Gary Seveny is a co-founder and corporate director for the Odawa Group Inc. The Odawa Group began operations in December 2009 developing new approaches to creating financial models for long term funding of Infrastructure projects under a Public Private Partnership (P3) model. The Odawa Group is currently focused on creating a new Chartered Bank in Canada that will focus on debt funding P3 Infrastructure Projects from Federal, Provincial and Municipal Governments. Mr. Seveny’s long career in credit and financial management bodes well for Infrastructure financing as well as construction lending.
Mr. Seveny is the former President and CEO of Alterna Bank of Canada and Alterna Savings both headquartered in Ottawa with operations throughout Ontario and Western Quebec. He commenced his career in the financial industry in 1966 with Metropolitan Life at the Canadian head office and then CS CO-OP (Alterna) in 1973 where he had a 35 year career prior to retiring in 2007.
Alterna Bank is the fulfillment of his vision to create a new schedule one bank in 2000 under the revised Bank Act and the culmination of active lobbying since 1974.
Mr Seveny has been active at both the federal and provincial levels of financial policy and regulatory environments.
He served on the Canadian Payments Association Board of Directors until 2005 influencing new governance practices and models to ensure the sustaining of an effective and safe clearing system. As a member of the Executive Committee, he influenced the financial industry involvement concerning new legislation and regulation at the federal level.
Mr. Seveny has a long history of giving back to the community from a personal perspective and involving Alterna Bank as well as his various Boards. Currently, Mr. Seveny serves on the Boards of Olympia Financial Group, Yorkville Asset Management, Bruyère Foundation, Cooperative Development Foundation and he is Chair of Excellence Canada.
Mr Seveny is the recipient of many awards and honours resulting from his industry activities and community involvement. These include 2002 Business Person of the Year - Silver Award from Ottawa Chamber of Commerce; the Co-operative Life Time Achievement Award in 2003; Angel Award 2004; United Way Community Builder Award 2007; and in 2011 the Youth Mentor – Spirit Award from Ontario Cooperative Association.