Toronto: On July 2, Ontario Power Authority Chair John M. Beck announced Colin Andersen had been appointed Chief Executive Officer of the OPA, effective September 15.
Mr. Andersen has more than 20 years experience in the Ontario Public Service, serving in a variety of senior financial and policy positions. Currently, he is the Deputy Minister of Finance, Secretary of Treasury Board, Deputy Minister of Revenue, Chair of the Ontario Electricity Financial Corporation and Chair of the Ontario Financing Authority. In 2003, he was appointed Deputy Minister of Policy, Cabinet Office. Prior to that role, he served in several capacities in the Ministry of Health and Long Term Care, including Acting Deputy Minister, Associate Deputy Minister and Assistant Deputy Minister.
In these and other senior management positions in the Ontario Public Service, Mr. Andersen has provided the government with advice and assistance on all aspects of fiscal and financial policy and planning, expenditure management and overall stewardship of the financial resources of the province. This has included playing a lead role in strategic asset management initiatives, extensive intergovernmental negotiations at the federal and municipal levels and large-scale infrastructure and procurement projects.
“Mr. Andersen’s impressive background demonstrates strong, effective leadership, extensive experience working with diverse stakeholders and with both public and private interests, and prudent fiscal and fiduciary management,” says John Beck. “His role as Chair of the Ontario Electricity Financial Corporation has also given him significant insight into the challenges of funding major electricity projects in Ontario.”
Mr. Andersen succeeds Dr. Jan Carr, founding Chief Executive Officer, who is leaving after three years of leading the OPA’s initiatives to improve the long-term reliability of Ontario’s electricity supply.