Lockton Appoints Stéphane Lespérance as CEO of Its Canadian Operations

Lespérance tasked with delivering client-first risk, talent, and benefits solutions for Canadian businesses

TORONTOJune 17, 2026 /PRNewswire/ — Lockton, the world’s largest privately held independent insurance brokerage, today announced a strategic appointment, naming industry veteran Stéphane Lespérance as Chief Executive Officer of Lockton’s new Canadian operations. This milestone appointment underscores the company’s commitment to delivering superior, high-caliber advisory support to Canadian businesses. 

Stéphane Lespérance
Stéphane Lespérance

Stéphane is a recognized leader in the Canadian insurance industry. Prior to joining Lockton, he spent 24 years at Aon Canada, holding several senior roles, serving as President from 2019 and President and Chief Executive Officer from 2025. He has an outstanding track record of enhancing client service levels by developing and implementing complex risk management strategies for large multinational organizations across North America, Europe, and Asia, as well as building elite advisory teams. This uniquely positions him to lead Lockton’s Canadian operations into a new chapter. This appointment reflects Lockton’s commitment to building a locally operated organization in Canada to help businesses navigate the dynamic operating environment and the increasing pressures in risk and talent solutions. 

Ron Lockton, Chairman and Chief Executive Officer of Lockton, said: “Canada, as one of the top ten insurance markets globally, is a mature and globally connected economy. Canadian businesses are facing increasingly complex and interconnected risks. Leveraging our long-established relationships in Canada, we have consistently received market feedback that the industry needs deeper specialized services and a truly client-centric advisory model. Lockton’s independent structure allows us to effectively meet this need. Bringing in a leader of Stéphane’s caliber fully demonstrates the strength and appeal of our private model. He possesses the experience, credibility, and strategic vision needed to deliver exceptional advisory services to clients across Canada.” 

At the core of Lockton’s strategy in Canada is introducing its independent, private model to a market where large and medium-sized enterprises are seeking highly customized advice to address a full spectrum of risk and people-related challenges. The company’s strategy will combine Canadian local leadership and market insight with global expertise, aligning the Canadian retail operations with Lockton’s global network to offer unique products and services to the Canadian market, better serving businesses operating in Canada. 

Stéphane Lespérance, incoming Chief Executive Officer of Lockton’s Canadian retail operations, said: “Canadian businesses need a partner that understands the increasingly complex risk environment they face more than ever—from trade and supply chain uncertainty, cyber threats, to workforce pressures, rising benefit costs, climate resilience, and industry-specific challenges. Lockton’s independent model is highly aligned with today’s Canadian market. It gives us the freedom to build a truly client-centric platform, allowing us to focus on our clients’ long-term success. I look forward to bringing together a collaborative team of experts to deliver outstanding results for Canadian clients.” 

This appointment builds on Lockton’s long-standing work with Canadian clients and multinational companies operating in Canada. Lockton will announce more details in the coming months as it continues to build its Canadian leadership team, expand local market presence, and enhance advisory capabilities. 

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