Ontario Lottery appoints new CFO

People News

Ontario Lottery and Gaming Corporation has appointed Pinder Basi as the organization’s new Chief Financial Officer.

“Pinder is an experienced executive with a proven track record in finance and business with a focus on growth, profitability and collaboration,” says Duncan Hannay, OLG’s President and CEO.

“His successes in large transformations will be an asset as we work together to position OLG for a post-pandemic recovery, digital growth, and new opportunities to maximize value for our customers and the people of Ontario.”

Prior to joining OLG, Pinder served as the Executive Vice President and Chief Financial Officer at Mastermind Toys. In this role, Pinder was a key member of the executive team that grew Mastermind Toys from a Toronto-based retailer into a national chain with a growing e-commerce operation. Pinder previously served as a senior executive at Universal Studios Canada, a division of NBC Universal, and has also been a successful leader in other sectors including packaged goods. He is a designated Chartered Professional Accountant (CPA, CA).

“I am pleased to be joining OLG and look forward to working with the team at such a crucial and exciting time for the organization,” says Pinder Basi. “I believe my experience with growing companies, in both the retail and e-commerce sectors, and with entertainment content delivery, will assist OLG as it charts its new strategic course.”

Pinder is replacing outgoing CFO Lisa Bell-Murray, who is retiring after 30 years of valued service to OLG. “On behalf of all OLG, I would like to thank Lisa for the many professional and personal contributions she has made to this organization over the course of her impressive career,” says Hannay. “We wish her the very best in her retirement.”