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Jennifer Reynolds, president and CEO of Toronto Finance International (TFI), will be stepping down Feb. 6, the organization announced Wednesday.

Reynolds will become the CEO of the Women Corporate Directors Foundation (WCD) on Feb. 7. The foundation claims to be the world’s largest network of women corporate board directors, with members serving on more than 8,500 public and private boards worldwide.

TFI has begun its search for Reynolds’ replacement.

During Reynolds’ four-year tenure, TFI played a leadership role in international networks such as the Financial Centres for Sustainability and the World Alliance of International Financial Centers.

“Jennifer has been a great champion for Toronto as a leading international financial centre and a passionate advocate for the talent and expertise of our sector,” TFI chairwoman Christine Morris stated in a release.