Each week, Investment Executive will summarize notable management shifts across the financial and wealth management industry.
- Andrew Kriegler will lead the new self-regulatory organization (SRO) that will form when the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (MFDA) merge later this year.
- Michael Jantzi, managing director of ESG strategy with Morningstar Inc., is leaving the firm to become a full-time member of the International Sustainability Standards Board (ISSB) as of July. Joining the ISSB as a part-time member is Jeffrey Hales, an accounting professor with the University of Texas at Austin and chairman of the Sustainability Accounting Standards Board.
- Tiffany Harding has joined Manulife Securities as head of practice management and planning services. Harding comes from Gluskin Sheff + Associates Inc. where she was vice-president, head of wealth planning, for nearly three years. Harding has worked in the financial services industry for more than 20 years with institutions such as RBC, Advocis and the Canadian Securities Institute. She said in a LinkedIn post that one of her focuses at Manulife will be intergenerational family-focused wealth planning.
- Tammy Cash left Horizons ETFs Management (Canada) Inc. — where she was executive vice-president and head of marketing for nine years — for Vanguard Canada earlier this month. She’s now head of marketing, Americas, and will report to Kathleen Bock, principal and head of the Americas region with The Vanguard Group.
- Heidi MacDonald has been named executive vice-president, distribution and operations, with Financial Horizons Group. Her promotion comes as David Stewart, most recently chief operations officer at the firm, departs after nine years. MacDonald joined the company in 2005 as a regional vice-president.
- Richard J. Lee will join the equity income team at Dynamic Funds as vice-president and portfolio manager in July, though his portfolio management duties will begin in August. John Harris, vice-president and portfolio manager, will retire and work with Lee on the transition.
- Russell Investments Canada Ltd. has named Palmer Davison as divisional director of Western Canada for the firm’s advisor and intermediary solutions business, effective July 1. Davison, who started with Russell Investments in 2008, will continue as head of strategic accounts.
- Neil Beaumont, senior managing director and chief financial and risk officer with the Canada Pension Plan Investment Board, is leaving after five years in the role. The CPPIB will be dividing the role into two: chief financial officer and chief risk officer. Beaumont’s departure is planned for mid-summer.
If you know of other people moves in the financial industry and/or would like us to consider your announcement, email Katie Keir at email@example.com.