Andy Mitchell becomes president and CEO of Canada's investment industry body with more than 30 years of experience
The Investment Funds Institute of Canada (IFIC) has appointed a new chief following an extensive nationwide search.
Andy Mitchell, former managing director and head of asset management distribution at SEI Investments Company Canada, will take up his new role next Monday (Jan. 16).
He brings decades of experience to the role including senior leadership roles at Worldsource Wealth Management, Standard Life Canada, and Bank of America Canada.
Mitchell left SEI at the end of 2022 to ‘seek another opportunity’ and was succeeded by Karla Webster Gill.
That new opportunity will see Mitchell lead the industry body as president and CEO, as well as becoming president and board chair of IFSE Institute, IFIC’s wholly-owned financial services education arm.
“I am very proud and honoured to have been selected to lead IFIC,” said Mitchell. “I am excited about working with the IFIC team, our Board and our many industry volunteers as we seek to build on the organization’s strengths to tackle the challenges and opportunities ahead.”
Rick Headrick, chair of IFIC’s board of directors, says Mitchell emerged as the clear choice to lead the organization as it looks to the next phase of its evolution.
“Andy brings more than 30 years of investment industry and leadership experience to this role, along with a compelling vision for the future of our industry,” he said.
Retiring leader
Mitchell succeeds Paul Bourque, who announced his plan to retire in June 2022.
“The Board is grateful to Paul for his exemplary leadership over his six years at the helm,” added Headrick. “IFIC benefitted immensely from Paul’s expertise and his stellar reputation for being an honest, collegial and reasonable voice for our industry and the investors we serve.”
