Toronto-based LOGiQ Asset Management Inc. has welcomed Mary Anne Palangio to the role of chief financial officer (CFO).
Palangio joins the asset manager from her most recent role as CFO of the Ontario Retirement Pension Plan Administration Corp. She has also held various senior positions at Toronto-based Manulife Financial Corp., including the role of senior vice president and global head of operations and data management for the firm’s investment division.
Palangio takes over from Derek Slemko, who joined LOGiQ when it was known as Aston Hill Financial in 2006. Slemko was the firm’s CFO and chief operating officer.
“We are pleased to welcome Mary Anne to the LOGiQ team,” says Joe Canavan, LOGiQ’s president and CEO, in a statement. “Her significant financial, operational and strategic knowledge in the asset-management industry make her an excellent fit in this role and for the execution of our growth strategy.
“On behalf of the LOGiQ board of directors and the management team, I would again like to thank Derek Slemko who, during his tenure with the company, has consistently delivered exceptional leadership, valued strategic advice and an uncompromising work ethic,” Canavan adds. “We are pleased that Derek will remain with us in an advisory role over the next several months to ensure a smooth and seamless transition.”
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