Charyl Galpin of BMO Nesbitt Burns becomes first woman to chair IIAC board

By The IJ Staff | June 09 2017 09:45AM

Charyl Galpin

Charyl Galpin has become the first woman to be appointed Chair of The Investment Industry Association of Canada’s (IIAC) board of directors.

Galpin, who is EVP and Managing Director, Head, Private Client Division, for BMO Nesbitt Burns Inc., will Chair IIAC for the 2017-18 term. IIAC announced the appointment at its Annual General Meeting held this week.

“I am delighted to be named IIAC Board Chair and very proud to be the first woman to serve in this capacity,” said Galpin. “I look forward to working with my IIAC Board colleagues and staff to promote cost-effective regulation to benefit investors and our capital markets.”

Broadening diversity of leadership

“Charyl Galpin’s appointment is a testament to her experience, accomplishments and valued perspective,” said Ian Russell, IIAC president and CEO. “Her appointment as our Chair is an indication of the broadening diversity of leadership right across the Canadian investment industry and financial sector.”

Transformational change

Galpin is taking on her new role during a time of transformational change in the industry caused by factors such as regulatory reform and technological developments. “I am honoured to be selected to lead the IIAC Board through this unprecedented structural change to strengthen investor protection and market efficiency, and help IIAC member firms navigate this evolving landscape for financial services,” Galpin added.

Steven Donald, President, Assante Wealth Management, was appointed the IIAC’s Vice-Chair for 2017-18.

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