Effective today, Sentry Investments has decided to end its employment relationship with its CIO, Dennis Mitchell. Details of the decision weren’t released. BNN reports Sentry’s president and COO Philip Yuzpe wouldn’t discuss why it is replacing Mitchell ” ‘out of respect’ for his privacy.”
Sandy McIntyre will be stepping back into the role of CIO, a position he held from 2008 to 2012. He’s also taking on lead management responsibility for Sentry’s global fund line-up.
“I’m looking forward to working more directly with our portfolio management team again,” says McIntyre. “Having been in the financial services industry for 40 years, I’ve found few greater rewards than working with and mentoring investment talent to serve the interests of investors.”