IFIC announces board of directorsBy Andrew Rickard | September 12 2016 11:30AM
The Investment Funds Institute of Canada (IFIC) has announced its board of directors for 2016-2017.
Following a board meeting that took place on September 8, IFIC released the names of the 26 people who will serve on its board of directors. John Adams, CEO of Primerica Financial Services Canada, is chairman while the 1st vice chairman is Ross Kappele, the EVP and head of retail distribution at BMO Asset Management Canada; this will be the second term that they are serving in these roles. The names of the other 24 board members are listed on the IFIC web site.
“We are on the cusp of significant regulatory and technological changes that will have far-reaching implications for the industry and investors,” says Adams. “The outstanding quality and commitment of our directors enables us to provide thoughtful, fact-based input to policy-making and regulatory decisions as we strive to ensure a strong, stable investment sector where investors can realize their financial goals.”
At the meeting, IFIC also approved Portland Investment Counsel's application for membership. Portland manages mutual funds, alternative investment funds, and private products, and is also a portfolio manager and exempt market dealer.
“On behalf of our board and membership, I am pleased to welcome Portland Investment Counsel,” says IFIC’s president and CEO Paul Bourque. “Each new member and affiliate broadens our understanding of industry concerns, and strengthens our ability to represent the full spectrum of industry and investor interests.”