Massey Henry Recruits CFO for Peoples Group

September 20, 2024 – Toronto-based executive search firm Massey Henry has assisted in the recruitment of Tim Wilson as the new CFO of Peoples Group. Current CFO Samson Lim is retiring later this year. “Massey Henry is pleased to have once again served as a trusted partner of Peoples Group — this time in the appointment of Tim Wilson as chief financial officer,” Massey Henry said in a LinkedIn post. “Tim is a strategic senior finance executive with experience across the banking, retail, payments, and wealth management sectors, including with organizations such as Equitable Bank, VISA, and RF Capital Group. Congratulations and all the best in your new role, Tim.”

“With the addition of Tim to our executive team we have rounded out our expertise and will rely on his strong financial background to lead us forward on our continued growth journey,” said John Landry, president and CEO of Peoples Group. “We are looking forward to welcoming Tim on board.”

Mr. Wilson has more than two decades of experience in the financial services industry. He previously held the positions of CFO at Richardson Wealth and Equitable Bank, president of Visa Canada, and an executive finance role at a Big Six bank. He also serves as a board director at First Mortgage LP and has previously held positions on the board of trustees of the Royal Ontario Museum and the Advisory Committee of Employment and Social Development Canada.

“I am thrilled to be joining the Peoples Group team and to return to banking,” said Mr. Wilson. “The company has a clear vision and the right team to execute on it. I look forward to helping Peoples achieve profitable growth in the years ahead.”

Peoples Group has been providing a tailored suite of financial solutions and delivering world-class customer interactions, since 1985. We have grown substantial market share in the insured commercial lending space and are the leading issuer of prepaid payment cards as well as an innovative merchant acquirer.

Streamlined, Collaborative Approach

Launched in 2021, Massey Henry is an executive search and board advisory firm specializing in financial services and the public sector. Michael Henry is the founder and managing partner of the firm. He said the firm’s aim was to set a new standard for executive recruiting with a streamlined, collaborative approach that enables organizations to recruit diverse top talent for urgent, transformational roles.

Mr. Henry specializes in leadership recruitment for financial institutions, asset management, insurance, financial and risk management, and securities and non-securities regulation organizations across Canada. In addition to his core executive search work, Mr. Henry serves as an advisor to boards of directors on their overall composition, capabilities, and succession planning strategies at public sector and financial services institutions.

Related: Massey Henry Recruits COO for Northwest Healthcare Properties Real Estate Investment Trust

Using artificial intelligence technology combined with sector expertise, Massey Henry provides candidate research and a diverse candidate pool, while using custom criteria to assess each candidate for fit. Clients have 24/7 access to their search process which is designed to enhance decision-making and reduce timelines by half.

The firm is backed by an experienced advisory board of top leaders, including George Cooke, board chair of OMERS; Bill Hatanaka, board chair of Ontario Health; Johanne Brossard, board director and former president and CEO of ING Direct Canada; Eric Wetlaufer, board director of Investment Management Corporation of Ontario and the TMX Group; Lynne Kilpatrick, board director and senior retail banking executive; and Sharon Pel, chair of the board of trustees for OPTrust.

Recently Called In

Massey Henry was recently selected to lead the search for the inaugural CEO for the Building Ontario Fund, a new, independent, board‐governed, crown agency that will enable public-sector pension plans, other trusted institutional investors, and Indigenous communities to further participate in large-scale infrastructure projects across the province. Reporting to the board of directors, the inaugural CEO is responsible for management and administration of Building Ontario Fund’s operations, exercising any powers and regulatory duties assigned to the CEO by the board.

Related: Massey Henry Recruits Chief Risk Officer and CFO for SaskCentral

Contributed by Scott A. Scanlon, Editor-in-Chief and Dale M. Zupsansky, Executive Editor  – Hunt Scanlon Media

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