Canadian Western Bank has appointed Chris Fowler its president, adding to his current role of chief operating officer, and announced that he will replace Larry Pollock as CEO of the Edmonton-based bank next year. Fowler, 52, has been with Canadian Western Bank since 1991, serving in increasingly senior positions. In his role as COO, Fowler […]
New service is designed to compete with banks
The increasing demand for wealth-management support services is being driven by baby-boomer clients who may have a significant amount of assets and greater need for more sophisticated financial advice
Dan Gosselin has been named CEO of BNY Trust Co. of Canada and head of the corporate trust business in Canada for BNY Trust’s parent firm, BNY Mellon, a U.S.-based investment-management and services firm. Prior to joining BNY Trust, Gosselin worked as a consultant with Mackie Research Capital Corp., a Toronto-based wealth-management firm serving private […]
Watt Carmichael Inc., a Toronto-based private-client wealth-management firm, has named Martin Sims its president and CEO. Sims, a 20-year financial services industry veteran, formerly was executive vice president and national director with HSBC Securities (Canada) Inc. and the head of its private-client group. He has also worked for several investment firms and advisory consulting firm […]
Envision Financial, a division of Langley, B.C.-based First West Credit Union, has named David Lanphear its vice president, commercial banking and insurance. Lanphear, a 15-year veteran of the financial services industry, will be responsible for the management and overall strategic direction of Envision’s commercial banking and insurance teams. Lanphear was the recipient of the National […]
Les Herr has been appointed to a one-year term as chairman of the board of the Canadian Life and Health Insurance Association Inc., a Toronto-based insurance industry advocacy group. Herr, who has been president and CEO of Empire Life Insurance Co., based in Kingston, Ont., since April 2008, previously served as chairman of CLHIA’s standing […]
Standard Life Assurance Co. of Canada has announced two additions to its senior management team. Michel Fortin, a 25-year veteran with the Montreal-based insurer, has been promoted to senior vice president, marketing and customer solutions, while Kevin Powers has been hired as senior vice president, finance and strategy. Fortin, who assumed his new role on […]
David McKay is celebrating a long career at RBC with an international award and big plans for the future
U.S. taxpayers, including one million living in Canada, will have to file tax returns with the IRS for the last three years