Ex investment banker Evan Siddall named CEO of Canada Mortgage and Housing Corp

TORONTO – Former investment banker Evan Siddall has been appointed the new president and chief executive officer of Canada Mortgage and Housing Corporation.

Siddall, who was most recently a special adviser to Bank of Canada governor Stephen Poloz, will serve a five-year term beginning Jan. 1.

Along with his position as adviser, he was also a member of the central bank’s monetary policy review committee and its financial stability review committee.

Siddall has also worked in a variety of positions in investment banking and general management, including at BMO Nesbitt Burns, Goldman Sachs & Co., Lazard Freres & Co. LLC and Fort Reliance Co./Irving Oil Ltd.

“Mr. Siddall brings to the position extensive leadership and senior management experience,” said Employment and Social Development Minister Jason Kenney. “His proven financial and capital markets expertise will be of tremendous value to CMHC.”

The CMHC is a government-owned agency that provides mortgage loan insurance and mortgage-backed securities as well as housing policy and programs research.