The Investment Industry Association of Canada (IIAC) announced April 12 that the association’s board of directors has appointed a new president and CEO to succeed Ian Russell when Russell steps down after more than 15 years, in August 2021.
Laura Paglia, partner with law firm Borden Ladner Gervais LLP and leader of that firms’ securities litigation and regulatory group, will join the association as its next president and CEO, effective August 1. Prior to her seven years at Borden Ladner, Paglia was also a partner at Torys LLP for more than 10 years.
“Laura has a deep understanding of the workings of the Canadian financial sector, particularly the investment industry, and is respected for her strategic and practical perspectives on securities regulation,” Richard Rousseau, chair of the IIAC board of directors said in a statement announcing the appointment. “At a time of dramatic transformation in the financial sector and capital markets, and sweeping changes in the regulatory framework, the investment industry is fortunate to draw on Laura’s leadership.” Rousseau also highlighted Paglia’s expertise in securities law and regulation, and her extensive relationships in the financial community.
