IFIC welcomes four new directors

Industry organization announces board for 2020-2021 fiscal year

IFIC welcomes four new directors

The Investment Funds Institute of Canada (IFIC) has announced its Board of Directors for 2020-2021, which includes four new appointments.

At its recently held annual meeting, IFIC elected four new directors to its board for three-year terms:

  • Bill Charles, president and CEO, Global Maxfin Investments;
  • Pat Chiefalo, managing director, head of iShares Canada, BlackRock Asset Management Canada;
  • Eric-Olivier Savoie, president and CEO, National Bank Investments; and
  • Jason MacKay, head, Wealth Management Intermediaries Canada, Invesco

“This is a very challenging time for the industry and for the economy as a whole, and the Board remains fully focused on engaging with our stakeholders to seek solutions that best serve Canadian investors,” IFIC Board Chair Carol Lynde said in a statement.

Aside from Lynde and the four new additions, IFIC’s current board includes:

  • Rick Headrick (Vice Chair), President, Capital International Asset Management (Canada);
  • Ross Kappele (Past Chair), EVP and Head of Distribution, BMO Asset Management Canada;
  • John Adams, CEO, PFSL Investments Canada;
  • Karen Adams, President & CEO, Fundserv;
  • George Aguiar, President & CEO, GP Wealth Management Corporation;
  • Johanne Blanchard, Vice President and Legal Counsel, IG Wealth Management;
  • Kathleen Bock, Head of Vanguard Americas and Managing Director, Vanguard Canada;
  • Paul Bourque, President & CEO, The Investment Funds Institute of Canada;
  • Sian Burgess, SVP, Fund Oversight, Fidelity Investments Canada ULC;
  • Marc Cevey, CEO, HSBC Global Asset Management (Canada);
  • Bill Charles, President & CEO, Global Maxfin Investments;
  • Nelson Cheng, Chief Executive Officer, Sterling Mutuals Inc.;
  • Jordy Chilcott, President, Sun Life Global Investments;
  • Bruce Cooper, CEO, TD Asset Management;
  • Doug Coulter, President, RBC Global Asset Management Inc.;
  • Judy Goldring, President and Head of Distribution, AGF Management Limited;
  • Stuart Graham, President and Managing Director, PIMCO Canada;
  • Duane Green, President & CEO, Franklin Templeton Investments Canada;
  • Eric Hallè’, Regional Vice President, Eastern Canada, Dynamic Funds;
  • Neal Kerr, Senior Vice-President and Head, Scotia Global Asset Management (Canada);
  • Bernard Letendre, Head of Wealth and Asset Management, Canada, Manulife and President & CEO, Manulife Investments;
  • Damon Murchison, Executive Vice-President, Head of Retail Distribution, Mackenzie Investments;
  • Bill Packham, President & CEO, Aviso Wealth; and
  • David Scandiffio, President & CEO, CIBC Asset Management

“We would also like to extend our deep thanks to outgoing Board members Christopher Enright and Jonathan Durocher for their significant contributions and commitment to IFIC,” Lynde said.


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