TORONTO, Oct. 6, 2022
/CNW/ - First National Financial Corporation (TSX:
FN) (TSX:FN.PR.A) (TSX:FN.PR.B) today announced the
appointments of Martine Irman and
Diane Sinhuber to its Board of
Directors, effective immediately.
Ms. Irman joins First National's Board after a 30+ year career
in financial services. She previously served as Vice Chair of TD
Securities, responsible for ensuring senior client relationship
management across equity, interest rate and currency products. She
also led the team responsible for Global Transaction Services and
Global Lending Relationship Management and co-chaired TD
Securities' Diversity and Inclusion Committee for 15 years. Ms.
Irman achieved her ICD.D designation from the Institute of
Corporate Directors and graduated from the Advanced Management
Program at The Wharton School of the University of Pennsylvania. She is currently a
Director of TMX Group, St.
Michael's Hospital Foundation and Chair of the Board of
Export Development Canada.
Ms. Sinhuber brings 35+ years of leadership experience to First
National, primarily in the financial services industry. She
previously served as Senior Vice President and Deputy Chief Auditor
of TD Bank. Earlier in her career, she was a Partner at Ernst &
Young LLP where she led the firm's Financial Services Organization
in Canada. She is a Fellow
Chartered Professional Accountant (FCPA) and achieved her ICD.D
designation from the Institute of Corporate Directors. She is
currently a Director of the Scarborough Health Network and past
Chair of the Board of the YMCA of Greater
Toronto.
"Speaking on behalf of the Board and the entire team at First
National, we are delighted to welcome Martine and Diane," said
Stephen Smith, co-founder and
Executive Chairman. "Not only do they have deep and relevant
leadership and governance experience earned while serving leading
financial services organizations, they share our values as
dedicated community builders. Accordingly, these appointments
strengthen our business and are entirely appropriate for a company
of our size, scale and potential."
Retirement of John Brough
First National also marked the retirement of John Brough as a Director, effective
September 30, 2022. Mr. Brough joined
the Board in 2006 and served with distinction.
"John was a member of the founding Board of First National at
the time of our initial public offering and as such played a
formative role in the advancement of our company as a
publicly-traded enterprise," said Mr. Smith. "During his tenure,
John provided invaluable counsel to his fellow Directors and our
broader team by generously sharing his vast business and real
estate knowledge. I join all of First National in thanking John for
his immense contributions over the past 16 years and wishing him
all the best in the future."
With today's announcement, the company's Board of Directors now
consists of nine members, of whom six are independent.
About First National Financial
Corporation
First National Financial Corporation (TSX:
FN) (TSX:FN.PR.A), (TSX:FN.PR.B) is the parent company of
First National Financial LP, a Canadian-based originator,
underwriter and servicer of predominantly prime residential
(single-family and multi-unit) and commercial mortgages. With more
than $127 billion in mortgages under
administration, First National is one of Canada's largest non-bank originators and
underwriters of mortgages and is among the top three in market
share in the mortgage broker distribution channel. For more
information, please visit www.firstnational.ca.
SOURCE First National Financial Corporation