Canadian financial services group IGM Financial has appointed Barry McInerney as the new president and CEO of Mackenzie Investments.
McInerney will replace Jeffrey Carney, who has now been appointed as the president and CEO of Investors Group as well as of IGM Financial.
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In a career spanning more than 25 years in the investment management industry, McInerney held numerous senior executive roles at various leading financial institutions in North America.
"Mr. McInerney brings a global perspective and experience to the Mackenzie Investments team. I look forward to working with him to build on Mackenzie’s strong legacy and increasing marketplace momentum," Carney said.
IGM Financial, a publicly traded subsidiary of Power Corporation of Canada, has total assets under management of $133.6bn as at 31 December 2015.
Its activities are carried out principally by Investors Group, through a network of approximately 5,300 consultants, by Mackenzie Financial through a diversified network of financial advisors, and by Investment Planning Counsel through a network of financial planners.
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