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Media Release - IFIC Announces New Senior Management Appointments

January 24, 2018

Toronto, ON - January 24, 2018 - The Investment Funds Institute of Canada (IFIC) President and CEO Paul C. Bourque, Q.C. has announced two new appointments to IFIC’s senior management team – Carolyn Quick to the position of Vice President, Public Affairs and Minal Upadhyaya as Vice President, Policy and General Counsel.

Ms. Quick is a recognized senior communications leader with extensive experience in managing enterprise-wide communications, public affairs and reputation management programs. Most recently, she was the Vice President, Corporate Communications & Public Affairs with TMX Group, where she was responsible for the organization’s media relations, public affairs, government relations and employee communications programs.

Minal Upadhyaya will join IFIC as Vice President, Policy and General Counsel on March 19, 2018. Ms. Upadhyaya has been with TD Wealth since 2005, most recently as Associate Vice President where she managed a team providing advice to senior management and frontline staff. Prior to that, Ms. Upadhyaya was Senior Counsel with Royal Bank. She has also practiced investment funds law with Osler, Hoskin & Harcourt LLP, Donahue, Ernst & Young and McInnes Cooper & Robertson.

“Canada’s securities regulators have an active agenda for 2018 that will include proposed rules on targeted reforms and further consultations on measures to address conflicts of interest,” said Mr. Bourque. “They and the industry will also be monitoring the impact of CRM2 and considering expanding disclosure to include the full MER. The additions of Ms. Quick and Ms. Upadhyaya put IFIC on a strong footing to represent both industry and investor interests as these proposals and consultations move forward.”

About IFIC

The Investment Funds Institute of Canada is the voice of Canada’s investment funds industry. IFIC brings together 150 organizations, including fund managers, distributors and industry service organizations, to foster a strong, stable investment sector where investors can realize their financial goals. By connecting Canada’s savers to Canada’s economy, our industry contributes significantly to Canadian economic growth and job creation. The organization is proud to have served Canada’s mutual funds industry and its investors for more than 50 years.

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For more information:

Pira Kumarasamy, Communications Consultant: pkumarasamy@ific.ca 416-309-2313

For more information contact:
Pira Kumarasamy
Communications Consultant
The Investment Funds Institute of Canada (IFIC)
Phone: 416-309-2313
Email: pkumarasamy@ific.ca
Website: www.ific.ca

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