TORONTO, Feb. 11, 2016 /CNW/ - Aston Hill Financial Inc. ("Aston Hill" or the "Company") (TSX: AHF) is pleased to announce the appointment of James Werry as President and Chief Executive Officer effective immediately.
Mr. Werry's extensive experience within the Canadian investment industry complements the Company in the areas of strategic development and execution, distribution relationships, and general oversight. As CEO, Mr. Werry will take an active role in leading the direction of the firm's strategy of becoming Canada's leading provider of Liquid Alternative mutual funds.
The majority of Mr. Werry's thirty four years in the Canadian investment industry were spent at ScotiaMcLeod where he held a number of progressively senior positions, ultimately becoming Managing Director and Head of ScotiaMcLeod. After leaving ScotiaMcLeod in 2003, Mr. Werry founded and was CEO of what has become one of Canada's largest independent private client investment firms, Richardson GMP (formerly GMP Private Client). Mr. Werry currently sits on the Board of Manitou Investment Management Ltd. and Myca Health Inc., and is the Past Chair of the Foundation Board of the Toronto East General Hospital.
"I've had the pleasure of working with James over the course of our careers and am delighted that he will be taking on the permanent role of President and CEO," said Aston Hill's Interim Chief Executive Officer, Peter Anderson. "I strongly believe Aston Hill is in a sound position to achieve significant growth within our propriety mutual fund platform under James' guidance. I wish him all the best in his new role." Mr. Anderson is stepping down from his role as Interim CEO to pursue other opportunities within the investment industry.
Said Aston Hill Chief Investment Officer, Ben Cheng, "We have gone through a lot of important change over the past twelve months and I believe we are a significantly better company today because of it. The on-going investments we have made to create an expansive retail distribution platform and the recent changes to our internal infrastructure provide us with the opportunity to drive meaningful profitability and growth specifically in our proprietary products. I look forward to James leading our team in the years ahead. I also want to thank Peter for his contributions to Aston Hill and I wish him all the best in his future endeavors."
Aston Hill Financial Inc. (TSX: AHF) is a diversified asset management company with a suite of retail mutual funds, closed end funds, hedge funds and segregated institutional funds. Aston Hill Financial is headquartered in Toronto.
SOURCE Aston Hill Financial Inc.
For further information: For further information concerning this press release, please contact: Ben Cheng, Chief Investment Officer, Aston Hill Financial Inc., (416) 583-2300, email@example.com; Derek Slemko, Chief Financial Officer, Chief Operating Officer, Aston Hill Financial Inc., (416) 583-2300, firstname.lastname@example.org