Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Canada Mortgage & Housing Appoints Robert Kelly as Chairman

May 3 (Bloomberg) -- Robert Kelly, former Bank of New York Mellon Corp. chief executive officer, was named chairman of the Canada Mortgage & Housing Corp. in the government’s latest move to bolster oversight of the federal housing agency.

“Mr. Kelly has extensive Canadian and U.S. experience in both housing finance and capital markets, which will be of great benefit to CMHC,” Human Resources Minister Diane Finley said in a statement today. “His expertise and leadership will ensure the continued strong governance of Canada’s national housing agency.”

Finance Minister Jim Flaherty gave new powers last year to the nation’s banking regulator to oversee CMHC’s finances and added two government deputy ministers to the agency’s board of directors.

Most mortgage insurance in Canada is provided by CMHC, which is backed by the federal government’s top credit rating.

Kelly, a native of Halifax, Nova Scotia, was chairman and chief executive officer of Bank of New York Mellon from 2007 to 2011. He is chancellor of St. Mary’s University in Halifax.

To contact the reporters on this story: David Scanlan in Toronto at; Andrew Mayeda in Ottawa at

To contact the editor responsible for this story: Chris Wellisz at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.