Industry moves this week

Each week, we summarize notable moves across the financial industry.

• Dean Manjuris has joined ScotiaMcLeod as head of growth strategy, which the firm told Investment Executive is a newly created role. Manjuris comes from full-service brokerage and investment banking firm Stifel Nicolaus Canada Inc., where he was a strategy consultant for the leadership team. In his new role, he’ll advise ScotiaMcLeod executives on business growth strategies. Manjuris has worked in the industry for more than three decades, holding senior leadership roles at firms such as BMO Nesbitt Burns and Richardson Wealth.
• Timothy Deacon will be the new executive vice-president and CFO with Sun Life Financial Inc. starting April 8, reporting to president and CEO Kevin Strain. Deacon also will be a member of the company’s global executive team. He succeeds Manjit Singh, who became president of Sun Life Asia on March 18. Singh will continue in that role and as CFO until Deacon comes on board. Deacon joins Sun Life from Ontario Teachers’​ Pension Plan, where he had been CFO since 2021.
• On March 29, the Autorité des marchés financiers (AMF) will shift some responsibilities to respond to “rapid changes occurring in the financial sector,” the regulator said in a release. Activities related to financial education and client services will be overseen by Kim Lachapelle, who will become superintendent of client services and financial education. Activities related to the oversight of financial products and services distribution will be under Hugo Lacroix, whose new title will be superintendent of securities markets and distribution. Patrick Déry, superintendent of financial institutions, will also oversee alternative insurance distribution practices, while Marie-Pier Langelier will become vice-president of strategy and risks, instead of executive director of the office of the president and CEO.
• Rob Wellstood joined the board of directors of the Financial Services Regulatory Authority this month and will serve a two-year term. He recently retired from his role as president and CEO of Peterborough, Ont.-based Kawartha Credit Union Ltd., which he held for 18 of his nearly 30 years with the institution.
• Stefan Pregelj now works with Edward Jones Canada as a financial advisor in Victoria, coming from Coast Capital Wealth Management in Surrey, British Columbia. Pregelj had worked with Coast Capital for nearly two decades.
• Richard Payette became chair and Alice Laberge became vice-chair of the Canadian Public Accountability Board’s (CPAB) board of directors on March 16. Payette succeeds Benita Warmbold, who had led the board since 2019 after having served with the CPAB since 2011. Payette has previously been president and CEO with Manulife Quebec and, prior to that, CEO of BDO Americas. He’s been a CPAB board member since 2021.

If you know of other people moves in the financial industry and/or would like us to consider your announcement, email Katie Keir at katie@newcom.ca.

Katie Keir

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Katie is special projects editor for Advisor.ca and has worked with the team since 2010. In 2012, she was named Best New Journalist by the Canadian Business Media Awards. Reach her at katie@newcom.ca.