Toronto Skyline at dusk, Ontario, Canada
vichie81/123RF

The Investment Funds Institute of Canada (IFIC) on Wednesday announced two new appointments to its senior management team.

Minal Upadhyaya will join IFIC as vice president, policy and general counsel on March 19.

She joins the investment funds industry trade association from TD Wealth, where she was most recently an associate vice president. She has also worked as senior counsel at Royal Bank of Canada and has practiced law at a variety of firms, including Osler, Hoskin & Harcourt LLP, Donahue, Ernst & Young and McInnes Cooper & Robertson.

Carolyn Quick joins IFIC as vice president, public affairs. Most recently, she was vice president, corporate communications and public affairs with TMX Group Ltd.

“Canada’s securities regulators have an active agenda for 2018 that will include proposed rules on targeted reforms and further consultations on measures to address conflicts of interest. They and the industry will also be monitoring the impact of CRM2 and considering expanding disclosure to include the full MER. The additions of Ms. Quick and Ms. Upadhyaya put IFIC on a strong footing to represent both industry and investor interests as these proposals and consultations move forward,” says Paul Bourque, IRIC president and CEO, in a statement.