People

All those being honoured at a gala dinner in Toronto have “built and led innovative businesses that continue to play a key role,” says Ian Russell

By Tessie Sanci |

The Toronto-based Investment Industry Association of Canada (IIAC) announced on Thursday that it will welcome six new inductees into its Investment Industry Hall of Fame later this year.

The inductees include:

> J. Brian Aune, who was the former chairman and CEO of Montreal-based Nesbitt Thomson Inc. prior to its acquisition by Toronto-based Bank of Montreal (BMO) in 1987.

> Jim W. Davidson, who is the co-founder and executive chairman of Calgary-based FirstEnergy Capital Corp.

> Doug Steiner, who is the CEO of Toronto-based Evree Corp. and former chairman and CEO of E*TRADE Canada, which was bought by Toronto-based Bank of Nova Scotia in 2008.

> Latham C. Burns, who is being inducted posthumously, was the former president and CEO of Toronto-based Burns Fry Ltd., which BMO acquired in 1994.

> J. Ross LeMesurier, who is being inducted posthumously, was the former vice chairman and head of corporate finance for Toronto-based Wood Gundy Inc., which was acquired by Canadian Imperial Bank of Commerce, also of Toronto, in 1988.

> Austin G.E. Taylor, who is being inducted posthumously, was the former chairman and CEO of McLeod, Young, Weir Ltd., which was bought by Scotiabank in 1987.

"This year's inductees left an indelible mark on the investment industry and capital markets in Canada. They built and led innovative businesses that continue to play a key role in the development and growth of today's industry," says Ian Russell, president and CEO of the IIAC, in a statement.

"Their induction is a testament to their accomplishments and to their integrity, leadership and contribution to their communities," he adds.

This year's inductees will be formally recognized and celebrated at a gala dinner on Oct. 27 in Toronto.

Photo copyright: Bloomberg