Olympia Financial Group Inc. Announces Brenda J. Eprile to the Board of Directors
February 20, 2020 at 04:31 am IST
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Olympia Financial Group Inc. announced that Brenda J. Eprile has been appointed to the Board of Directors of Olympia. Ms. Eprile will also serve as Chairperson of Olympia’s Corporate Governance Committee. Ms. Eprile has extensive experience with both financial institutions and capital markets regulation. In April 2017, Ms. Eprile led Home Capital Group Inc.’s board of directors in responding to a severe liquidity crisis that threatened the lender’s viability. As Board Chair, Ms. Eprile was able to restore confidence in the lender by securing a major equity investment and the provision of a $2 billion liquidity backstop from Berkshire Hathaway Inc. Ms. Eprile was a senior member of the Ontario Securities Commission as Chief of Staff (Executive Director), capping twelve years as a securities regulator including six years in the Office of the Chief Accountant and two years in the Enforcement Branch. Ms. Eprile is a financial expert (Fellow Chartered Professional Accountant) and has received the Institute of Corporate Director’s designation (ICD.D). Ms. Eprile’s extensive business background also includes running the risk consulting practice for the Canadian operations of a major global accounting, audit, tax and consultancy firm and creating a multi-million dollar regulatory consulting practice assisting financial services firms, public companies and regulators.
Olympia Financial Group Inc. conducts its operations through its subsidiary, Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company provides foreign currency exchange services and other trustee services. It operates through five segments: Private Health Services Plan division (HEALTH), Investment Account Services (IAS), Currency and Global Payments (CGP), Exempt Edge (EE), and Corporate and Shareholder Services division (CSS). The Private Health Services Plan Division markets, sells and administers health and wellness benefits to business owners. The Currency and Global Payments Division allows corporations and private clients to buy and sell foreign currencies at competitive rates. The Exempt Edge Division focuses on the provision of information technology services to exempt market dealers, registrants, and issuers. The Corporate and Shareholder Services Division provides transfer agent and registrar services to public and private issuers.