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Each week, Investment Executive reports on notable moves across the financial industry.

  • Jeff Macoun, president and chief operating officer of Canada Life’s Canadian operations, plans to step down on Feb. 16. Fabrice Morin, who’s currently executive vice-president of individual wealth and insurance solutions with Canada Life, will move into the role. Macoun has worked for more than 40 years with Canada Life and Great-West Lifeco. Morin joined the company in 2019. Read more.
  • Katharine Baran is now senior vice-president, operations, with Wellington-Altus Private Wealth Inc. With more than 20 years of expertise, she’ll work on the firm’s “operational and technological infrastructure” to help with the advisor experience, said a notice. Baran worked most recently with CI Assante Wealth Management and CI Assante Private Client Operations, as senior vice-president of operations.
  • Chad Alderson is the new general manager of global technology and operations, Canada, with Broadridge Financial Solutions Inc. A release said he succeeded Karin Yorfido, who was named president of Broadridge Canada in the summer. Alderson will oversee the company’s Canadian wealth, capital markets and asset management activities, coordinating with its product, marketing, technology and operations groups. He comes from TD Bank Group, where he worked for the past six years.
  • Matt Berman is president and CEO with Foresters Financial, effective immediately, a promotion from the role he accepted in March of last year (president of Foresters Financial U.S. and Canada). He first joined the company in 2017, a release said, and he has 30 years of industry experience. Berman takes over for René Zanin, who’s been interim president and CEO since July 2023, after Louis Gagnon left the position for personal reasons. Zanin’s new title is global chief legal, compliance and membership officer, a position that encapsulates his former legal and compliance leadership responsibilities as well as new duties. 
  • Ali Salahuddin joined the board of directors for the Financial Services Regulatory Authority of Ontario for a two-year term, effective Jan. 11. His industry tenure includes senior experience with institutions such as Citigroup, Merrill Lynch (now Bank of America Merrill Lynch), Bank of Nova Scotia, Royal Bank of Canada, Manulife and Laurentian Bank, a release said.
  • Alka Gautam joined iA Financial Corporation Inc.’s board of directors, effective Jan. 17. She has more than 20 years of experience in the reinsurance and insurance industries, a notice said.
  • Philippe Côté was named vice-president, private client group and investment services, with Beutel, Goodman & Company Ltd. in December. The investment management firm said in a release that Côté’s been in the industry for nearly 20 years and specializes in Quebec’s multi-family office space.

If you know of other people moves in the financial industry and/or would like us to consider your announcement, email Katie Keir at katie@newcom.ca.