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Two new directors have joined the board of directors of the Investment Funds Institute of Canada (IFIC) for the 2018-2019 term, the industry trade group announced Friday.

Bill Packham, president and CEO, Aviso Wealth Inc. was elected to the board for a three-year term. Johanne Blanchard, vice president and legal counsel, Investors Group Financial Services was appointed to the IFIC board. She was elected second vice chair of the board of governors of the Conseil des fonds d’investissement de Québec (CFIQ) last month.

Ross Kappele, board chairman and EVP and head of distribution, BMO Asset Management Canada stated: “This is an important time for the investment funds industry and the coming year will be busy as we seek to advance key issues that will shape the future of the industry. The board is fully focused on supporting IFIC’s collaborative work with industry representatives, regulators, governments and investor advocates to promote a strong, stable sector where investors’ interests remain paramount.”

The full list of the IFIC Board of Directors for 2018-2019 is available on the IFIC website.

IFIC has also released its Year in Review — an interactive timeline that highlights research and advocacy milestones and significant initiatives from 2017-2018.

Separately, IFIC announced that Toronto-based Federated Investors Canada ULC has joined the organization as a member.

The firm is a wholly owned subsidiary of Pittsburgh, Penn.-based Federated Investors, Inc., a financial industry pioneer since 1955 and a global investment manager.