The Canadian Investment Regulatory Organization announced that inaugural President and Chief Executive Officer Andrew Kriegler will not seek a further term, and that the board has begun a formal search for his successor ahead of his planned retirement in 2027. Kriegler will remain in the role throughout the search process to provide continuity. The transition follows completion of the integration work and major objectives under CIRO's inaugural strategic plan. Since CIRO's creation on Jan. 1, 2023, from the amalgamation of the Investment Industry Regulatory Organization of Canada and the Mutual Fund Dealers Association of Canada, Kriegler has overseen the integration of the legacy organizations, the establishment of CIRO's governance and operating model, and a modernization agenda covering data, technology, risk-based supervision and investor protection. CIRO also noted that, through delegation orders from provincial and territorial securities authorities, it consolidated responsibility for registration of all investment dealers, mutual fund dealers and their approved persons, alongside related enforcement and legal powers. The board said it has engaged Russell Reynolds for the search and will provide further information as appropriate.
Canadian Investment Regulatory Organization2026-06-25
Canadian Investment Regulatory Organization starts search for next president and chief executive as Andrew Kriegler plans 2027 retirement
The Canadian Investment Regulatory Organization said inaugural President and Chief Executive Officer Andrew Kriegler will not seek another term and plans to retire in 2027. The board has started a formal successor search with Russell Reynolds, while Kriegler remains in post during the process. The move follows completion of CIRO's integration and major inaugural strategic plan objectives.