Board of Directors

CPAB’s Board of Directors has overall responsibility for supervising the management of CPAB's activities and affairs.

The Board has nine directors, all appointed by the Council of Governors. At least four, but no more than five of the directors, must be professional accountants to ensure the Board has directors with accounting expertise. At least two directors must have regulatory experience or regulatory/audit oversight experience.

Benita M. Warmbold  FCPA, FCA
Chair

Benita Warmbold is a corporate director and brings more than 30 years of experience in the finance industry. She is the former Senior Managing Director and Chief Financial Officer at the Canada Pension Plan Investment Board (CPP Investment Board) where she spent nine years. Prior to joining CPP Investment Board she held senior positions with Northwater Capital Management Inc. and Canada Development Investment Corporation. Warmbold, a chartered professional accountant, is active on several boards, including Bank of Nova Scotia, SNC-Lavalin, Methanex Corporation, Crestone Peak Resources and Queen’s University Board of Trustees. A Fellow of the Institute of Chartered Accountants of Ontario and ICD.D, she is also a WXN Hall of Fame inductee. Warmbold lives in Toronto, Ontario.

Sheryl Kennedy   
Vice Chair

Sheryl Kennedy is the former Chair of Promontory Financial Group Canada, an IBM Company. Kennedy was also the Deputy Governor of the Bank of Canada from 1994 to 2008 and chaired the Markets Committee at the Bank for International Settlements in Basel, Switzerland from 2003 to 2006. She served as Senior Advisor for International Strategy for Scotiabank in 2006. Prior to her time with the Bank of Canada, Kennedy worked in the federal Department of Finance and served as Finance Counsellor at the Canadian Embassy in Paris, France. She also serves on the University of Waterloo Board of Governors and its Audit and Risk and Financial Investment Committees, is a Trustee of the Anglican Church of Canada General Synod Pension Plan and is Vice Chair of the Mothers Matter Centre, proud home of the HIPPY Program in Canada. Kennedy is a Director of CLS Group Holdings AG, and a member of the Board of Cogent Communications. Kennedy lives in Toronto, Ontario.

Ian Bourne  F.ICD, ICD.D
 

Ian Bourne is Chairman of Teine Energy. He was the Chair of Ballard Power Systems Inc., a Director of the Canada Pension Plan Investment Board and Hydro One Ltd. He also served on the boards of Canadian Oil Sands Ltd., Wajax Corporation and many not-for-profit organizations. Bourne was Chair of SNC-Lavalin Group from 2013 to 2015 and interim CEO of SNC-Lavalin during 2012. He is a former Executive Vice President and Chief Financial Officer of TransAlta Corporation. Prior to this, he held a number of senior management positions with General Electric and Canada Post Corporation. Bourne was recognized as a Fellow of the Institute of Corporate Directors in 2011. Bourne is a member of CPAB’s Human Resources and Governance Committee and lives in Calgary, Alberta.

Renaud Caron  Fellow Adm.A
 

Renaud Caron is former Senior Vice President, Strategic Development at CGI Group Inc. Prior to his 18 years at CGI, Caron was Deputy Minister, Economic Development Canada and Deputy Minister for Quebec’s Ministry of Industry, Commerce, Science and Technology and Tourism. He is currently a director on several boards, including Processia Solutions Inc., Komutel and ProAction International Inc. Caron previously served on the boards of the Business Development Bank of Canada, Clemex Technologies Inc. and Montreal International, where he was Chair of the Committee on Foreign Investment. He is also the former Chair of the board of the Quebec Chamber of Commerce. Caron lives in Montreal, Quebec.

Julie Dickson   
 

Julie Dickson is a former Superintendent of Financial Institutions of Canada and member of the Financial Stability Board in Basel, Switzerland. She was formerly a Director of the Canada Deposit Insurance Corporation, the Toronto Leadership Center, a member of the Basel Committee on Banking Supervision and a member of the Supervisory Board of the European Central Bank from 2014-2017. Dickson is Director of Manulife and is a recipient and Member of the Order of Canada, having been recognized for her work related to financial supervision and regulation in Canada and globally. She is currently a member of the Board of the Dubai Financial Services Authority. Dickson is a member of CPAB’s Risk and Audit Committee and lives in Ottawa, Ontario.

Sheila Fraser, O.C.   
 

Sheila Fraser, a chartered professional accountant, was the Auditor General of Canada from 2001-2011 and the first woman to serve in this role. She was appointed as an Officer of the Order of Canada in 2018. In 2009, Fraser received the Award of Outstanding Merit, the highest honor bestowed by Ontario’s Institute of Chartered Accountants. She serves on the Board of Directors of Manulife Financial Corporation, IISD Experimental Lakes Area Inc. and IFAC. Fraser lives in Ottawa, Ontario.

Guy Fréchette  FCPA, FCA
 

Guy Fréchette is a former Vice Chair and member of the Executive Committee at Ernst & Young LLP and was Managing Partner for the Province of Québec until 2008. He sits on several boards, including the Montréal Symphony Orchestra Endowment Fund Board, where he chairs the Audit Committee. Fréchette was a board member of HEC-Montreal from 1999 to 2015 and he chaired the Audit Committee for that period. In 2012 he was appointed Chair of the Board of HEC-Montreal Foundation. He serves on the Boards of CEPSUM of Montréal University. He is past President of the Foundation for Mental Illness (Québec) Inc. and is a past President and Chair of the Board for the Montréal Board of Trade. Fréchette was formerly a Director of Otera Capital, a subsidiary of the Caisse de Depot du Québec, where he chaired the Human Resources Committee and sat on the Audit Committee. Fréchette is a member of CPAB’s Risk and Audit Committee and lives in Montréal, Québec.

Bruce C. Jenkins  FCPA, FCA
 

Bruce Jenkins retired as Deputy Chief Executive of Deloitte & Touche (Canada) in 2009. During his career he was also a member of the firm's Executive Committee and Board of Directors. Jenkins is also a past member of the Board of Directors of CPA Canada and a past Chair of CPA Ontario. He was recognized as a Fellow of that Institute in 1991. Jenkins has also chaired the Board of the Oakville Centre for the Performing Arts and been a board member of Junior Achievement of Canada and Big Brothers and Sisters of Canada. Jenkins is Chair of CPAB's Risk and Audit Committee and lives in Toronto, Ontario.

Kevin Kelly   
 

Kevin Kelly has served on the Board of Directors of The Canadian Imperial Bank of Commerce since 2013 and currently serves on the Board of CIBC Bank USA. He has also served on both the Risk and Audit Committees of the bank. Kelly was Lead Director of the Ontario Securities Commission from 2010 to 2012 and Commissioner from 2006 to 2010. He has more than 30 years’ experience in wealth and asset management in both Canada and the US. Kelly was President and Co-Chief Executive Officer of Wellington West Capital from 2004 to 2005, President of Fidelity Brokerage Company from 2000 to 2003, President of Fidelity Investments Institutional Services from 1997 to 2000, President of Fidelity Canada from 1996 to 1997 and President of Bimcor Inc. from 1992 to 1996. He is a past director and Chair of the Foundation for Educational Exchange Between Canada and the United States of America (Fulbright Canada). Kelly lives in Toronto, Ontario.

Alice Laberge  F.ICD
 

Alice Laberge is currently a Director of the Royal Bank of Canada, Nutrien Ltd., Russel Metals Inc. and the BC Cancer Foundation. She previously was on other boards in a wide range of organizations including crown corporations, universities and not-for-profit organizations. Laberge is formerly the President and Chief Executive Officer and prior to that Chief Financial Officer of Fincentric Corporation. Prior to this, she held a number of senior management positions with MacMillan Bloedel Limited, including Chief Financial Officer. Laberge was recognized as a Fellow of the Institute of Corporate Directors in 2015. Laberge is Chair of CPAB’s Human Resources and Governance Committee and lives in Vancouver, British Columbia.

Leadership Team

Carol A. Paradine  CPA, CA
Chief Executive Officer

Carol is the Chief Executive Officer of the Canadian Public Accountability Board. Prior to assuming the leadership role at CPAB, Carol was a partner in a major international firm. She specialized in assurance and advisory services for public companies as well as complex accounting and financial transactions. Carol served on the firm’s Board of Directors and Executive Committee with roles that included Managing Partner – Leadership Development and Succession, Managing Partner – Prairie Region and Acting Chief Financial Officer.

Community service is equally important to Carol who currently serves on the board of directors of the Alzheimer Society of Toronto. Previous roles have included Chair, Manitoba Chambers of Commerce, President, Alzheimer Society of Manitoba, board and audit committee member, Alzheimer Society of Canada, board and audit committee member, CentrePort Canada, board and finance committee member, YMCA-YWCA National Capital Region, board member, Innovate Manitoba, board member, Harmony House and advisory board member, Carleton University School of Business. She also coached youth soccer for a number of years and was a lecturer and coach at Carleton University.

Carol has a Bachelor of Commerce degree, along with her Chartered Professional Accountant and Certified Public Accountant designations from Canada and the United States.

 

Jeremy Justin  CPA, CA, CPA (Illinois)
Chief Risk Officer & Vice President, Strategy

Jeremy Justin is the Chief Risk Officer and Vice-President, Strategy with the Canadian Public Accountability Board. He leads CPAB’s enterprise risk management and thought leadership activities and is responsible for stakeholder engagement activities in Central Canada.

Jeremy is focused on working with key stakeholders (with a primary focus on audit committees) in raising awareness, stimulating conversations, and encouraging the sharing of views on audit quality issues, including the role of the audit committee, external auditor and management in enhancing audit quality, and the current and future direction of audit in Canada and internationally. This also includes the identification of emerging issues and risks impacting audit quality, development of sustainable solutions and engagement with key stakeholders to influence change, enhance audit quality and protect investors.

Prior to joining CPAB, Jeremy practised at a large accounting firm where he provided advice on accounting, assurance and financial reporting matters and led the audits of large public companies.

M. Philippe Thieren  CPA, CA
Regional Vice President Eastern Canada and CFO

Philippe joined CPAB in February 2016 as Regional Director, Eastern Canada. Before joining CPAB, Philippe was an audit partner with PwC specializing in financial institutions, P&C and life insurance industries.

Malcolm Gilmour  CPA, CA, CPA (Illinois)
Vice President, Inspections

Malcolm joined CPAB in May 2008 as a Senior Reviewer and later became Senior Director, Auditing Standards. Prior to joining CPAB, Malcolm was an associate partner at Deloitte LLP with responsibilities related to quality assurance.

Jennifer Cooper  LL.B.
Senior Director, Enforcement & Discipline

Jennifer joined CPAB in October 2019. She has spent the majority of her legal career focused on administrative and professional regulatory law. For the last decade, Jennifer worked in leadership roles for provincial regulators in various sectors. Prior to this, she routinely defended professionals before disciplinary tribunals. Jennifer was called to the Bar in Ontario in 2001.

Kristina Heese  L.L.B, B.C.L.
A member of the law societies of Québec, New York and Ontario
General Counsel & Corporate Secretary

Kristina Heese joined CPAB in 2011 as Legal Counsel and became General Counsel & Corporate Secretary in 2015. Prior to CPAB she spent five years with Stikeman Elliott LLP in corporate M&A, followed by one year with the legal department at Deloitte LLP.

Kristina attended McGill University and is a member of the New York Bar Association (2005), the Barreau du Québec (2006) and Law Society of Ontario (2017).

Her focus is on in-house corporate practice, regulatory compliance, corporate governance, drafting and negotiation of contracts and internal risk management. She also has previous experience in large and small private acquisitions or investments by international clients.

Adrienne Jackson  ABC
Senior Director, Communications

Adrienne joined CPAB in 2013 as Director, Communications and became Senior Director in 2015. Before joining CPAB she directed national communications strategy for organizations in the professional services, healthcare, real estate, technology and government sectors.

Margo Longwell  CPA, CA
Senior Director, Quality, Firm Risk and Registration

Margo joined CPAB in 2003 as Senior Reviewer and later became Senior Director, Quality, Firm Risk and Registration. Prior to that, Margo was Principal, Accounting Standards at the Canadian Institute of Chartered Accountants, and Director, Audit Operations at the Office of the Auditor General of Canada.

Lily Watson  CHRL
Director, Talent

Lily joined CPAB in 2016 as Manager, Human Resources and became Director, Talent in 2019. Before joining CPAB Lily held a senior human resources role in a global media /visual effects organization. Prior to that she managed human resources departments in the technology, advertisement and life insurance industries.