Canadian Treasurer

June 25, 2012

IIAC welcomes new vice chairs

TORONTO-- At the Investment Industry Association of Canada’s (IIAC) Annual General Meeting on June 6, 2012 in Toronto, Roman Dubczak, Managing Director and Head of Cash Equities, Wholesale Banking with CIBC World Markets Inc., welcomed the election of two new Vice Chairs: Peter Brown, Chairman & Founder, Canaccord Financial Inc. and Charles Spiring, National Bank Financial Wealth Management, Senior Investment Advisor, Vice Chairman & Director.

The IIAC’s AGM also marked the second and final year of Dubczak’s term as Chair of the IIAC Board of Directors.

The IIAC advocates on regulatory, public policy, and industry issues to give the investment industry a voice. In his role as Board Chair, Dubczak will focus his efforts on continuing to ensure the IIAC remains a strong and effective advocate on behalf of Member firms with the goal of achieving practical and effective rules, alleviating the compliance burden, and suggesting modifications to proposed structural and public policy measures in order to facilitate the savings-investment process and market efficiencies.

“I am pleased to begin my second year as Board Chair and, working with the IIAC and my fellow Board members, we will continue to provide strong and effective leadership for Canada’s investment industry,” Mr. Dubczak said.

“In light of the significant challenges our industry faces, specifically the new landscape of ongoing regulatory reform and competitive pressures, the need for a strong industry voice has never been greater.”

Ian Russell, President & CEO, IIAC said: “We are very fortunate to have industry leaders such as Roman Dubczak, Peter Brown and Charles Spiring provide their direction and guidance as we lead the investment industry through these challenging times. I have every confidence their contributions to the IIAC, the investment industry and investing public will resonate for years to come.”





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