Paul C. Bourque

The Investment Funds Institute of Canada (IFIC) announced June 29 that Paul Bourque, its President and CEO, intends to retire effective Dec. 31, 2022.

The IFIC Board of Directors has struck a committee to search for the organization’s next CEO. Until his successor is named and integrated, Bourque will continue to lead the IFIC team, says the organization. 

“The industry has benefitted enormously from Paul’s effective and principled leadership since he joined IFIC in June 2016,” said Rick Headrick, Chair, IFIC Board of Directors. “On behalf of the Board and all of IFIC’s members, I thank Paul for his tireless and highly successful efforts to further IFIC’s mission to foster integrity and growth in the industry and to strengthen investor understanding and confidence.” 

“The investment funds industry provides investors with insightful advice, extensive choice and excellent value, and I am proud to have led IFIC through this period of unprecedented change,” said Bourque. “I am very fortunate and grateful to work alongside such an outstanding team and board.”