ONE JIB Board Members

The ONE Joint Investment Board that has been established under section 202(1) of the Municipal Act in accordance with Part II of O. Reg. 438/97, as constituted from time to time, acting pursuant to the ONE Joint Investment Board Agreement.


Jennifer Dowty

Board Member
April 2, 2022 to
March 31, 2025

Jennifer Dowty (CFA) is an equities analyst and business reporter at The Globe and Mail. She has approximately 18 years of experience working in the financial industry, of which nearly 14 years was at Manulife Asset Management. While at Manulife, Jennifer was a portfolio manager overseeing Canadian and global equity mutual funds, institutional funds, and pension plans. She has sat on ONE Investment’s Investment Advisory Committee since November 2016.

Board Member
June 1, 2024 to
May 31, 2027

Craig Dyer (CPA, CGA) has over 35 years of experience in the municipal finance sector, 23 of which at the Municipal Treasurer/CFO level. Most recently and for 12 years, Craig was the Commissioner of Corporate Services and Chief Financial Officer for the Regional Municipality of Waterloo, the 10th largest urban centre in Canada. Craig previously worked for Wellington County as Treasurer for 11 years, as well as for the City of Guelph and Halton Region. Craig is passionate about municipal finance, and in particular about long-term municipal financial sustainability. His experience covers annual operating budgets and long-term capital infrastructure planning, municipal debt and reserves, investments and cash flow management, development charges, asset management, procurement and risk management. Craig is a graduate of McMaster University and is a Chartered Professional Accountant. He was a contributor to the Municipal Debt Report Series and was the recipient of the Municipal Finance Officers' Association Leadership Award in 2020.
Heidi Franken (CPA, CA)

Board Member
February 28, 2024 to
March 31, 2027

Heidi Franken (CPA, CA) is the Registrar at CPA Ontario where she provides regulatory oversight of Ontario’s 94,000 Chartered Professional Accountants in addition to firms and public accounting license holders and is primarily responsible for CPA Ontario’s compliance with statutory obligations. She has extensive capital markets regulatory experience from several senior positions previously held at the Ontario Securities Commission, including roles in Corporate Finance, Office of the Chief Accountant and most recently in the Enforcement Branch where she was Chief, Office of the Whistleblower and Deputy Director. She led specialized investigation and litigation teams, including a team for registrant misconduct. She also led important policy and operational initiatives including the introduction of enhanced and streamlined national prospectus rules for securities offerings and a risk-based compliance and oversight program for all Ontario-based public companies. She is an experienced public speaker on topics including regulatory compliance, corporate governance and ethics.
James G. Giles

Board Member
April 1, 2023 to
May 31, 2026

James G. Giles (CPA, CFA) is retired from his role as Chief Investment Officer of Foresters Financial (Foresters), where he directly oversaw over $6 billion of the organization’s investment assets. Those assets included both Canadian and U.S. insurance and Canadian pension funds, where he represented the organization on industry groups such as Pension Investment Association of Canada. James broadened the asset exposure of Foresters and hired external managers where necessary. Prior to that he directly managed assets including real estate income trusts (REITs) and preferred shares and managed the investment accounting area. James has over 25 years of total financial sector experience. In addition, he has lectured for many years as part of preparatory programs for students seeking the Chartered Financial Analyst designation as well as for other programs such as the then Society of Management Accountants. He has also been quoted in the media on investment matters. He has sat on ONE Investment’s Investment Advisory Committee since November 2016.
Bill Hughes

Board Chair
May 1, 2023 to
May 31, 2026

Bill Hughes (MBA, MES) is a Senior Fellow at the Institute on Municipal Finance and Governance at the University of Toronto. Bill has over 35 years’ experience in finance and public policy at both the provincial and municipal levels of government. Before joining the Institute, Bill was the Commissioner of Finance and Treasurer for the Regional Municipality of York. Bill also held senior positions in the Ontario government, mainly at the Ministry of Finance and the Ministry of Infrastructure. Most recently, he was the Assistant Deputy Minister of Infrastructure Policy and Planning. Bill was a member of the board of directors of the Move Ontario Trust until its wind-up in 2017. He is a lecturer at the University of Toronto’s Munk School of Global Affairs and Public Policy, where he co-teaches a course on policy development. He has sat on ONE Investment’s Investment Advisory Committee since November 2018.

Geri James

Board Vice Chair
May 1, 2023 to
May 31, 2026

Geri James (CFA) has over 25 years of experience in designing, monitoring and implementing investment strategies for pension plans, non-profits, sovereign wealth funds, governments and other institutional investors. Geri also has extensive experience in designing and launching investment vehicles such as pooled funds, mutual funds and exchange traded funds for institutional and retail investors. Geri spent nine years as an investment consultant with AON Hewitt followed by 17 years in various roles, including head of business development, head of product and chief operating officer, for BlackRock Asset Management Canada Limited. Geri was also an ongoing guest lecturer on investments at Humber College. In addition to her work with The One Investment Advisory Committee, Geri is currently a Director of the Board of the Police Credit Union, Board Chair of the Wilderness Canoe Association as well as a founding member of Sparrow, a refugee sponsorship and resettlement program. She has sat on ONE Investment’s Investment Advisory Committee since November 2016.