Former Ontario Finance and Environment Minister the Hon. Rod Phillips Joins KEWA Financial Inc.’s Board of Directors

Appointment further strengthens KEWA’s world-class governance team as firm grows and continues support of natural resources and energy companies

Franklin, Tennessee/Toronto, Ontario – KEWA Financial Inc. (“KEWA”), a private financial services, insurance, and capital provider that supports natural resources and energy businesses, announced the appointment of the Hon. Rod Phillips, former Ontario Cabinet Minister, to its Board of Directors. KEWA wholly owns Indemnity National Insurance Company (“INIC”), which is rated ‘A’ (Excellent) by AM Best and is licensed in the United States and Canada.

Rod Phillips is Vice Chairman of Canaccord Genuity Corp., a global investment bank. He served as Ontario’s Minister of Finance from 2019 to 2020, following his tenure as Minister of the Environment, Conservation & Parks (2018-19) and later as Minister of Long-Term Care (2021-22). He serves as chair of the board of directors of Toronto Global and Petal Health and is a member of the board of directors of Aecon Group Inc. Prior to his public service, Mr. Phillips was the President and CEO of the Ontario Lottery and Gaming Corporation (OLG) and the health and productivity company Morneau-Shepell (Lifeworks). He previously served as the chair of the board of directors of Postmedia Network Inc. and Canadian chair and member of the global advisory board of AI unicorn Afiniti.

“Rod brings a unique blend of experience as both a public and private sector leader, helping business and government work together to advance projects of national and international significance,” said David Wiley, Founder and Executive Chairman of KEWA. “His insight and leadership will be invaluable as we continue to support our customers meet their obligations to regulators and maintain support of local communities where they operate.”

Globally, governments, businesses, investors, and local communities have a renewed focus on mineral access, resource supply chains, and energy supply. By providing the insurance and capital solutions that underpin regulatory approvals, such as meeting reclamation financial assurance requirements, KEWA enables essential projects to move forward.

“KEWA is playing an increasingly important role helping advance projects that matter to our economy,” said Mr. Phillips. “I’m pleased to join a team that combines decades of expertise with a clear sense of purpose. KEWA will remain a reliable partner to the businesses that will play a crucial role meeting the mineral, energy, and resource demands of the future.”

Mr. Phillips appointment reflects KEWA’s commitment to broadening its world-class governance team. He joins Executive Chairman and founder David Wiley and CEO Scott Lampard on the board of directors. KEWA’s board also includes Jim Falle and David Folkes. Together with the company’s experienced management team, these leaders brings together the depth, expertise, and vision to ensure KEWA remains a trusted and reliable partner to customers in natural resources, energy, and other key sectors.

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Biography – the Hon. Rod Phillips
Rod Phillips is Vice Chairman of Canaccord Genuity Corp., a global investment bank. He served as Ontario’s Minister of Finance from 2019 to 2020, following his tenure as Minister of the Environment, Conservation & Parks (2018-19) and later as Minister of Long-Term Care (2021-22). He serves as chair of the board of directors of Toronto Global and Petal Health and is a member of the board of directors of Aecon Group Inc. Prior to his public service, Mr. Phillips was the President and CEO of the Ontario Lottery and Gaming Corporation (OLG) and the health and productivity company Morneau-Shepell (Lifeworks). He previously served as the chair of the board of directors of Postmedia Network Inc. and Canadian chair and member of the global advisory board of AI unicorn Afiniti.