The Investment Funds Institute of Canada (IFIC) at its annual general meeting, added three new directors to its board of directors for 2022 and 2023, including Sun Life Canada senior vice president of investment solutions, Oricia Smith who is also president of SLGI Asset Management Inc.
Smith joins Leo Zerilli, head of wealth and asset management with Manulife Financial, as the only other representative from a major insurance carrier – the 30-member board predominantly being made up of those from firms with an exclusive focus on asset management.
Joining Smith as new members of IFIC’s board are Michael Konopaski, CEO of Designated Investments Ltd., and Robert Ruffolo, vice president of business development with PEAK Investment Services Inc.
“I would also like to thank our CEO, Paul Bourque, and my fellow directors for contributing their deep expertise to industry discussions through this very busy period of rulemaking and consequential regulatory consultation,” Rick Headrick, IFIC board chair said in a statement announcing the new slate of directors.
In an accompanying Year In Review examining IFIC’s achievements between August 2021 and July 2022, Headrick also congratulates Bourque on his upcoming retirement.
