FAIR Canada makes governance changes

The Canadian Foundation for the Advancement of Investor Rights (FAIR Canada) has appointed a new chair of the board, and also elected two new members to serve on its board of directors.

Ellen Roseman was appointed chair after Stanley Beck resigned. She’s served on FAIR Canada’s board since 2009, and is a personal finance columnist for the Toronto Star.

Beck, who resigned this fall, was one of FAIR Canada’s co-founders. He was one of the first directors, and was chair of the board for the first four years of the organization’s operations.

Executive director Ermanno Pascutto says, “Beck’s chairmanship provided guidance to the organization throughout its formative stages and strengthened its ability to advocate for investor rights.”

The two new board members are Rossa O’Reilly and Marc J. Ryan.

O’Reilly is a past board member, chairman of the CFA Institute, and a past trustee of the CFA Institute’s Research Foundation. He has 40 years of experience analyzing publicly traded equities in the real estate, conglomerate and transportation sectors, and has also developed stock market strategy.

Ryan worked for the Quebec Securities Commission—now the Autorite des marches financiers—as a lawyer and advisor for the Commission. He’s also specialized as legal counsel in financial and securities law with Bell Canada and its parent company, BCE Inc.

FAIR Canada has also adjusted its committee memberships as a result of the director changes. The Finance and Audit Committee is now composed of Robert Pouliot (chair), Ellen Roseman and Tania Willumsen. The Executive Committee members are Ellen Roseman (chair), Neil de Gelder, Claude Lamoureux, and Dawn Russell.

Read:

Informed investors make better clients, for FAIR’s view on investor protection

Money market funds should go: FAIR report

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.