New CEO and Chair at Royal Canadian Mint

by CoinNews.net on February 24, 2015 · 0 comments

Sandra L. Hanington

Sandra L. Hanington

There is new leadership at the Royal Canadian Mint as the Government of Canada appointed a new President and CEO, as well as a new Chair of the Board of Directors.

Taking the helm of the minting facility, Sandra L. Hanington is now the Master of the Royal Canadian Mint. Equivalent to a chief executive officer of the corporation, Hanington is tasked with providing leadership and direction in all aspects of the Mint’s day-to-day activities as well as its business performance and continued development.

"I congratulate Sandra Hanington on her appointment as Master of the Royal Canadian Mint," stated Joe Oliver, Canadian Minister of Finance. "Her background in the financial industry and her extensive knowledge across a broad range of areas, from human resources and corporate governance to operational strategy and marketing, make her an ideal fit for this important role. I am certain that the Mint will benefit from the breadth of her expertise."

Among her many qualifications, Ms. Hanington is a licensed professional engineer with a Bachelor of Applied Science degree from the University of Waterloo and a Master of Business Administration from the University of Toronto. Prior to her five-year appointment as Master of the Royal Canadian Mint, Ms. Hanington served as the Executive Vice-President for the BMO Financial Group.

Carman Joynt

Carman Joynt

In related news, a new Chairperson of the Board of Directors for the Royal Canadian Mint was also announced. Carman Joynt was appointed to the position for a five-year term. Joynt had been a member of the Mint’s Board of Directors since November 22, 2007.

"Carman Joynt has been an asset to the Royal Canadian Mint and I congratulate him on his appointment as Chairperson of the Board of Directors," commented Joe Oliver, Minister of Finance. "I am pleased that the Mint will continue to benefit from his leadership and expertise."

Joynt’s qualifications include a Bachelor of Commerce degree from Carlton University and an Institute of Corporate Directors certification. He is also a Fellow of the Institute of Chartered Accountant of Ontario and is a retired audit partner with Deloitte & Touche, Chartered Accountants.

The Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada’s circulation coins. It is also internationally-renowned for its collectible coins and bullion programs.

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