AGF Management Limited Welcomes Ken Tsang as Chief Financial Officer
24 May 2023 - 10:00PM
AGF Management Limited (AGF) (TSX:AGF.B) is pleased to
announce the appointment of industry veteran Ken Tsang to the
position of Chief Financial Officer. Ken will join the organization
on June 1, reporting to Kevin McCreadie, Chief Executive Officer
and Chief Investment Officer, AGF.
Ken is a respected and seasoned leader with nearly
30 years of experience as a strategic finance and corporate
development leader in Financial Services.
He was most recently the Chief Financial Officer,
Head of Strategy & Business Development at Capital One Canada.
Prior to this, Ken was a Vice President of Strategy at BMO
Financial Group and was previously part of the Financial
Institutions practice of McKinsey & Company and the Investment
Banking Division of Credit Suisse First Boston.
Ken brings expertise in wealth management, retail
banking and capital markets, including private markets experience.
Ken also has global experience working in established and start-up
environments in Canada, the U.S. and Asia.
“We look forward to having someone of Ken’s calibre
join AGF. With a career spanning nearly 30 years, he brings a
wealth of knowledge, extensive strategic development experience and
a successful track record of delivering results that will be an
asset as we continue to evolve our business,” said Kevin
McCreadie.
“I am thrilled to join AGF, a diversified global
asset management firm with a long history of innovation, a strong
financial position, and positive momentum,” said Ken Tsang. “As
part of the AGF team, I look forward to building on this momentum
and contributing to the firm’s growth story.”
Jenny Quinn will remain at AGF and will be
returning to her role as Chief Accounting Officer. She will work
closely with Ken on the CFO transition.
“On behalf of everyone at AGF, I want to thank
Jenny for her contributions to the firm as our interim CFO,” added
McCreadie. “We appreciate her steadfast guidance, support and
professionalism. She has ensured that the firm maintained our solid
financial position with a strong balance sheet as we transition to
our new CFO.”
About AGF Management Limited
Founded in 1957, AGF Management Limited (AGF) is an
independent and globally diverse asset management firm delivering
excellence in investing in the public and private markets through
its three distinct business lines: AGF Investments, AGF Private
Capital and AGF Private Wealth.
AGF brings a disciplined approach focused on
providing an exceptional client experience and incorporating sound
responsible and sustainable practices. The firm’s investment
solutions, driven by its fundamental, quantitative and private
investing capabilities, extends globally to a wide range of
clients, from financial advisors and their clients to high-net
worth and institutional investors including pension plans,
corporate plans, sovereign wealth funds, endowments and
foundations.
Headquartered in Toronto, Canada, AGF has
investment operations and client servicing teams on the ground in
North America and Europe. With over $42 billion in total
assets under management and fee-earning assets, AGF serves more
than 800,000 investors. AGF trades on the Toronto Stock Exchange
under the symbol AGF.B
Media ContactAmanda Marchment
Director, Corporate Communications 416-865-4160
amanda.marchment@agf.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/8e5f407f-5b02-4b0d-bfa8-434860e3419e
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