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QUEBEC CITY - iA Financial Corporation Inc. (TSX:IAG), a financial services company with a market capitalization of $6.35 billion, announced the appointment of Johanne Papillon and Yousry Bissada to its Board of Directors, effective September 23, 2025, according to a company press release. The company’s stock has shown remarkable strength, with InvestingPro data indicating a 106% return over the past year.
Papillon brings over 25 years of financial services experience, most recently serving as Senior Vice-President, Business & Financial Implications, IFRS 17/9 at Sun Life Financial Inc. from January 2020 to December 2022. She previously held senior positions at Sun Life, including Senior Vice-President of Global Asset-Liability Management until 2019. Papillon holds a bachelor’s degree in actuarial science from Concordia University and is a Fellow of both the Canadian Institute of Actuaries and the Society of Actuaries.
Bissada served as President and CEO of Home Trust and Home Bank from 2017 to 2025, and of Home Capital Group Inc. from 2017 to 2023. His leadership guided the financial institution through what the company described as "a period of crisis, transformation and growth." Prior to Home Trust, Bissada was President and CEO of Kanetix Ltd. from 2011 to 2017 and Filogix Inc. from 2000 to 2011. He is a Chartered Professional Accountant with an ICD.D designation from the Institute of Corporate Directors.
With these appointments, iA Financial Corporation’s Board now consists of fifteen directors, with fourteen classified as independent and 47% being women. The Board is chaired by Jacques Martin. The company’s governance structure has supported strong financial performance, with InvestingPro analysis showing a healthy P/E ratio of 5.47 and impressive revenue growth of 57.8% in the last twelve months.
iA Financial Group operates in the insurance and wealth management sectors in Canada and the United States. Founded in 1892, the company is listed on the Toronto Stock Exchange. According to InvestingPro’s comprehensive analysis, the company maintains a "GREAT" overall financial health score, with the stock currently trading near its 52-week high. For detailed insights and 10+ additional ProTips about IAG’s performance, investors can access the full Pro Research Report available on InvestingPro.
In other recent news, iA Financial Group reported strong financial results for the second quarter of 2025, highlighting significant year-over-year growth in core earnings per share (EPS). This performance underscores the company’s continued success, attributed to its diverse business model and strategic acquisitions. Additionally, iA Financial Group announced the appointment of Marie-Annick Bonneau as the new Executive Vice-President and Chief Risk Officer, effective October 1, 2025. Bonneau, who has been with the company for nearly 30 years, will succeed Philippe Sarfati, who is set to retire at the end of the year. Furthermore, Denis Ricard, President and CEO of iA Financial Group, is scheduled to participate in a fireside chat at the Scotiabank Financials Summit on September 4, 2025. This event will be accessible via live and recorded webcast on the company’s website. These recent developments reflect iA Financial Group’s proactive approach in maintaining its robust market position.
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