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TORONTO, March 26, 2013 /CNW/ - First National Financial Corporation (TSX: FN), Canada's largest non-bank originator and underwriter of mortgages,
today announced the appointment of Barbara Palk to its Board of
Ms. Palk is a highly respected financial services executive with a
30-year track record in institutional investment and investment
management, previously serving as President of TD Asset Management Inc.
She is a member of the Institute of Corporate Directors, a Fellow of
the Canadian Securities Institute and a CFA charterholder. She holds a
Bachelor of Arts (Honours, Economics) from Queen's University, and, in
2004, was named one of Canada's Top 100 Most Powerful Women.
"Barbara's considerable industry knowledge, extensive management
experience and sought-after governance expertise make her an invaluable
addition to our board," said Stephen Smith, Chairman and President. "We
are delighted that she has agreed to join First National."
Ms. Palk currently serves as a Director of TD Asset Management USA Funds
Inc., the Ontario Teachers' Pension Plan, Queen's University where she
is Chair, The Perimeter Institute and Greenwood College School. Her
previous board experience includes the Canadian Coalition for Good
Governance, where she chaired the Governance Committee, the Investment
Counselling Association of Canada, the Shaw Festival and UNICEF Canada.
Ms. Palk will stand for first-time election to the Company's Board of
Directors at First National's May 13, 2013 annual meeting of
About First National Financial Corporation
First National Financial Corporation (TSX: FN) is the parent company of
First National Financial LP, a Canadian-based originator, underwriter
and servicer of predominantly prime residential (single-family and
multi-unit) and commercial mortgages. With over $67 billion in
mortgages under administration, First National is Canada's largest
non-bank originator and underwriter of mortgages and is among the top
three in market share in the mortgage broker distribution channel. For
more information, please visit www.firstnational.ca.
SOURCE: First National Financial Corporation
For further information:
Chief Financial Officer
First National Financial Corporation
905 648 9354