Fundserv Board Appoints Karen Adams as President & CEO, July 4, 2017

TORONTO, April 25, 2017 /CNW/ - Fundserv Inc. today announced the appointment of Karen Adams to the role of Fundserv President & CEO. Effective July 4, 2017, Karen will assume leadership for Fundserv's strategic direction, products and day-to-day operations.

"As a seasoned CEO with experience in both the private and public sectors, Karen is a results-oriented, client-focused, inspirational leader well versed in the development and execution of strategy," said Katherine MacMillan, Chair, Fundserv Board of Directors. "Karen has proven herself a capable communicator and a collaborative relationship builder. We look forward to continued success under her leadership at Fundserv."

Prior to joining Fundserv, Karen served as President & CEO of Alberta Pension Services (APS), where she led the organization through a multi-year, $60 million, major technology and business improvement project. During that time, Karen successfully managed the competing interests of varied stakeholders while also substantially improving employee engagement.

"I look forward to leveraging my business acumen to support Fundserv's position as a central part of the Canadian financial services sector," said Karen Adams. "As we look to the future, Fundserv is committed to providing industry-driven solutions that best serve our members and leverage the many exciting opportunities ahead."

To learn more about Fundserv, please visit the website at www.fundserv.com

About Fundserv
Since 1993, Fundserv has connected the investment management industry, delivering solutions that reduce time, cost and risk, as well as fostering discussions that shape the way the industry operates. Fundserv's goal is to provide reliability, innovation and thought leadership, improving the ease of doing business by ensuring every trade is processed timely, accurately and securely, so that its clients can focus on what matters most to their business.

SOURCE Fundserv Inc.

For further information: Chris Pacheco, (416) 350-7576, chris.pacheco@fundserv.com

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http://www.fundserv.com

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