At the Investment Industry Association of Canada (IIAC)’s annual general meeting held on June 5, 2013 in Toronto, Charlie Spiring, vice chair and director, National Bank Financial, was unanimously elected new board chair.
Peter Brown, honourary chairman and founder, Canaccord Financial Inc., will remain for a second term as board vice chair.
IIAC also welcomed the following four new board members:
- Sandy Cimoroni, president, TD Mutual Funds
- Mario Frankovich, chief executive officer and chairman, Burgeonvest Bick Securities Limited
- Peter Meyers, executive managing director, head, Investment and Corporate Banking Canada BMO Nesbitt Burns, Inc.
- Deborah Starkman, chief financial officer and secretary, GMP Capital Inc.
The IIAC’s immediate past chair, Roman Dubczak, managing director and head of equity markets, CIBC World Markets Inc., will remain a member of the Board for an additional year.
In his role as IIAC board chair, Spiring will focus his efforts on continuing to ensure the IIAC remains a strong and effective advocate on behalf of the Association’s 168 Member firms with the goal of achieving practical and effective rules, alleviating the compliance burden, and suggesting modifications to proposed structural and public policy measures in order to facilitate the savings-investment process and market efficiencies.