City of Toronto announces realignment of Deputy City Manager and Chief Financial Officer position

GTA Weekly News
City Hall Toronto

Toronto City Council last night approved amendments to the Toronto Municipal Code, Chapter 169, resulting in a structural realignment of the current Deputy City Manager and Chief Financial Officer (DCM and CFO) position. The role will be separated into two distinct positions – a DCM, Internal Corporate Services and a CFO.

Chief Corporate Officer Josie Scioli will step into the newly created role of Deputy City Manager, Internal Corporate Services, effective immediately. To streamline operations and better align reporting structures at the City, the position of Chief Corporate Officer has been eliminated.

“I am pleased that Josie Scioli has agreed to take on the new role of DCM, Internal Corporate Services,” said City Manager Peter Wallace. “In addition to being passionate about Toronto, she has provided strong leadership and vision to the City since joining in 2012. As Chief Corporate Officer, Josie oversaw many of the divisions that will report to this new Deputy City Manager role.”

“I am excited to be embarking on this new opportunity at the City,” said Scioli. “I am proud of being part of the Toronto Public Service and working with such dedicated and passionate colleagues who serve the residents and businesses of Toronto. I am looking forward to taking on new challenges as Deputy City Manager, Internal Corporate Services, and looking for ways to improve how we deliver services to the public.” 

The creation of a distinct Chief Financial Officer position is intended to provide a broader and deeper focus to support City Council with the strategic financial management of the City. An internal and external job search will be conducted to fill the position of Chief Financial Officer. Joe Farag, Executive Director, Corporate Finance, has been appointed acting CFO until the position is filled.

With more than 25 years of experience in municipal finance, Farag will provide the stability and continuity required in this important portfolio until the position is filled permanently. Farag joined the former municipality of North York in 1990 as the Director of Corporate Finance. He also held the positions of Director of Real Estate and Director of Development, Policy and Research before being named Executive Director, Corporate Finance in 2012. 

This news release is also available on the City’s website:

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