TORONTO, Sept. 12, 2012 /CNW/ - At the Annual General Meeting (AGM) of
the Investment Industry Regulatory Organization of Canada (IIROC) held
in Toronto, Ontario on September 11, 2012, member firms
elected/re-elected individuals to the IIROC Board of Directors.
IIROC's Board is comprised of 15 Directors, including IIROC's President
and CEO, seven Independent Directors and seven Industry Directors. Two
of the seven Industry Directors represent marketplaces and five of the
seven represent dealer members.
Six new directors were elected to the Board. Four of the elected
individuals are Independent Directors: Michael T. Boychuck, James
Donegan, Edward Iacobucci and Catherine Smith. Two of the elected
individuals are Industry Directors: K. Pruyn Haskins and Luc Bachand.
Eight individuals who were elected at the 2011 AGM continue to serve on
the IIROC Board. These individuals are Tal Cohen and Thomas A. Kloet as
Marketplace Directors. Mike Gagné, Brian Heidecker and Daniel Muzyka
continue as Independent Directors. M. Marianne Harris, Robert C.
Blanchard and Yves Néron continue to serve as Industry Directors
representing dealer members.
At the Board meeting held on September 12, 2012, the Board elected M.
Marianne Harris as its new Chair and Daniel Muzyka as Vice-Chair.
"We welcome the newly elected Directors and acknowledge the
long-standing service, dedication and contributions of the outgoing
Chair, Gerry Rocchi, and Directors Daniel Leclair, Grant Vingoe,
Michelle Khalili and Eric Kirzner," said Susan Wolburgh Jenah, IIROC's
President and Chief Executive Officer.
"We are pleased to have such high calibre individuals serve on IIROC's
Board, bringing a cross section of skills, knowledge and breadth of
The current Board is as follows:
Brian Heidecker, Corporate Director
Catherine Smith, Corporate Director
Daniel Muzyka, President and CEO, The Conference Board of Canada
Edward Iacobucci, Professor, Osler Chair in Business Law and Associate
Dean of Research, University of Toronto
James Donegan, President and CEO, OMERS Capital Markets
Michael T. Boychuck, President and CEO, BIMCOR Inc.
Mike Gagné, Corporate Director
K. Pruyn Haskins, Managing Director, Co-head, Global Equity Sales and
Trading Scotiabank Global Banking and Markets Group
Luc Bachand, Vice-Chairman and Head of BMO Capital Markets - Quebec
M. Marianne Harris, Managing Director and President, Corporate and
Investment Banking, Merrill Lynch Canada Inc.
Robert C. Blanchard, President, Haywood Securities Inc.
Tal Cohen, CEO, Chi-X Global
Thomas A. Kloet, CEO, TMX Group Inc.
Yves Néron, Special Advisor, Desjardins Securities
President and CEO
Susan Wolburgh Jenah, President and CEO, IIROC
More information about IIROC's Board of Directors, its mandate and
membership of its subcommittees (Corporate Governance; Finance and
Audit; and Human Resources and Pension) is available on IIROC's website
IIROC is the national self-regulatory organization which oversees all
investment dealers and trading activity on debt and equity marketplaces
in Canada. Created in 2008 through the consolidation of the Investment
Dealers Association of Canada and Market Regulation Services Inc.,
IIROC sets high quality regulatory and investment industry standards,
protects investors and strengthens market integrity while maintaining
efficient and competitive capital markets.
IIROC carries out its regulatory responsibilities through setting and
enforcing rules regarding the proficiency, business and financial
conduct of dealer firms and their registered employees and through
setting and enforcing market integrity rules regarding trading activity
on Canadian equity marketplaces.
SOURCE: Investment Industry Regulatory Organization of Canada (IIROC) - General News
For further information:
Vice President, Public Affairs
Director, Public Affairs