A piggy bank with a twenty dollar bill for the money saving mind set.
© Matthew Benoit / 123RF Stock Photo

Leah Anderson is taking over as interim head of the Canada Deposit Insurance Corporation (CDIC) after Peter Routledge left the post to lead the Office of the Superintendent of Financial Institutions (OSFI).

Anderson will serve as president and CEO of the CDIC starting Aug. 16 for up to two years as the government seeks a permanent appointment.

Anderson is currently assistant deputy minister with Finance Canada’s financial sector policy branch.

“I know Leah Anderson will bring strong leadership and financial sector experience to the Canada Deposit Insurance Corporation during this transition,” Finance Minister Chrystia Freeland said in a statement.

“Her expertise will play an important role in safeguarding the strength of Canada’s financial institutions, and ensuring Canadians’ hard-earned savings are protected.”

Routledge became the superintendent of financial institutions at the end of June when Jeremy Rudin retired.