Board Re-Appoints Chair M. Marianne Harris
TORONTO, Sept. 10, 2015 /CNW/ - At the Annual General Meeting (AGM) of the Investment Industry Regulatory Organization of Canada (IIROC) held in Toronto, Ontario on September 9, 2015, member firms elected and re-elected individuals to the IIROC Board of Directors.
Changes to the IIROC Board are outlined below.
IIROC's Board is comprised of 15 Directors, including IIROC's President and CEO Andrew Kriegler, with an even number of Independent and Industry (Marketplace or Dealer Member) Directors. Two of the seven Industry Directors represent marketplaces and five of the seven represent dealer members.
At the 2015 AGM, six Directors were elected or re-elected to serve on the Board for a two-year term:
- Mike Gagné (Vice Chair), Brian Heidecker (Independent Directors)
- Rita Achrekar*, Luc Bachand, Holly Benson (Dealer Directors)
- Nicholas Thadaney* (Marketplace Director)
Eight Directors will continue to serve the second year of their two-year terms:
- James Donegan, Marianne Harris (Chair), Edward Iacobucci, Gerry J. O'Mahoney, Catherine Smith (Independent Directors)
- Paul Allison, Jean-Paul Bachellerie (Dealer Directors)
- Tal Cohen (Marketplace Director)
At the Board meeting held on September 10, 2015, the Board re-elected Marianne Harris and Mike Gagné to serve respectively as Chair and Vice Chair.
"IIROC is fortunate to have the skills, knowledge and breadth of experience this team of professionals brings to the Board. We welcome their continuing insight and the fresh perspectives of our two new members," said IIROC President and CEO Andrew Kriegler.
"On behalf of the Board, I would like to acknowledge the important contributions of Directors Kevan Cowan, Sheldon Dyck and Pruyn Haskins who left the Board over the past year," said Marianne Harris, Chair of IIROC's Board of Directors. "I am honoured by the confidence of the Board in reappointing me to the position of Chair of the Board of Directors as we continue to work in the public's interest."
More information about IIROC's Board of Directors, its mandate and membership of its subcommittees (Corporate Governance; Finance, Audit and Risk; and Human Resources and Pension) is available on IIROC's website. IIROC's President and CEO AGM remarks are also available here.
* newly elected
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
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