Board of directors – 2025/26

Carinta Mannarelli President, Global Currency Services Inc. Carinta Mannarelli founded  Global Currency Services Inc. in the year 2000.  In her role as president, she has been honoured with several awards and recognitions including Young Entrepreneur of the Year 2002 (Guelph Business Enterprise Centre), has been nominated for the YMCA’s Women of Distinction award,  has received several Employers awards and has been listed on Canada’s Top 100 Female Business Owners numerous times (published by Profit Magazine).

Patrick Ho A Chartered Accountant and Chartered Business Valuator with 9 years of experience as a public accountant, more than 5 of which were spent in forensic and investigative accounting and contract compliance services. With previous experience as an external auditor of clients in various industries including manufacturing, bio technology, professional services and non-profit organizations, his experience as a forensic accountant includes performing financial statement analysis, performing fraud investigations, conducting interviews, designing and implementing data analytics examinations and conducting contract compliance assessments. Specialties: Forensic financial analysis, data analytics

Karene Lewis Karene is a seasoned Consultant with more than twenty years of experience in the financial services
sector. Over the course of her career, she has held a variety of progressive leadership roles, including
Branch Manager, Manager of Risk & Compliance, Business Relationship Manager, and Financial
Services Officer.

Her involvement with the Canadian MSB Association (CMSBA) began in 2013 after attending the
inaugural CMSBA Fall Conference. Since then, she has been an active and dedicated volunteer,
contributing her expertise to several committees such as the Conference Committee, Finance Committee,
and Advocacy Committee.

Shortly after joining the Association, Karene was nominated to serve as a Director at Large, later
advancing to the role of Director of Membership. In these positions, she has demonstrated a strong
commitment to strengthening the CMSBA community, expanding membership, and supporting the
Association’s mandate to provide a collaborative space for members and industry professionals to
connect, learn, and share knowledge.

Her long-standing involvement, leadership experience, and passion for advancing the sector continue to
make her a valued contributor to the CMSBA.

President & CEO, Trustex Currency Trading Corporation Yasser El-Riffaey is the Founder, President & CEO of Trustex Currency Trading Corporation, a company that specializes in corporate foreign exchange, helping corporations saving time and money in their FX business. Yasser has been in the finance and foreign exchange field for more than 33 years, previously in his role as a Senior V.P. for the Americas for a large international corporation, with his extensive knowledge and experience, he created the first Virtual Trading Desk online. Yasser has served as a director on several boards of business organizations and was a member of a team raising 21 million dollars for the Spark of Life Campaign for a Neuroscience Program.

Peter Morcos, Head of AML & Compliance, WorldRemit Inc.

Peter has 9 years of experience in the financial crime sector ranging from Fraud, AML, Risk management and Compliance. He currently serves as the AML and Compliance officer for WorldRemit, one of the top 5 digital money remittances in Canada, where they facilitate sending transfers to loved ones overseas in over 150 countries through various options including bank deposit, mobile money and cash pickup. He is also a Partner for Reliance Compliance Solutions which assists financial entities across Canada with their regulatory requirements.

Peter is a finance professional, graduating with honours from Davenport University with a Bachelor of Finance, he is CAMS, CFCS, CFE and CFI certified. In his current role, Peter is responsible for overseeing independent audit reviews over AML programs and FINTRAC regulatory exams. Adjusting policies and procedures in accordance with regulatory recommendations. He is experienced with managing and maintaining regulatory compliance teams, program monitoring, analytical functions involved with PCMLTFA, Sanctions screening, training, relationship & wealth management, Anti-money laundering (AML) investigations, financial fraud investigations and KYC/CDD in international, domestic and local banks as well as in money remittance fintechs in the MSB sector.

Sheereen Khan Sheereen is purpose-driven compliance executive and has spent the last 25+ years of her career helping CEOs within the Financial Services sector to execute the right strategy, solve complex problems, create cost-based regulatory solutions and get effective results with minimal risks. She is renowned by local and foreign regulators for the standards she brings to the table and have been invited by them to review international standards and regulations and speak at risk conferences. Sheereen is described by others as a respected advisor, very personable, confident communicator and one who brings clarity to complex issues”.

Deanna Ladouceur Deanna is a certified anti-money laundering specialist with over 19 years of knowledge within the MSB sector specifically. Most recently Deanna has held the position of Chief Compliance Officer/CAMLO with a large retail foreign exchange and played a leading and strategic role in the development and implementation of the anti-money laundering program in the ever-changing regulatory environment. Deanna has significant expertise in implementing legislation and regulatory changes and being the liaison for both independent and regulatory audit and examinations. Currently, Deanna is an active advocate for the MSB community and a board of director for the Canadian MSB Association.

Cindy Zhang Cindy Zhang is a senior associate at McCarthy Tétrault LLP. As a lawyer, she specializes in the regulation of financial institutions (FIs) and fintechs. Cindy assists clients in complying with legislative and regulatory requirements affecting their operations, including anti-money laundering (AML), cost of borrowing, consumer protection, retail payments and market conduct rules. She is a Certified Anti-Money Laundering Specialist with ACAMS. Cindy’s expertise also includes assisting FIs and fintechs with product and service design to ensure compliance with federal and provincial statutory regimes related to consumer and retail services, buy-now-pay-later, payment card processing, reward programs and outsourcing. Prior to a career in law, Cindy studied classical music and worked as an opera and art song singer. These days, her passion in music and the arts extends through her role as a long-time Board member of the Toronto Concert Orchestra.