The members of the Board of Directors of the Chambre de la sécurité financière (CSF) elected Alain C. Roy as Chairman of the Board at the CSF’s general meeting on May 27, 2021. Roy succeeds Gino-Sébastian Savard.
In 2020-2021, Alain C. Roy sat on the board as a representative elected at the CSF members’ annual meeting. In its press release, the CSF mentions that Roy has been involved with the self-regulatory organization since its inception, “with the introduction of professional development.” Roy works for the National Bank Insurance Firm as a mutual fund representative and financial security advisor.
The Board members also appointed the two vice-chairs of the Board: Sylvain De Champlain and Anne Côté.
In 2020-2021, Sylvain De Champlain sat on the CSF Board as a representative of the registration category of a mutual fund dealer. He has been a board member since 2016. A financial planner, mutual fund representative and financial security advisor, De Champlain is president of De Champlain Groupe Financier and De Champlain Gestion Privée.
In 2020-2021, Anne Côté sat on the CSF Board as Vice Chair, Head of the Governance and Ethics Committee. Since 2014, she has served on the board as an independent member appointed by the Québec Minister of Finance. A lawyer by training, Côté is an experienced corporate executive, and has sat on many boards of directors.
First virtual meeting
This was the first virtual general meeting in the CSF’s history. It was attended by 200 members of the organization’s electoral college. Exceptionally, no annual meeting was held in 2020.
During his speech, Gino-Sébastian Savard emphasized that the soundness of CSF’s intervention model was proven in 2020. “The relevance of a self-regulatory organization like ours, one capable of maneuvering with agility, but above all of conducting its activities in the best interest of the public and its stakeholders, has been clearly demonstrated.”
Marie Elaine Farley, the President and CEO of the CFS, said that the adjustments made to maintain all of the regulator’s activities have galvanized management and the entire staff. She thanks everyone involved for having quickly adapted the services to diverse virtual delivery modes.
“Priorities have been refocused and methods have been adapted thanks to the agility of all CSF teams. The transformation of the organization, which began in 2019, has instilled more smoothness and efficiency between our different business lines, undeniable advantages to get through such a singular year while supporting the profession,” she says.
