CI Financial Corp. Announces the Appointment of William Butt to its Board of Directors
March 26, 2019 at 05:15 pm EDT
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CI Financial Corp. announced the appointment of William (Bill) Butt, a leading strategic advisor in business, finance and investment, to its Board of Directors. Mr. Butt spent many years with BMO Financial Group ("BMO"), most recently as Global Head of Investment and Corporate Banking, a role in which he was responsible for BMO's business with major corporations worldwide encompassing equity and debt financing, corporate lending, mergers and acquisition advisory services, merchant banking, trade finance and global treasury management. He also served on BMO's Management and Performance Committees and BMO Capital Markets' Executive, Operating and Management Committees. Mr. Butt serves on the Board of Directors of OMERS and is Chairman of its Audit and Pension Committee and a member of its Investment Committee. He is a member of the Board of Directors of Xplornet Communications, where he is Chairman of its Human Resources and Governance Committee and a member of its Audit and Finance Committee. Mr. Butt is Chairman of the St. Michael's Hospital (Toronto) President's Council and a member of the St. Michael's Hospital Foundation Board of Directors. He is Co-Chairperson of the Children's Aid Foundation of Canada's $60 million `Stand Up For Kids Campaign for Child Welfare' and a member of the Children's
Aid Foundation's Board of Directors and Executive and Nominating Committees.
CI Financial Corp. is a diversified global asset and wealth management company operating primarily in Canada, the United States and Australia. The Company is engaged in the management and distribution of a range of financial products and services, including wealth management, insurance, and others. The Company operates through three segments: Asset Management, Canadian Wealth Management, and U.S. Wealth Management. The Asset Management segment includes CI Global Asset Management, which operates in Canada, and GSFM Pty Ltd., which operates in Australia. The Canadian Wealth Management segment includes the operations of CI Assante Wealth Management, Aligned Capital Partners, CI Private Wealth, Northwood Family Office, CI Direct Investing and CI Investment Services. The U.S. Wealth Management segment includes Corient Private Wealth LLC, an integrated wealth management company providing comprehensive solutions to ultra-high-net-worth and high-net-worth clients across the United States.