View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
November 16, 2020

CI Financial CFO to step down

CI Financial chief financial officer (CFO) Douglas Jamieson is set to step down after serving for nearly 15 years in the position.

Jamieson has already informed the company about his decision in order to pursue other opportunities. He will continue to operate as CFO until CI Financial selects his successor and an orderly transition is achieved.

In a statement, CI said: “Mr Jamieson’s decision to resign is not the result of any issues or disagreement with the Company on any matter relating to its operations, financial statements, internal controls, policies or practices.”

Jamieson joined CI in 1995 and has held several positions over the years. In 2005, he was appointed the CFO of the company.

CI Financial CEO Kurt MacAlpine said: “On behalf of the entire company, I want to thank Doug for his 15 years of service as CI’s Chief Financial Officer.

“Doug has been an integral part of executive management and a contributing force to our firm’s growth over many years. He has my sincerest gratitude for his dedication and commitment to CI.”

CI Financial is a Canadian firm and provides global asset management and wealth management advisory services.

Recently, the company signed an agreement to acquire majority stake in the Houston-based registered investment advisor (RIA) firm Stavis & Cohen Financial (SCF). This was the company’s tenth RIA acquisition this year.

In September, CI Financial completed the purchase of Illinois-based private wealth manager Balasa Dinverno Foltz (BDF).

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Private Banker International