Item - 2024.CA18.2
Tracking Status
- City Council adopted this item on October 9 and 10, 2024 without amendments and without debate.
- This item was considered by the Civic Appointments Committee on September 27, 2024 and adopted without amendment. It will be considered by City Council on October 9 and 10, 2024.
CA18.2 - Appointment of a Public Member to the Legacy Fund Allocations Committee
- Decision Type:
- ACTION
- Status:
- Adopted on Consent
- Wards:
- All
City Council Decision
City Council on October 9 and 10, 2024, adopted the following:
1. City Council appoint Mark Bhattacharya to the Legacy Fund Allocations Committee, at pleasure of Council, for a term of office ending on October 12, 2027, and until a successor is appointed.
2. City Council direct that the balance of Confidential Attachment 1 and Confidential Attachment 2 to the report (September 11, 2024) from the City Clerk in their entirety remain confidential as they relate to personal information about identifiable individuals being considered for appointment to the Legacy Fund Allocations Committee.
The balance Confidential Attachment 1 and Confidential Attachment 2 to the report (September 11, 2024) from the City Clerk remain confidential in their entirety in accordance with the provisions of the City of Toronto Act, 2006, as they relate to personal information about identifiable individuals being considered for appointment to the Legacy Fund Allocations Committee.
City Council Decision Advice and Other Information
Appointee's biography:
Mark Bhattacharya
Bringing over 25 years of experience in the investment industry, Mark is the Chief Financial Officer and Chief Compliance Officer for One Queen Capital Inc., a securities dealer owned by the Canada Pension Plan Investment Board. His previous experience relates to roles in the asset management industry having held senior positions in finance, compliance, and operations at firms such as UBS Global Asset Management, Burgundy Asset Management and Telus (formerly Morneau Shepell Asset and Risk Management Ltd.). Mark began his career working as a Compliance Examiner with the Ontario Securities Commission and as an Auditor with PricewaterhouseCoopers. Mark brings a wealth of experience in dealing with various Boards, including Investment Committees and Audit Committees throughout his career. He holds a Bachelor of Commerce degree from the University of Guelph and a Chartered Professional Accountant designation from the Institute of Chartered Professional Accountants, Ontario.
Confidential Attachment - Personal matters about identifiable individuals who are being considered for appointment to the Legacy Fund Allocations Committee.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2024/ca/bgrd/backgroundfile-248792.pdf
Confidential Attachment 1 - Recommended Candidate, Biography, Confidential Voluntary Diversity Information Summary and Application for Appointment to the Legacy Fund Allocations Committee
Confidential Attachment 2 - Full list of Applicants, Biographies, Confidential Voluntary Diversity Information Summary and Applications for the Legacy Fund Allocations Committee
CA18.2 - Appointment of a Public Member to the Legacy Fund Allocations Committee
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Confidential Attachment - Personal matters about identifiable individuals who are being considered for appointment to the Legacy Fund Allocations Committee.
Committee Recommendations
The Civic Appointments Committee recommends that:
1. City Council appoint Mark Bhattacharya to the Legacy Fund Allocations Committee, at pleasure of Council, for a term of office ending on October 12, 2027, and until a successor is appointed.
2. City Council direct that the balance of Confidential Attachment 1 and Confidential Attachment 2 to the report (September 11, 2024) from the City Clerk in their entirety remain confidential as they relate to personal information about identifiable individuals being considered for appointment to the Legacy Fund Allocations Committee.
Decision Advice and Other Information
Candidate biography
Mark Bhattacharya
Bringing 25+ years of experience in the investment industry, Mark is the Chief Financial Officer and Chief Compliance Officer for One Queen Capital Inc., a securities dealer owned by the Canada Pension Plan Investment Board. His previous experience relates to roles in the asset management industry having held senior positions in finance, compliance, and operations at firms such as UBS Global Asset Management, Burgundy Asset Management and Telus (formerly Morneau Shepell Asset and Risk Management Ltd.). Mark began his career working as a Compliance Examiner with the Ontario Securities Commission and as an Auditor with PricewaterhouseCoopers. Mark brings a wealth of experience in dealing with various Boards, including Investment Committees and Audit Committees throughout his career. He holds a Bachelor of Commerce degree from the University of Guelph and a Chartered Professional Accountant designation from the Institute of Chartered Professional Accountants, Ontario.
Origin
Summary
This report recommends the appointment of one public member to the Legacy Fund Allocations Committee.
Background Information
https://www.toronto.ca/legdocs/mmis/2024/ca/bgrd/backgroundfile-248792.pdf
Confidential Attachment 1 - Recommended Candidate, Biography, Confidential Voluntary Diversity Information Summary and Application for Appointment to the Legacy Fund Allocations Committee
Confidential Attachment 2 - Full list of Applicants, Biographies, Confidential Voluntary Diversity Information Summary and Applications for the Legacy Fund Allocations Committee