New President Elected for Independent Financial Brokers Association

August 18, 2005 – TORONTO, Ontario – Independent Financial Brokers (“IFB”), a national not-for-profit professional association representing independent life insurance and mutual fund advisors held its Annual General Meeting yesterday in Mississauga Ontario. Members voted on and unanimously revised the By-Laws of the association, and passed a Special Resolution to reduce the overall size of the Board of Directors to 18.

In an election for positions open on the Board, David Barber (Toronto, Ontario), Merlin Chouinard (Saskatoon, Saskatchewan), Wayne Harbin (Oakville, Ontario), and Doug Vanderburgh (Burlington, Ontario) were re-elected to three year terms of office. New additions to the Board include Arnold McCurdy (Cobourg, Ontario), Doug Gleed (Newmarket, Ontario), and Neil MacLean (Guelph, Ontario). Merril T. “Bud” Whelan of Charlottetown, Prince Edward Island was elected as a representative of the Atlantic provinces.

In a speech to members at the AGM, out-going President David Barber reflected on his five years at the helm of the association, which has nearly tripled in membership during his tenure. Immediately following the AGM, a meeting of the Board was held to elect Barber’s successor as well as other Officers.

Merlin Chouinard of Saskatoon was elected as the new President of Independent Financial Brokers. Chouinard has spent over 30 years in the life insurance and financial services industry, and is President of Sentinel Financial Group. John Dargie (Oakville, Ontario) was re-elected to the position of Vice-President Insurance and Wayne Harbin was re-elected as Vice-President Member Relations. Al Donald (Winnipeg, Manitoba) was named Treasurer of the association, and Neil MacLean will serve as Board representative on the Executive Committee.

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