Darie Urbanky will share CI GAM leadership before he retires
Darie Urbanky, president, chief operating officer and head of asset management at CI Financial, is to retire before the end of 2024.
With almost 30 years at the firm, starting in the technology department, and 20 years of leadership roles including chief technology officer from 2016-2018 and COO since then, Urbanky has a wealth of experience to pass to his successors.
The process of handing over responsibilities begins in January when chief investment officer Marc-André Lewis becomes co-head of CI Global Asset Management alongside Urbanky, in addition to his existing CIO role.
“Darie helped shape CI into what it is today,” said Kurt MacAlpine, CI Chief Executive Officer. “Over his 27-year career at the firm, he was instrumental in helping to grow the business into a globally recognized financial services leader, having held influential roles across the organization. On behalf of everyone at CI, I thank Darie for his leadership and commitment throughout his tenure at the firm.”
CI Financial has had quite the year as CEO Kurt MacAlpine continues his plans to revitalize the business including the acquisition of dozens of wealth management offices and changes to its United States wealth management operations with a new name – Corient Private Wealth – and the consolidation of some of its offices.
Retiring leaders
Urbanky is not the only CI Financial lifer in a senior role to decide on retirement.
In July, it was announced that Roy Ratnavel would leave his role as EVP and head of distribution for CI Global Asset Management at the end of August 2023, having been with the firm for 30 years.
He was succeeded by Jennifer Sinopoli, formerly the firm’s senior vice president and head of distribution for central Canada having been with CI since 2006 and holding several roles and overseeing innovative changes within her team.
