Ontario Financing Authority
Rob Yeung is an experienced financial executive with a robust career spanning several prestigious firms. Currently serving as Executive Advisor at the Ontario Financing Authority since January 2024, Rob previously held significant leadership positions at BMO Capital Markets, including Managing Director and Head of Global Equities and Financing Solutions, as well as Managing Director and Head Global FICC from April 2019 to February 2023. Prior roles at BMO Financial Group saw Rob hold the title of Managing Director from November 2006 to January 2021, and earlier experiences include serving as Executive Director at CIBC from February 1995 to October 2006. Rob Yeung earned an MBA from Syracuse University and a BA in Economics from Wilfrid Laurier University.
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Ontario Financing Authority
The Ontario Financing Authority (OFA) was established as an agency of the Crown on November 15, 1993 by the Capital Investment Plan Act, 1993 (the Act). In accordance with the Act, the OFA: • conducts borrowing, investment and financial risk management for the Province of Ontario (the Province); • manages the Provincial debt; • manages the Province's key financial relationships with investors, financial institutions, rating agencies and public bodies; • provides centralized financial services for the Province including banking and cash management; • advises ministries, Crown agencies and other public bodies on financial policies and projects; • assists Crown agencies and other public bodies to borrow and invest money; • acts at the direction of the Province in lending to certain public bodies; • invests on behalf of some public bodies; • with Ontario Power Generation Inc. (OPG), manages the investment activities of OPG’s Used Fuel Segregated Fund and Decommissioning Segregated Fund; and • carries out the day-to-day operations of Ontario Electricity Financial Corporation (OEFC) and provides a broad range of financial services to Infrastructure Ontario. In addition, the OFA’s objects include: • providing such other financial services as are considered advantageous to the Province or any public body; and • any additional objects as directed by the Lieutenant Governor in Council. In pursing its mandate, the OFA is committed to its core values of respect, innovation, teamwork and accountability.