IPC Financial Network Inc announced Tuesday that Jim O’Donnell will join its board of directors.

“I am absolutely delighted to have Jim as part of our company. We have known each other for many years and finally we are able to work together”, said Steve Meehan CEO of IPC Financial Network, in a news release.

“Having Jim on our team will assist us in continuing to open avenues for growth in our company,” added Meehan.

“I am very happy to be back consulting with financial advisors,” said O’Donnell

Mutual funds pioneer O’Donnell resigned as chairman of Strategic Value Corp. of Toronto, following the merger of O’Donnell Investment Management Corp. and Strategic Value in 1999.

IPC said it has almost completed its restructuring plans and is now focused on helping advisors grow the company.