Mario Albert has been appointed interim president and CEO of the Autorité des marchés financiers, Quebec’s securities regulator.

Currently the AMF’s superintendent, client services, compensation and distribution, Albert joined the regulator in 2007 as superintendent, distribution.

In 2009, he assumed responsibility for the agency’s institutional affairs, including communications, research and strategic monitoring.

Since February 2010, he has also overseen AMF client services, supervising activities such as investor education, fraud victim compensation programs, and complaint examination.

Since joining the AMF, Albert has been involved in initiatives such as implementing registration reform; leading consultations to harmonize Quebec’s rules governing mutual fund reps with those in the rest of Canada; and updating career eligibility requirements for insurance reps.

Before the AMF, Albert was assistant deputy minister responsible for budget policy and economics in Quebec’s finance ministry, where he was primarily responsible for co-ordinating budget preparation. He also served at Finance Canada, mainly as head of economic forecasting.

Albert has bachelor’s and master’s degrees in economics from Laval University.

St-Gelais to head Quebec Revenue Agency

Albert succeeds Jean St-Gelais, who is leaving leaving the AMF to head the Quebec Revenue Agency.

St-Gelais is also stepping down as chairman of the Canadian Securities Administrators. A new CSA chair is expected to be announced Friday.