—Peter D. Thompson
TORONTO, ONTARIO, CANADA, June 21, 2022 /EINPresswire.com/ — The Canadian Association of Financial Institutions in Insurance (CAFII) is pleased to announce that Peter D. Thompson has been elected Chairman of its Board of Directors. Mr. Thompson succeeds Chris Lobbezoo, who completed a two-year term as president.
Mr. Thompson, President and Chief Executive Officer of National Bank Insurance, has been a director of CAFII since 2019 and Vice-Chairman of the Board since 2020. National Bank Insurance is a trademark of National Bank of Canada, which is a bank of prominent in Quebec and the United States. sixth largest commercial bank in Canada.
“On behalf of the CAFII Board of Directors, I would like to thank Chris Lobbezoo for guiding our association through the unprecedented challenges presented by the COVID-19 pandemic over the past two years,” said Mr. Thompson. . “Under Chris’s leadership, CAFII has successfully pivoted its meetings and services with its members, as well as its relationships and communications with regulators and insurance policy makers to online channels. Additionally, the Association was able to deftly direct its research towards the impact of the pandemic on how Canadians want to transact insurance in the future.
Mr. Lobbezoo, who is vice-president of credit insurance at RBC Insurance, remains on the board of CAFII as a director of his member organization.
“I would like to thank my fellow directors, the volunteer members who serve on ACIF’s committees and the association’s management team for their support during my term as president,” said Mr. Lobbezoo. “Going forward, CAFII is in very experienced and capable hands with Peter D. Thompson as Chairman and I wish him the best of luck in guiding the Board in setting the strategic direction of our association and to achieve much continued success.
About ACIFI: The Canadian Association of Financial Institutions in Insurance is a not-for-profit industry association dedicated to the development of an open and flexible insurance market. CAFII believes that consumers are best served when they have meaningful choice in purchasing insurance products and services. CAFII’s 15 members include the insurance arms of Canada’s leading financial institutions – BMO Insurance; CIBC Insurance; Desjardins Insurance; National Bank Insurance; RBC Insurance; ScotiaLife Financial; and TD Life Insurance Company; with key industry players Assurant Canada; The Canada Life Assurance Company; Canada’s leading life insurance company; Canadian Tire Bank; CUMIS Services Incorporated; Manulife (The Manufacturers Life Insurance Company); Life of the sun; and Valeyo.
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