The Toronto-based Investment Industry Association of Canada (IIAC) has opened the nomination process for the 2016 class of its Investment Industry Hall of Fame and the association is looking for those who have shown excellence, intelligence and integrity while working in the country’s investment industry.

“We are proud to honour outstanding individuals for their contributions to Canada’s investment industry, local communities and to Canada,” says Ian Russell, president and CEO of the IIAC, in a statement released on Tuesday. “The 2016 inductees will join the distinguished list of past inductees, who have set such a high standard of excellence, innovation and social responsibility.”

A maximum of four living and four posthumous candidates are inducted into the IIAC’s Investment Industry Hall of Fame annually. Inductees are chosen based on the their impact on the industry as well as their demonstrated leadership, ethics and social responsibility. A full list of criteria can be found at the following link:

The inductees are chosen by an independent committee, which is comprised of distinguished Canadians who work, or have worked, in the investment industry, business, politics, law or academia. The IIAC does not partake in any deliberations.

Nominations will be accepted until May 31 at 5 p.m. ET. The inductees will be recognized at a gala dinner in Toronto on Oct. 27.