Member firms of the Investment Industry Regulatory Organization of Canada (IIROC) elected and re-elected individuals to the IIROC board of directors at the self-regulatory organization’s (SRO) annual general meeting in Toronto on Sept. 9.
Rita Archrekar was elected for a two-year term as a dealer director. Nicholas Thadaney was elected for a two-year term as marketplace director.
Four directors were re-elected to serve two-year terms. Mike Gagne and Brian Heidecker were re-elected as independent directors. Luc Bachand and Holly Benson were re-elected as independent directors.
Eight directors will continue to serve the second year of their two-year terms. James Donegan, Marianne Harris, Edward Iacobucci, Gerry O’Mahoney and Catherine Smith, will serve as independent directors. Paul Allison and Jean-Paul Bachellerie are dealer directors, and Tal Cohen is marketplace director.
At the board meeting held on Sept. 10, the board re-elected Harris and Gagne to serve respectively as chairwoman and vice chairman.
The SRO’s board comprises 15 directors, including IIROC’s president and CEO Andrew Kriegler, with an even number of independent and industry (marketplace or dealer member) directors. Two of the seven industry directors represent marketplaces and five of the seven represent dealer members.
“IIROC is fortunate to have the skills, knowledge and breadth of experience this team of professionals brings to the board. We welcome their continuing insight and the fresh perspectives of our two new members,” said Kriegler in a statement.
“On behalf of the board, I would like to acknowledge the important contributions of directors Kevan Cowan, Sheldon Dyck and Pruyn Haskins who left the board over the past year,” added Harris.