QUEBEC
CITY, QC, Jan. 28, 2025 /CNW/ - iA Financial
Corporation Inc. (the "Company") is pleased to announce today that
the Board of Directors (the "Board"), following the recommendation
of its Audit Committee, has proposed the appointment of Ernst &
Young LLP ("EY") as the Company's external auditor for the 2026
financial year.
As announced in our latest Management Information Circular, in
2024, a robust external auditor tender process was conducted,
resulting in the decision to recommend the appointment of EY as
external auditor for the 2026 financial year. This strategic
auditor selection process, last conducted in 2013, is part of our
internal governance framework and ongoing commitment to upholding
robust governance practices.
The Company would like to extend its heartfelt gratitude to
Deloitte for their dedicated and invaluable service as our external
auditor. The Company greatly appreciates Deloitte's deep
understanding of our business, operations, accounting policies,
systems and internal controls, which has contributed significantly
to the high quality of audit services provided over the years.
EY and the Company will engage a transition process during the
2025 financial year to ensure an orderly transfer of audit
responsibilities on or before the Company's Annual Meeting of
common shareholders in 2026. The appointment of EY will be
submitted to shareholders for approval at such meeting. Deloitte
will continue as external auditor for the 2025 financial year,
subject to shareholder approval at the Company's annual meeting of
common shareholders to be held on May 8,
2025.
About iA Financial Group
iA Financial Group is
one of the largest insurance and wealth management groups in
Canada, with operations in
the United States. Founded in
1892, it is an important Canadian public company and is listed on
the Toronto Stock Exchange under the ticker symbol IAG (common
shares).
iA Financial Group is a business name and trademark of iA
Financial Corporation Inc. and Industrial Alliance Insurance
and Financial Services Inc.
SOURCE iA Financial Group
