Al R. Vilcius

Campbellville, Ontario, Canada


Currently contracted to Elections Canada as a Field Liaison Officer, Al was previously operating under appointment in Council as Federal Returning Officer for Halton. Prior to that, Al was most recently President & Chief Executive Officer of Web Pearls Inc., a Waterloo, Canada "dot-com" computer company engaged in developing software tools for enabling advanced mathematical materials on the web, for both academic and commercial users. Since returning to Canada in 1998 from a posting in London, England as Senior Vice President, Risk Management for Mondex International Limited (a former subsidiary of MasterCard International), Al has contributed to a number of strategic business initiatives, on a consultative basis, for various clients, from well known financial institutions to NASDAQ listed "dot-com" companies. For Mondex, which was a "smartcard" scheme developed in the UK for cash-like payment using integrated circuit (IC) technology, Al acted as global risk manager, being responsible for all aspects of risk, including the development of quantitative methods aimed at fraud prevention and detection, and creation of the necessary infrastructure at the international level through relationship management. He left Mondex to pursue partnership opportunities in the related area of biometrics, focusing on secure entry to information/process systems by authorized users through the integration of advanced hardware devices and logical systems tools. After a brief hiatus for personal development and research, Al's attention remains focused on providing strategic business intelligence to knowledge enterprises.

With a broadly based business background in both risk management and sales, Al’s approach to management draws heavily on the experience and knowledge gained in his previous positions, with Mondex, and with CIBC/Wood Gundy in particular. As General Manager of Global Analytics in CIBC Market Risk Management Division, Toronto, his responsibilities included corporate governance for mathematical models used within the Bank, as well as specialized deal analytics plus consultative and special research projects in pursuit of new applications. He was one of the four founding members of Market Risk Management at CIBC, which started in 1987.

Al gained solid business experience from working in Corporate Lending, Commercial Credit, and was a “model builder” (financial engineer) for Commerce Leasing from 1979, making him the first "quant" on Bay Street. Al joined CIBC in 1978 after a two year stint as a Financial Analyst at the Bank of Nova Scotia. His formal education and research is in mathematics, which he also taught at the University of Western Ontario. He is also a co-founder of the Centre for Financial Studies within The Fields Institute for Research in Mathematical Sciences, a past Director of The Canadian Mathematical Society, and characterizes himself as "a retread algebraist". He has served as an Economic Adviser to his Community, a member of GARP, and a member of CommuniTech in Canada’s Technology Triangle, and now as an Officer of the Crown for Parliament..

The MYERS-BRIGGS TYPE INDICATOR® for Al is INTJ which characterizes him as a natural leader and long-range thinker who is independent, original, analytical, and determined.  In terms of leadership, Al's communication style is Style 4, putting him solidly in the "ideas" quadrant.


Tel / Fax: 1.905. 854-2903   /   1.905.854.5636

 personal resume

 link to My Business Card