TSX Symbol: CIX
TORONTO, Oct. 21, 2013 /CNW/ - CI Financial Corp. ("CI") is pleased to
announce the appointment of Sonia Baxendale and David Miller to its
Board of Directors.
Ms. Baxendale brings expertise in banking and wealth management to the
CI Board. She was a senior executive at CIBC for almost 20 years and
was most recently the President of Retail Banking and Wealth Management
at that bank until 2011, where she was accountable for 80% of the
bank's total revenue and profitability. The skills that Ms. Baxendale
developed as a senior executive of a Canadian chartered bank will
enhance the Board's oversight capability, particularly in the risk
management, strategy and talent areas.
Mr. Miller is Senior Vice-President, General Counsel and Secretary of
Rogers Communications Inc. He has been with Rogers for over 25 years in
increasingly senior roles, and has extensive experience in acquisitions
and public and private financing. Mr. Miller is also a highly regarded
expert and speaker on the use and consequences of options.
"We are very pleased that Sonia and David have agreed to join our
Board," said William T. Holland, Chairman of CI. "Each is a seasoned
executive who will bring to the Board a wealth of experience. We are
delighted to have two individuals of this stature and expertise joining
With this appointment, the CI Board will have 12 members, of which 10
CI Financial Corp. (TSX: CIX) is an independent, Canadian-owned wealth
management company with approximately $111 billion in assets as of
September 30, 2013. CI offers a broad range of investment products and
services, including an industry-leading selection of investment funds,
and is on the Web at www.ci.com/cix.
SOURCE: CI Investments Inc.
For further information:
William T. Holland
CI Financial Corp.