iA Clarington names new president and CEO

Adam Elliott has been appointed president and CEO of iA Clarington Investments Inc, succeeding Andrew Dalglish, who is retiring.

Elliott joined iA Clarington in 2018 as senior vice-president and national sales manager. He will retain his role as national sales manager, according to a release.

“Adam has the experience, expertise and dedication needed to bring iA Clarington to new heights of success,” Sean O’Brien, executive vice-president, iA Wealth, said in the release.

In the same release, the firm announced that Tejsvi (Tej) Rai, senior vice-president, asset allocation, iA Investment Management Inc., has been appointed portfolio manager of the iA Wealth Managed Portfolios, IA Wealth Enhanced Bond Pool, IA Clarington Yield Opportunities Fund, IA Clarington Global Yield Opportunities Fund and IA Clarington Monthly Income Balanced Fund.

Rai joined iA Clarington in November of last year. Previously, he was principal and senior portfolio manager at SECOR Asset Management.

“Our vision is to attract and retain best-in-class investment talent. The recent addition of Mr. Rai to our team of over 100 investment professionals demonstrates that commitment,” Alain Bergeron, chief investment officer and executive vice-president, iA Financial Group, said in a statement.

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