John R.V. Palmer, C.M.

Advisor on Financial and Financial Sector Regulatory Matters

Current Activities

  • Advisor and speaker on financial and financial sector regulatory matters
  • Chairman of the Toronto Centre, a not-for-profit organization providing leadership and change management training to financial supervisors in developing countries
  • Director of Fairfax Financial Holdings Ltd.
  • Director of the Manulife Financial Group, Chair of the Risk Committee, Member of the Audit Committee

Past Activities

  • Superintendent of Financial Institutions for Canada
  • Deputy Managing Director of the Monetary Authority of Singapore
  • Senior positions with KPMG Canada, including Deputy Chairman and Managing Partner
  • Consultant and advisor to a number of international organizations and national authorities, including the International Monetary Fund, the World Bank, the Asian Development Bank, USAID, the Monetary Authority of Singapore and the Australian Prudential Regulation Authority
  • Member of various committees and boards in Canada, Singapore and at the international level, including the Basel Committee for Banking Supervision, the Financial Stability Forum (predecessor to the Financial Stability Board), the Canada Deposit Insurance Corporation and the Central Provident Fund Board in Singapore (Chair of the Audit Committee)
  • Visiting Senior Fellow and Adjunct Professor at the Lee Kuan Yew School of Public Policy in Singapore

Education & Awards

  • Bachelor of Arts, University of British Columbia
  • Chartered Accountant (British Columbia Gold Medal)
  • Fellow of Institute of Chartered Accountants of British Columbia
  • Fellow of Institute of Chartered Accountants of Ontario
  • Lifetime Achievement Award from the former body
  • Public Service Medal (Friends of Singapore) for contribution to public service in Singapore
  • Member, Order of Canada


  • Ministry of Finance – middle income country: Chaired task force reviewing regulatory structure
  • Central Bank – middle income country: Study of supervisory effectiveness
  • Central Bank – middle income country: Workshop on integrated regulation
  • Foreign bank subsidiary – high income country: Advice on responses to regulatory issues
  • Central Bank – middle income country: Study on structure of regulation
  • Regulatory consulting firm: Advice on regulatory capital project
  • Central Bank – high income country: Study on supervisory effectiveness
  • Central Bank and Securities Commission – developing country: Workshop on regulatory best practices and structure of regulation
  • Regulatory Authority – middle income country: Review of approach to integrated regulation and supervision
  • Various central banks and regulatory authorities: Workshops on crisis preparation and macro-prudential supervision
  • Regulatory Authority – middle income country: Review of approach to consolidated supervision
  • Regulatory Authority – high income country: Review of role in failure of a large financial institution


  • IMF and Global Financial Stability
    By John Palmer and Yoke Wang Tok, prepared for the 2011 Triennial Surveillance Review, released by the IMF in September 2011
  • How can financial supervisors improve the effectiveness of corporate governance?
    By John Palmer and Chang Su Hoong, Private Sector Opinion, Volume 18, 2010, A Global Corporate Governance Forum publication, published by the International Financial Corporation
  • Can we enhance financial stability on a foundation of weak supervision?
    Establidad Financiera, Volume 17, November 2009, published by Banco de Espana
  • Is there a need to rethink the supervisory process?
    By John Palmer and Caroline Cerutti (World Bank); A discussion paper prepared for a June 2009 conference on Reforming Financial Regulation and Supervision, presented by the World Bank and Banco de Espana
  • Risk-based supervision: how, why and when?
    Financial Regulator, Volume 11, No. 2, September 2006
  • Can financial systems be crisis-proof?
    Interview with Financial Regulator, Volume 10, No. 3, December 2005
  • Review of the role played by the Australian Prudential Regulation Authority (APRA) and the Insurance and Superannuation Commission in the collapse of the HIH Group of Companies
    Report released by APRA on July 15, 2002, available on the websites of APRA and the Royal Commission appointed by the Government of the Commonwealth of Australia to enquire into the failure of HIH Insurance
  • Report of the Working Group on Offshore Centres
    Established by the Financial Stability Forum and chaired by John Palmer, released by the Forum on April 5, 2000, available on the website of the Financial Stability Board

Be Prepared
for Financial Storms!

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