Ted Price has been appointed assistant superintendent, Supervision Sector, at the Office of the Superintendent of Financial Institutions.

Price fills the vacancy created by the departure of John Doran, who is retiring after six years in the position.

“Ted brings considerable experience to the job, acquired both inside and outside OSFI, and a comprehensive understanding of the importance of OSFI’s mandate,” noted the Superintendent of Financial Institutions, Nicholas Le Pan. “He was selected from among a strong field of internal and external candidates.”

Price most recently served as senior director, Financial Conglomerates Group, where he directed OSFI’s Supervision program for large banks and life insurance companies. He joined OSFI in 2001, following a career in investment banking and capital markets.