iA Financial Group Announces the Retirement of EVP, CFO and Chief Actuary René Chabot

QUEBEC CITY, Aug. 31, 2017 /CNW Telbec/ - iA Financial Group today announced that René Chabot, Executive Vice-President, CFO and Chief Actuary, will retire on February 15, 2018 after almost 35 years of service.

René Chabot joined iA in 1983 as a graduate from Université Laval in actuarial sciences. Over the years, he has held various management positions in actuarial services, individual insurance and annuities as well as group savings and retirement and, most recently, was responsible for a portfolio of corporate services that encompassed actuarial, accounting, investor relations, risk management, legal affairs and information technologies. René has been Chief Actuary since 2010 and a member of the Company's eight-person strategic planning committee since 2012.

 "It has been a tremendous honour and privilege to have known and worked with René Chabot for almost 35 years," commented Yvon Charest, President and Chief Executive Officer. "In addition to his trademark passion and energy that he brings to every endeavour, I want to pay special tribute to his unique blend of high‑performance leadership and sense of urgency dedicated to serving the long-term interests of iA Financial Group. We thank him for his many years of selfless service, and offer him our best wishes for a long and happy retirement with family and friends."

"Since the day that I joined Industrial Alliance more than three decades ago, I've been given tremendous opportunity to grow personally as well as to participate in the development of an amazing success story that makes me very proud," commented René Chabot. "But the day has come to move on and I'm looking forward to rekindling some of my old passions like golf and chess, while taking the time to simply enjoy life. On a parting note, I'd like to thank the financial community for all the stimulating discussions that we've had over the years."

René Chabot will be succeeded as Chief Actuary by Jacques Potvin, a graduate of Université Laval in actuarial sciences and a 27-year veteran with the Company. Currently Vice-President and Chief Risk Officer, Jacques has occupied a variety of functions including corporate actuarial services, individual insurance sales and marketing, internal audit and capital management. He will assume his new role on February 16, 2018.

About iA Financial Group
Founded in 1892, iA Financial Group celebrates its 125th anniversary this year. iA Financial Group offers life and health insurance products, mutual and segregated funds, savings and retirement plans, securities, auto and home insurance, mortgages and car loans and other financial products and services for both individuals and groups. It is one of the four largest life and health insurance companies in Canada and among the largest publicly-traded companies in the country.

iA Financial Group is a business name and trademark of Industrial Alliance Insurance and Financial Services Inc.

 

SOURCE Industrial Alliance Insurance and Financial Services Inc.

For further information: Investor Relations: Grace Pollock, Telephone: 418-780-5945, Email: grace.pollock@ia.ca; Public Relations: Pierre Picard, Telephone: 418-684-5000, ext. 101660, Email: pierre.picard@ia.ca

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