PMAC welcomes new board chair, members

The Portfolio Management Association of Canada (PMAC) elected its new board of directors on Wednesday, for the 2018-2019 term.

Denys Calvin, partner and chief operating officer of Nexus Investment Management, was elected chair. The following three newly appointed directors were also named:

• Jean-François Courville, CEO, Wealthsimple for Advisors;
• Zachary Curry, portfolio manager and president, Davis Rea Ltd.; and
• Margaret Gunawan, managing director, general counsel and chief compliance officer, BlackRock Asset Management Canada.

In a release, Calvin says the industry is currently dealing with “unprecedented change in global markets, regulation and technological advances.”

PMAC president Katie Walmsley adds the association will continue to work with regulators and the government to help advance industry standards in a balanced way.

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