Canada appoints new Master of the Mint and new Chairperson of the Board of Directors

February 26, 2015 - Finance Minister Joe Oliver announced the appointment of Sandra L. Hanington as Master of the Royal Canadian Mint for a term of five years and the appointment of Carman Joynt as Chairperson of the Board of Directors of the Royal Canadian Mint, for a five-year term too.

Sandra L. Hanington was named by the Women's Executive Network™ (WXN) three times as one of Canada's Top 100 Most Powerful Women (2007, 2008 and 2009) and was inducted into to the WXN Hall of Fame in 2010. She has extensive experience in governance through various board positions. She is co-founder, board director and former board chair of Jack.org, which promotes mental health and wellness for youth in Canada. In 2014 she was appointed to the Board of Directors of Canada Mortgage and Housing Corporation and Extendicare, Inc. She has also served on the boards of Symcor Corp. and Kids Help Phone.

Ms. Hanington was previously Executive Vice-President, BMO Financial Group. She joined BMO Financial Group in 1999 as Vice-President, Insurance, and held a number of progressively senior executive roles in both Canada and the United States. Prior to joining BMO Financial Group, she worked for Manulife Financial/North American Life Assurance, Royal Trustco Ltd. and Suncor Inc./Sunoco Group.

Sandra Hanington is a licensed professional engineer with a Bachelor of Applied Science from the University of Waterloo and a Master of Business Administration from the Rotman School of Management, University of Toronto. She is also a certified member of the Institute of Corporate Directors.

As the Chief Executive Officer of the Corporation, the Master of the Mint reports to the Board of Directors and is responsible for providing leadership and direction in all aspects of the Corporation's activities, business performance and strategic development. The Board of Directors is accountable to Parliament through the Minister of Finance.

Carman Joynt is a retired Partner of Deloitte, Chartered Accountants and Management Consultants. He holds a Bachelor of Commerce degree from Carleton University. He is also a Fellow of the Institute of Chartered Professional Accountants of Ontario and has earned a certificate from the Institute of Corporate Directors. Mr. Joynt has served the public in various volunteer roles, including past chair of the Ottawa Hospital Foundation, past director of the Home Hospital of Ottawa-Carleton and past governor of Algonquin College in Ottawa.

He is currently a member of the Audit Committee of the Canadian Egg Industry Reciprocal Alliance, Director of Canadian Stebbins Engineering and Manufacturing Co. Ltd., Director of the Management Board of Canadian Geographic magazine and a Board member at the Royal Canadian Mint.

Finance Minister Joe Oliver: “I congratulate Sandra Hanington on her appointment as Master of the Royal Canadian Mint. Her background in the financial industry and her extensive knowledge across a broad range of areas, from human resources and corporate governance to operational strategy and marketing, make her an ideal fit for this important role. I am certain that the Mint will benefit from the breadth of her expertise.”
And: “Carman Joynt has been an asset to the Royal Canadian Mint and I congratulate him on his appointment as Chairperson of the Board of Directors. I am pleased that the Mint will continue to benefit from his leadership and expertise.”

More information about the Royal Canadian Mint you may find on the website of the mint.

You can visit the new Master of the Mint Sandra Hanington on her LinkedIn Page.

And if you want to know more about the other people who currently lead the Royal Canadian Mint please click here.

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