Lorey Hoffman
Senior Director
Office of the Superintendent of Financial Institutions, Canada
Member, Basel Committee’s Accord Implementation Group
Chairman, Basel Committee’s Accord Implementation Group Sub-group - Basel II Model Validation

Mr. Lorey Arthur Hoffman is Senior Director at the Office of the Superintendent of Financial Institutions, Canada (“OSFI”). OSFI is the Supervisory authority for federally chartered banks, insurance companies and pension funds in Canada. At OSFI, he is responsible for the implementation of Basel II for Canadian AIRB Banks, as well as the operations of OSFI’s credit and operational risk supervisory resources. Mr. Hoffman is the Canadian member of the Accord Implementation Group of the Bank for International Settlements (“BIS”) in Basel, Switzerland, and also currently serves as Chairman of an AIG Subgroup on Validation.

Prior to joining OSFI in 2001, Mr. Hoffman held a variety of roles in the financial services industry over the last 20 years, spanning consulting and advisory work, investment banking and venture capital. He was previously Managing Director of Structured Financial Products with Aon Group (Chicago), CEO of a merchant banking joint venture with an investment banking partnership, and a Partner with the Financial Institutions Practice of KPMG. He has also served as a Director of a number of insurance companies and specialized financial services companies in the U.S. and Bermuda. Mr. Hoffman graduated from Simon Fraser University in Vancouver, and pursued his Masters and PhD work in Economics, Finance and Statistics at the University of Washington (Seattle).