iA Financial Group has appointed Philippe Sarfati to the role of executive president, chief risk officer.
“By relying on our risk management sector and his experience, Philippe will help us improve our practices in this area and make sure that our clients feel confident and secure in their future when doing business with us,” said iA Financial Group president and CEO Denis Ricard.
Ricard added that in a changing environment, Sarfati will help continue to advance iA Financial’s “strong risk management practices.”
Sarfati’s appointment takes effect on September 21, 2021. In addition to his appointment, Sarfati will become a member of iA Financial’s executive committee, chaired by Ricard.
With over 30 years of experience in risk management, Sarfati joins iA Financial from Concentra Bank, where he also served as EVP, chief risk officer. His experience includes the development and improvement of risk management frameworks for several North American organizations, including Coast Capital Savings, the Canada Pension Plan Investment Board, PMI Group, and EDS Canada.
Sarfati has two bachelor’s degrees, in economics and commerce, and an MBA in finance and international commerce from the HEC Montréal business school.
