QUEBEC CITY, March 29, 2017 /CNW Telbec/ - iA Financial Group (Industrial Alliance Insurance and Financial Services Inc.) is announcing its plan to appoint Jocelyne Bourgon as chair of its Board of Directors. Ms. Bourgon will replace John LeBoutillier, who will be retiring after the annual meeting on May 11, 2017. This appointment is subject to the shareholders' re-election of Ms. Bourgon to the board at the annual meeting.
John LeBoutillier has been a member of the Industrial Alliance Insurance and Financial Services Inc. Board of Directors since 1997, and its chairman since 2005.
He is stepping down as chairman of the Board after re-election beyond the age of retirement to ensure a smooth transition to a new chair. A lawyer by training, member of the Order of Canada, and recipient of the 2015 Fellowship Award from the Institute of Corporate Directors, John LeBoutillier holds an impressive track record at the head of various companies and as a director for major corporations.
"I've witnessed Industrial Alliance's remarkable transformation over the years. Less than two decades ago, it was an insurance company with operations mainly in Quebec, just starting to expand outside the province with offices in Toronto and Vancouver," says John LeBoutillier. "Today, iA Financial Group is a full-fledged financial services company with offices Canada-wide and in the United States, and a key player in the Canadian insurance and wealth management industries."
Jocelyne Bourgon has held some of the highest offices in the Canadian Public Service, including Deputy Minister of various economic development departments, Clerk of the Privy Council and Secretary to the Cabinet. She has extensive international experience, including with the Organization for Economic Co-operation and Development (OECD), the UN and the Commonwealth. An Officer of the Order of Canada, Jocelyne Bourgon has been a member of the Industrial Alliance Board of Directors since May 2014, and its vice-chair since May 2016.
"It's a privilege to work with the board members and management of iA Financial Group," says Jocelyne Bourgon. "The exceptional management team and highly skilled board work together to ensure the company's continued success, growth and development. Not only does this benefit its clients and employees, it also ensures the success of its partners and earns the trust of its valued shareholders."
The annual meeting of iA Financial Group is scheduled for Thursday, May 11, 2017, at 2:00 p.m., at the Quebec City Convention Centre located at 1000 René-Lévesque Boulevard East in Quebec City.
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, RRSPs, 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 stock is listed on the Toronto Stock Exchange under the ticker symbol IAG.
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, Office: 418 780-5945, Email: [email protected]; Public Relations, Pierre Picard, Office: 418-684-5000, ext. 1-1660, Email: [email protected]