Skip to main content

CI Financial’s Stephen A. MacPhail speaks during the annual general meeting of shareholders in Toronto.


CI Financial says its president and chief executive, Stephen MacPhail, will retire at the end of June after 22-year career at the wealth management company.

His replacement is Peter Anderson, interim CEO of Aston Hill Financial Inc.

Anderson was formerly an executive vice-president and member of the CI Financial board after also having held the positions of chief investment officer and CEO of the company's subsidiary, CI Investments Inc.

Story continues below advertisement

The CI board also announced that Sheila Murray, executive vice-president and general counsel, has been appointed company president.

CI Financial Corp. is an independent, Canadian-owned wealth management company with approximately $141.4-billion in assets.

Report an error

The Globe invites you to share your views. Please stay on topic and be respectful to everyone. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.

We’ve made some technical updates to our commenting software. If you are experiencing any issues posting comments, simply log out and log back in.

Discussion loading… ✨