One bank of canada is one of canada s newest schedule 1

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Paul Leonard was appointed Chief Financial Officer of Wealth One Bank of Canada in December 2018. Wealth One Bank of Canada is one of Canada's newest Schedule 1 banks, having opened its doors in 2016. Wealth One Bank of Canada is committed to providing great customer service and financial products to all Canadians with a focus on the Chinese Canadian community.

Mr. Leonard is a financial professional with over 30 years experience in launching and growing Canadian retail banks that offer an alternative to the traditional banks.

He was the founding Chief Financial Officer of ING DIRECT (Tangerine Bank), an innovator in offering direct to consumer savings and lending products and an active participant in the brokered deposit and residential mortgage markets. He was the CFO of Ally Canada/ResMor Trust Company which offered term deposit and savings products, retail and wholesale auto loans and residential mortgages through both direct and indirect channels. Ally had over $13 billion in assets before being acquired by Royal Bank of Canada in 2013. More recently, he was the CFO of CFF Bank, a new Canadian schedule 1 bank that had approximately $245 million in assets and over $1.5 billion in loans under administration until is acquisition by Home Capital.

Mr. Leonard is a Certified Professional Accountant, Chartered Accountant and holds a Bachelor of Commerce from the University of Toronto.

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