Ontario Financing Authority

Ontario Public Sector Salary Disclosure - Sunshine List 2020

Salary Name Position
$227,382.93
earned in 2019
Mara Collins Legal Counsel
Ontario Financing Authority
$126,907.30
earned in 2019
Mari Justo Manager, Business Services
Ontario Financing Authority
$110,757.20
earned in 2019
Mark Froud Senior Financial Policy Advisor
Ontario Financing Authority
$110,757.20
earned in 2019
Michael Isaac Senior Economist and Financial Advisor
Ontario Financing Authority
$459,919.74
earned in 2019
Michael Manning Executive Director and Chief Investment Officer
Ontario Financing Authority
$126,907.30
earned in 2019
Michael Smith Manager, Public Sector Finance
Ontario Financing Authority
$142,312.80
earned in 2019
Nigel Miranda Manager, Operations
Ontario Financing Authority
$110,757.20
earned in 2019
Nurudin Kaba Coordinator, Settlements, Payments, Accounting and Fiscal Agency
Ontario Financing Authority
$158,183.95
earned in 2019
Opal Kandelas Director, Capital Market Operations
Ontario Financing Authority
$170,938.70
earned in 2019
Parvez Daruwalla Manager, Investments and Risk Management
Ontario Financing Authority
$104,909.56
earned in 2019
Paul Lindblad Policy Advisor
Ontario Financing Authority
$105,504.20
earned in 2019
Peter Lam Senior Risk Control Analyst
Ontario Financing Authority
$123,705.18
earned in 2019
Ricky Kf Lai Trader, Funding
Ontario Financing Authority
$122,711.60
earned in 2019
Risa Thau Manager, Settlements, Payments and Fiscal Agency
Ontario Financing Authority
$110,757.20
earned in 2019
Robert Bozinoski Coordinator, Accounting Policy and Financial Reporting
Ontario Financing Authority
$114,095.29
earned in 2019
Ronald Jaikaran Senior Manager, Financial and Regulatory Analysis
Ontario Financing Authority
$205,960.73
earned in 2019
Ronald Kwan Assistant Deputy Minister, Corporate Electricity Finance
Ontario Financing Authority
$110,757.20
earned in 2019
Salvatore Alfano Coordinator, Cash Management
Ontario Financing Authority
$164,365.50
earned in 2019
Sandra Roberts Director, Strategic Project Finance Branch
Ontario Financing Authority
$110,757.20
earned in 2019
Sanmuganandan Rajaratnam Coordinator, Accounting Policy and Financial Reporting
Ontario Financing Authority
Page 4 of 6 - Total result: 102
Published March 2020

Ontario Public Sector Salary Disclosure - Sunshine List 2020

The Public Sector Salary Disclosure Act, 1996 makes Ontario’s public sector more open and accountable to taxpayers. The act requires organizations that receive public funding from the Province of Ontario to make public, by March 31 each year, the names, positions, salaries and total taxable benefits of employees paid $100,000 or more in the previous calendar year.

At SunshineListStats.com, we rank employees from organizations that received public funding from the Province of Ontario and earn over $100,000 per year, including total taxable benefits.

This year's sunshine list includes the top earners in Ontario Financing Authority, including:

  • Top Salaries at Ontario Financing Authority in the 2020 Sunshine List
  • Chief Executive Officer
    $645,282.02
  • Executive Director and Chief Investment Officer
    $459,919.74
  • Director, Funding
    $333,015.48
  • Director, Debt Management
    $333,015.48
  • Chief Financial and Risk Officer
    $257,582.51

2020 Ontario Sunshine List: Ontario Financing Authority Top Earners

Every year, the Ontario government publishes its annual Sunshine List of public sector servants with six-figure salaries. According to the document, Ontario Financing Authority's 103 staffers made the Sunshine List, earning total compensation of $14,937,428.60 in 2019.

At the top of the Ontario Financing Authority Sunshine List

Topping the list for the Ontario Financing Authority was Chief Executive Officer Gadi Mayman, who brought home $645,282.02 in 2019.

Following Gadi Mayman was Executive Director and Chief Investment Officer Michael Manning, with annual earnings of $459,919.74. Director, Funding James Devine made $333,015.48, Director, Debt Management David Peters made $333,015.48, and Chief Financial and Risk Officer Ken Kandeepan round out the top-five highest-paid employees with $257,582.51 for the Ontario Financing Authority 2020 Sunshine List.

Breaking down the numbers

Among employees who received more than six-figure salaries in 2019, 27 received earnings between $100,000 and $110,000 followed by 49 who received between $110,001 and $150,000 , 13 received between $150,001 and $200,000 , 9 received between $200,001 and $250,000 , 1 received between $250,001 and $300,000 , and 4 received over $300,000 at the Ontario Financing Authority.

  • Salary breakdown
  • 27 employees made between $100,000 to $110,000
  • 49 employees made between $110,000 to $150,000
  • 13 employees made between $150,000 to $200,000
  • 9 employees made between $200,000 to $250,000
  • 1 employee made between $250,000 to $300,000
  • 4 employees made more than $300,000

For a complete list of public sector employees who made the 2020 Sunshine List, go to Sunshine List 2020 Employees List. If you wish to analyze the list by the employer, go to Sunshine List 2020 Employers List.