Ontario Financing Authority

Ontario Sunshine List 2025 · 134 employees earning $100K+

Crown Agencies

At a Glance
2025

Employee Count

134

2025 Sunshine List

Total Compensation

$23.1M

Salaries + taxable benefits

Average Salary

$171,840

2025 Sunshine List

Median Salary

$137,379

Half earn more, half less

Who makes the most at Ontario Financing Authority in 2025?

Gadi Mayman, Chief Executive Officer, was paid $801,905 in 2025 — the highest total compensation among 134 Ontario Financing Authority employees on the Sunshine List; the median salary there was $137,379.

How has Ontario Financing Authority's Sunshine List changed?

Ontario Financing Authority listed 3 people in 1996 and 134 in 2025 — 45× as many; payroll on the list went from $338K to $23.1M, and the median salary moved from $113,070 to $137,379.

How many Ontario Financing Authority employees earn over $150,000? →

Salary Trend

Median salary by yearLine chart of 30 yearly values of median salary, from $113,070 in 1996 to $137,379 in 2025.$100K$120K$140K$160K199620022008201320192025
Median salary, 1996–2025. Axis starts at $100,000, the Sunshine List disclosure threshold. That threshold has never been indexed to inflation, so this line can fall over time simply because more people newly cross it — not necessarily because pay fell.

Top Employees
2025

#1Gadi Mayman
$801,905
Chief Executive Officer
#2Robert Yeung
$561,643
Chief Treasury and Investment Officer
#3Ronald Kwan
$529,824
Assistant Deputy Minister, Corporate Electricity Finance
#4Carlos Yep
$441,303
Director, Funding
#5Jean-Paul Lamoureux
$432,951
Director, Debt Management
#6Muneeb Chaudhary
$376,686
Chief Financial Officer
#7Brett Kichiy
$348,832
Director, Investments
#8Lisa Stein
$326,827
Legal Counsel
#9Elizabeth Sidlo-Wallace
$306,272
Senior Manager, Funding
#10Edwin Wong
$304,422
Senior Manager, Derivatives
#11Lindsay Tibando
$301,776
Chief Operating Officer
#12Shabina Hassan
$301,244
Senior Manager, Debt Management
#13Leonidas Oriotis
$294,146
Senior Manager, Funding
#14Parvez Daruwalla
$292,151
Senior Manager, Investments and Risk Management
#15Jose Yee
$270,911
Director, Accounting and Financial Reporting
#16Dakila Proudfoot
$245,563
Manager, Liquidity
#17Mara Bakic
$240,284
Director, Corporate Finance
#18Craig Walsh
$235,678
Senior Manager, Financial Engineering
#19Darren Scanlan
$235,648
Director, Electricity Finance
#20Opal Kandelas
$233,716
Director, Treasury and Capital Markets Operations
#21Deitra Sawh
$230,705
Director, Risk Management
#22Nigel Miranda
$224,957
Director, Information Technology
#23Ricky Kf Lai
$223,984
Manager, Liquidity
#24Sandra Roberts
$219,951
Director, Strategic Project Finance
#25Bonnie Lemcke
$217,462
Manager, Credit and Rating Relations

See all 134 employees in 2025 →

Download CSV (2025) →Released by the Government of Ontario under the Public Sector Salary Disclosure Act, 1996. Compiled by SunshineList.

Biggest Year-over-Year Increases
2024 → 2025

Ronald Kwan at Ontario Financing Authority had the largest increase in disclosed pay on the 2025 Sunshine List: $217,545 to $529,724, up 143.5%.

Ronald Kwan+143.5%
Assistant Deputy Minister, Corporate Electricity Finance
$217,545 → $529,724
Gadi Mayman+24.7%
Chief Executive Officer
$642,146 → $801,046
Muneeb Chaudhary+59.3%
Chief Financial Officer
$236,216 → $376,364
Brett Kichiy+64.1%
Director, Investments
$212,297 → $348,447
Lindsay Tibando+70.0%
Chief Operating Officer
$177,334 → $301,502

A year-over-year increase or decrease in disclosed pay can include overtime, a retroactive payment, a vacation payout or severance, not only a change in base pay, rate, or role — the Sunshine List discloses total salary paid that year, not a pay rate. This list is ranked by the dollar increase, not by the percentage shown.

19 people were new to Ontario Financing Authority's list in 2025; 17 who were on it in 2024 were not. See the full 2025 roster →

See all pay increases at Ontario Financing Authority →

By Year
full lists