Interac Corp. is pleased to announce that Mario Falvo has assumed the role of Chief Financial & Risk Officer.
Since joining Interac Corp. in 2021, Mario has led our risk management and internal audit functions, and has focused on Interac responsibilities to the Bank of Canada as a designated Prominent Payment System. Mario brings deep understanding of Interac governance to his new role.
Prior to joining Interac, Mario held progressively senior roles in finance. He spent nearly 16 years with Meridian Credit Union, most recently holding a dual role of Vice President, Risk Management & Compliance for Meridian and Chief Risk Officer for motusbank, an OSFI-regulated digital bank that is wholly owned by Meridian.
Mario has an Honors Bachelor of Accounting degree from Brock University and the CPA, CA designation.
Mario holds several board positions, including Member of the Board of Directors of Welland Hydro-Electric System Corporation and its related companies since 2006 and currently Board Chair and Audit Committee Chair; and Member of the Audit Committee of the Niagara Catholic District School Board since 2017.
