Penny Lee, Senior Director, Property & Casualty Insurance Group, OSFI


Penny Lee was appointed Senior Director, Property & Casualty Insurance Group, Supervision Sector in October 2009, as part of OSFI’s Supervision Sector reorganization along industry lines.

Ms. Lee joined OSFI in the Fall of 2001 as Senior Advisor in the Life Conglomerate Group and later became the Relationship Manager for various life conglomerate insurers.  From 2003 to 2005, she was responsible for organizing & managing a new division within OSFI, as the Director of the Monitoring and Analytics Support Division.

She was later appointed Managing Director, Financial Institutions Group – Insurance (Toronto) in late 2005 with supervisory responsibilities for both P&C and non-conglomerate Life Institutions. 

Prior to joining OSFI, Penny held progressively more senior financial management roles within the life insurance sector.