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MD Financial Holdings Inc. Board of Directors

Our Board members are selected for their knowledge, skills, experience and expertise in a variety of disciplines including finance, technology, marketing and medicine. This ensures that directors reflect MD's many constituencies including clients and non-clients, business/industry expertise, and CMA board representation.

Board members meet twice annually and may serve as directors for up to three consecutive terms of three years each. The chair of the CMA Holdings board of directors reports quarterly to the CMA board of directors on strategic and policy matters.

Directors are also appointed to various standing committees, which hold regularly scheduled meetings and present recommendations to the Board in concert with their mandates.


Dr. Suzanne Strasberg
Chair of the Board

Dr. Suzanne Strasberg

Dr. Suzanne Strasberg was appointed Chair of MD Financial Holdings Inc. Board of Directors in 2014.

Dr. Strasberg works in Toronto as a member of the Jane Finch Family Health Team, where she is the lead physician responsible for submission of budgets to the Ministry of Health, as well as development of the business and operational plan for the corporation.

A staff member at the Humber River Regional Hospital, Dr. Strasberg's interests include pediatrics, adolescent medicine, gynecology and shared-care obstetrics.

Dr. Strasberg has had extensive involvement with the Ontario Medical Association, including time served as a board director, board chair and past president. She has also served on many OMA committees, including chairing committees that pertain to communications, strategic planning and family health organization model negotiation.

Dr. Strasberg has also worked closely with the Canadian Medical Association, as a board member, co-chair of the CMA committee on public/private interface, as a member of a committee dedicated to health care and education as well as a CMA Council delegate.

Rounding out her community involvement, Dr. Strasberg currently serves as the provincial primary care lead at Cancer Care Ontario and is a founding member of the Coalition of Family Physicians of Ontario.

Brian Peters
President and CEO

Brian Peters

Brian Peters provides the vision and leadership that MD Financial Management needs to deliver on its mandate of assisting Canadian Medical Association members throughout their lifetime to achieve financial well-being, and build rewarding practices that deliver quality health care.

In 2006, Mr. Peters was chosen by the CMAH Board as the President and CEO of MD, based on his strong vision for the organization. He is steadfast in his belief that MD's ownership by the Canadian Medical Association uniquely positions MD to act in the best interests of clients, and to focus exclusively on helping physicians and their families. This conviction drives him to build stronger partnerships with the Canadian Medical Association and the provincial and territorial medical associations—all with the goal of delivering more significant value to members.

Mr. Peters started his career as a financial advisor at RBC Dominion Securities, moving steadily up the ranks to become President and CEO of RBC Dain Rauscher. There, he applied his strategic and business leadership to acquisition-based growth strategies.

Mr. Peters is a graduate of the University of Ottawa with a degree in Business Administration, holds a CFP designation, and is a member of the board of directors of the Investment Funds Institute of Canada.

Dr. Brian Brodie
Chair of the CMA Board

Dr. Brian Brodie

Dr. Brian Brodie joined the CMAH board in 2012 as the Honorary Treasurer of the CMA. Dr. Brodie joined the Canadian Medical Association as a director in 2010 and was elected the Chair of the Board of the CMA in May 2013.

Dr. Brodie entered medical politics based on his interest in health care and his belief in the need for transformation of the system to one that is more patient centred. He has served in many capacities at the British Columbia Medical Association since 2000 including being the Chair of Finance, Chair of the Board and President during the year 2009-2010. He has fostered closer working relationships with the Ministry of Health and was an active agent for change particularly in Primary Care in British Columbia, building consensus and restoring a greater sense of professionalism amongst the physicians of this province.

Dr. Brodie works as a family physician in the community of Chilliwack, British Columbia and has a full spectrum family practice. Having had a special interest in obstetrics, he has had the pleasure of delivering over 2000 children over the last 27 years and enjoys providing care to families in the beautiful Fraser Valley.

Mr. Tim Smith
CEO, Canadian Medical Association

Mr. Tim Smith

Tim Smith is the Chief Executive Officer of the Canadian Medical Association and has been in that role since 2015. Prior to being appointed to the CEO role at CMA Tim spent 20 years of his career at MD and CMA Holdings in various senior management roles serving members of the Canadian Medical Association.

Dr. Aaron Chiu
Associate Dean – Quality Improvement and Accreditation, Max Rady College of Medicine, University of Manitoba

Dr. Aaron Chiu

Dr. Aaron Chiu is a neonatologist at the Children’s Hospital of Winnipeg, Manitoba. He is a clinician and researcher, as well as a seasoned educator at both the undergraduate and postgraduate level.

An active member of Doctors Manitoba, Dr. Chiu is a member of the DocsMB Board Executive currently serving as the President. He is an active member of the Canadian Medical Association and is part of the MD-MP Program.

Dr. Chiu also holds an MBA from the University of Manitoba and ICD.D from the ICD Directors Education Program. Dr. Chiu joined the MD Financial Holdings Inc. Board of Directors in 2015.

George Davie
Corporate Director

George Davie

George Davie is Managing Director for the Hazelton Innovation Group, a leading Growth and Innovation consulting company providing growth strategies, corporate and brand innovation counsel on a Global basis for Fortune 125 clients. He is responsible for the overall strategic direction of the firm including the management of consulting engagements, business development, client counsel and the day to day operations. Under Mr. Davie’s leadership, the firm is regarded as one of the premiere Growth and Innovation consulting companies in North America.

Over the past 20+ years with the firm, Mr. Davie has worked with many of the top Fortune 125 firms, including: American Express, BMO, MasterCard, RBC, Coca-Cola, Nestlé and Dole International.

Prior to the Hazelton Group, Mr. Davie worked as Vice President, Director of Client Services – McKim Advertising (BBDO); Director of Brand and Market Development, Molson Breweries; and Director of New Product Development, S.C. Johnson & Son Ltd.

Mr. Davie is a past director of the Royal Conservatory of Music, Moosehead Breweries, and currently sits on the board of the 407 ETR. He is a graduate of the Ivey School of Business at the University of Western Ontario.

Dr. Eric Howatt
Senior Medical Director, Perioperative Program, Nova Scotia Health Authority

Dr. Eric Howatt

Dr. Eric Howatt is an orthopaedic surgeon at the Valley Regional Hospital in the Annapolis Valley of Nova Scotia, and former Western Zone chief of surgery and head of the Western Nova Scotia tri-district orthopaedic program.

For many years, Dr. Howatt has been instrumental in establishing the orthopaedic program at Western Nova Scotia, which encompassed three district health authorities to serve the area and is now the Western Zone of the provincial health authority (NSHA).

Dr. Howatt was the inaugural president of the Nova Scotia Orthopaedic Society and has served on numerous committees for Doctors Nova Scotia. He is a past president of the Atlantic Provinces Orthopaedic Society, and was a board member of the Canadian Orthopaedic Association for a number of years.

Dr. Howatt has served on several boards of directors, including Maritime Medical Care, Atlantic Blue Cross and Atlantic Blue Cross Care—which later became Medavie Blue Cross, which he chaired for two years. Dr. Howatt served as chair of Medavie EMS from 2005–09. He was on the board of the Blue Cross Life Insurance company as well.

Dr. Howatt was appointed to the board of directors of MD Financial Holdings Inc in 2009.

Yezdi Pavri
Corporate Director

George Vasic

Yezdi Pavri, M.Sc., FCPA, FCA, is an Engineer and Chartered Accountant. He was a former Vice-Chairman (June 2010 to June 2012), and a former Toronto Managing Partner (June 2004 to May 2010) of Deloitte Canada, a leading professional services firm for audit, tax, consulting, enterprise risk and financial advisory services.

Mr. Pavri's experience with Deloitte Canada included overall responsibility for a number of the firm's key clients in the financial, retail and governmental sectors. Between 1990 to 2004, Mr. Pavri was National Managing Partner for Deloitte Canada's Enterprise Risk Services practice.

A Fellow of The Institute of Chartered Accountants in England and Wales, and the Institute of Chartered Accountants of Ontario, Mr. Pavri obtained a Bachelor’s degree in Aeronautical Engineering from the Indian Institute of Technology in Mumbai in 1972 and a Master’s degree in Thermal Power Engineering from Imperial College in London in 1974.

Audit Chair of the Board

Mr. Pavri is Audit Chair of the Board of ICICI Bank Canada, is on the Board of Enterra Holdings Limited and the Board of Ontario Power Generation. He has also served as Chair of the Board of United Way, Toronto and was on the Board of Hydro One Inc.

His interest in the MD Financial Holdings Board initially arose due to the fact all three of his daughters are involved in the medical field.

Mr. Pavri joined the MD Financial Holdings Inc., Board of Directors in 2015.

Courtney Pratt
Corporate Director, Chair Human Resources & Compensation Committee

Courtney Pratt

Courtney Pratt’s career spans 40 years at the helm of some of Canada’s top industrial businesses, particularly in the energy, minerals and mining sectors. From 2004 to 2006, he was CEO of Stelco, guiding it through a court-supervised restructuring, and then served as Stelco’s Chairman until the company’s sale to the US Steel Corporation in 2007.

Mr. Pratt has previously served as the President and CEO of Toronto Hydro. He also served as the President and Chairman of Noranda Inc. He served as a Director of Noranda Minerals Inc., Falconbridge Ltd., Battle Mountain Gold Company, Norcen Energy Resources Limited and Canadian Hunter Exploration Limited. Mr. Pratt also served as Chairman and CEO of the Toronto Region Research Alliance until March 2010.

Mr. Pratt was awarded the Order of Canada in January 1999.

Mr. Pratt joined the MD Financial Holdings Inc. Board of Directors in 2011.

Dr. Mark Schonfeld
President, Langbury Holdings Ltd.
Clinical Assistant Professor, Faculty of Medicine, University of British Columbia

Mark Schonfeld

Dr. Mark Schonfeld was a full-service family physician delivering care from obstetrics to geriatrics and general hospital care for 22 years. Throughout these years, he has been actively involved in the British Columbia Medical Association (now The Doctors of BC), holding various key positions including director, president, and chief executive officer (CEO).Dr. Schonfeld also served as CEO of the BCMA from 1998 to 2011 before retiring from the association to pursue other interests.

From 1994 to 1995, Dr. Schonfeld was president of the BCMA, and sat on the board of both the BCMA and the Canadian Medical Association. He has chaired the CMA CEOs Forum for three years, as well as the CMA Health Information Technology committee for seven years.

Dr. Schonfeld remains actively involved in healthcare issues. He has served as a director of the Vancouver Board of Trade and chaired the Health Care Policy Committee. He is committed to the medical community and understands the needs of today's physicians in terms of clinical, financial and personal needs. He is a member of senior staff in family practice at Vancouver General Hospital. He also sits on the board of Pacific Blue Cross, a not-for-profit third-party insurer for Extended Health Benefits in BC.

W. Iain Scott
Corporate Director, Chair Governance and Compliance Committee

W. Iain Scott

W. Iain Scott has many years of executive level experience in law, financial services and academia. Following law school graduation in 1977 and until 2001, he practiced corporate law in Toronto with substantial experience in the financial services sector. In 2002, Mr. Scott was appointed the first ever Chair & CEO of McCarthy Tetrault. Mr. Scott appointed and worked with a firm wide leadership team focused on the firm's strategic direction, implementing a team-oriented approach to the delivery of high value client services, resulting in significantly improved firm financial performance.

Following completion of his term as CEO, Mr. Scott was recruited by Western University in 2011 as Dean of the Faculty of Law. As Dean, he led a strategic planning process involving the introduction of an enhanced, interdisciplinary curriculum for law students, as well as the recruitment of new faculty. Mr. Scott's term as Dean ended in 2017.

Mr. Scott joined the MD Financial Holdings Inc., Board in 2014 and the MD Private Trust Board in 2015. He was appointed the Chair of the GC Task Force in 2017.

Melissa Sonberg
Corporate Director

Melissa Sonberg

Melissa Sonberg has broad executive leadership experience delivering valued consumer services and deep expertise in stakeholder engagement, including global brand/reputation management, government affairs and corporate social responsibility. This expertise has been crafted upon a foundation of over 30 years of engagement and leadership of all aspects of human resources, corporate development and communications portfolios.

Ms. Sonberg’s most recent executive role was as a founding member of the leadership team leading a young and rapidly expanding company from carve-out to IPO. She helped drive international expansion through M+A around the world, spearheading the creation and launch of a new global brand. Her current board and independent advisory engagements are with client focused enterprises facing transformative market opportunities and significant execution challenges, often within highly regulated environments. Ms. Sonberg joined the MD Financial Holdings Board in 2017.

Dr. Guruswamy Sridhar
Honourary Treasurer, CMA Board

Dr. Guruswamy Sridhar

Dr. Guruswamy Sridhar completed his medical training in India. He obtained his MRCP from the United Kingdom Royal College of Physicians and Fellowship in Internal Medicine and Respiratory Medicine from the Royal College of Physicians and Surgeons of Canada. After completing his Fellowship in Sleep Medicine in Minnesota, US, he moved to and went into practice in Regina, Saskatchewan.

He has played an active role in the association in varying capacities and was the President of Saskatchewan Medical Association in 2010. His passion continues to be physician leadership in health care, quality improvement and sustainable health care transformation. He actively promotes these with his colleagues, administrators and Ministry of Health.

George Vasic
Corporate Director

George Vasic

George Vasic is a seasoned economist with more than 30 years in the industry, the majority as a chief economist and investment strategist, applying economic insights to investment decisions on behalf of clients.

Most recently Mr. Vasic was Managing Director, Head of Canadian Equity Research, Equity Strategist and Chief Economist with UBS Securities Canada. As a member of UBS Global Securities Executive Committee, he oversaw a 900+ person global securities research effort that covered 3200+ stocks across the world. He also oversaw the Canadian Equity Business as a member of Canadian Equity Management Committee.

Prior to joining UBS in 1993, he worked as a director of research at Global Insight and as a consultant at PricewaterhouseCoopers.

Mr. Vasic has a B.A. (Econ) from the University of Windsor (1978) and an M.A. (Economics) from McMaster University (1979).

In addition, he has served on the Economic Policy Committee of the Canadian Chamber of Commerce, as a Contributing Editor to Canadian Business Magazine, on the Toronto Association of Business Economists, and is a past-president of the Ticker Club.

Mr. Vasic joined the MD Financial Holdings Inc., Board in 2015.

Wendy Watson
Corporate Director, Chair of Audit & Risk Management committee

Wendy Watson

Through her bank regulatory experience and work with audit, risk management and governance committees of some of the United States' and Canada's largest financial institutions, Ms. Watson has become an expert in the area of good corporate governance.

At Citizen's Bank, Ms. Watson is a director, chair of the Audit Committee, and a member of the Risk and Compensation Committees. She is also a director of DAS Canada Insurance Co. Inc. (a subsidiary of Munich Re), where she chairs the audit committee and sits on the Governance Committee. Ms. Watson is a Director of Foresters Financial where she chairs the special committee on Strategy Implementation and sits on the Human Capital and Compensation, and Audit Committees. In Boston, Ms. Watson serves on the Children's Hospital Board Committee on Community Service, and is is a member of the Advisory Board of the Crittenton Women's Union.

Ms. Watson is a past director of Women's College Hospital and Women's College Hospital Foundation in Toronto.

Ms. Watson recently retired from State Street. Previously, she was head of Global Private Banking and Trust at CIBC; president and CEO of CIBC Finance, Inc.; CIO and head of internal audits for Confederation Life Insurance Company; and Assistant Vice President of Sun Life Assurance Company.

Ms. Watson resides in Boston and holds dual Canadian and U.S. citizenship. She joined the MD Financial Holdings Inc. Board of Directors in 2010 and also serves on the MD Private Trust Board.