiums paid by member institutions and do not receive public funds to operate. We have resolved 43 member failures to date, affecting some two million depositors. No one has ever lost any money under CDIC protection.
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For further information
Tamara Mason
Head, Communications
Tel: 613-943-4395
E-mail: media@cdic.ca