MD Financial Holdings Inc. Announces 2015 to 2016 Board of Directors

November 17, 2015

Brian Peters, CEO of MD Financial Management Inc. (MD), a Canadian Medical Association (CMA)-owned wealth management organization, today announced the following changes to the Financial Holdings Inc. Board of Directors.

MD is pleased to welcome the following members to the Board of Directors:

Dr. Aaron Chiu, Director, Manitoba RSV Prophylaxis Program, Associate Professor Neonatology, Faculty of Health Sciences, University of Manitoba, is a neonatologist at the Children’s Hospital of Winnipeg, Manitoba. He is a clinician researcher, as well as an experienced educator at both the undergraduate and postgraduate level. He was a member of the University of Manitoba Senate from 2010 to 2015.

Mr. Yezdi Pavri, M.Sc., FCA, Corporate Director, is an Engineer and Chartered Accountant. He was a former Vice-Chairman (June 2010 to June 2012), and a former Toronto Managing Partner (June 2004 to May 2010) of Deloitte Canada, a leading professional services firm for audit, tax, consulting, enterprise risk and financial advisory services.

Mr. George Vasic, Corporate Director, is a seasoned economist with more than 30 years in the industry, the majority as a chief economist and investment strategist, applying economic insights to investment decisions on behalf of clients. Most recently, Mr. Vasic was Managing Director, Head of Canadian Equity Research, Equity Strategist and Chief Economist with UBS Securities Canada.

MD thanks Mr. Frank Penny, who has completed his tenure and is leaving the Board.

“I am very pleased to welcome our newest board members who are looking forward to making a meaningful contribution for our clients, physicians and their families and thank Mr. Penny for his commitment to helping us build an organization that focuses on our clients”, said Brian Peters, CEO of MD. “We will continue to work in our clients’ best interests in helping them to achieve financial well-being, whether they’re a medical student starting their career or a physician close to retirement.

Current members of the Board are: Dr. Suzanne Strasberg (Chair of the Board), Mr. Brian Peters, Dr. Brian Brodie (Chair of the CMA Board), Mr. Tim Smith, Mr. George Davie, Dr. Eric Howatt, Dr. Brendan Lewis, Mr. Courtney Pratt, Dr. Mark Schonfeld, Mr. W. Iain Scott, Ms. Joanne Vézina, and Ms. Wendy Watson.

Visit md.cma.ca to view biographies of the MD Financial Holdings Inc. Board of Directors.

About MD Financial Management

Owned by the Canadian Medical Association, MD Financial Management’s only business imperative is to enhance physicians’ financial outcomes by focusing on their distinctive needs and operating in their best interests.

MD has more than $40 billion in assets under administration and is dedicated to serving Canada’s physicians and their families. MD provides financial products and services, the MD Family of Funds and investment counselling services through the MD Group of Companies. For a detailed list of these companies, visit md.cma.ca.

Media Contacts

Maria Grant
Lead, External Communications
MD Financial Management
maria.grant@md.ca
613 809-0657

Deborah Thompson
DT Communications
deborah@dt-communications.com
416 918-9551

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