Industry moves: BlackRock Canada head Marcia Moffat to step down in 2026

Each week, we summarize notable moves across the financial industry.

• Marcia Moffat, country head of BlackRock Canada since 2015, will step down next year and remain a senior adviser during the transition. Under her leadership, BlackRock launched the RBC iShares alliance in 2019, making it the country’s top provider of exchange-traded funds with 27% market share as of July 31. Moffat previously served as head of home equity financing at RBC and was a board member at Manulife Bank of Canada.
• Dario Morrone has joined CIBC Global Asset Management as vice-president, institutional business development. Reporting to Carlo DiLalla, Morrone will lead sales and business development across Quebec and eastern Canada, focusing on institutional investors, consultants and stakeholders, including pension plans, foundations, insurers and family offices. He was most recently principal and senior investment consultant at Mercer, advising on asset allocation, de-risking and portfolio structure.
• June Chua has been appointed head of Asian equities at Manulife Investment Management, effective Aug. 4, 2025. Based in Hong Kong, Chua will lead one of the region’s largest equity teams — more than 90 investment professionals across 10 markets — and oversee investment processes in Indonesia, Malaysia, the Philippines, Singapore, Taiwan and Vietnam. She will also serve as head of Asian equity research.
• Amish Lakhani has been named vice-president, enterprise strategy, planning and analysis at IGM Financial Inc. Lakhani, a CPA and CA, was previously vice-president, wealth and asset management finance. He has more than 15 years of experience in financial leadership roles.
• Kenrick Hancox, former CEO of the New Brunswick Financial and Consumer Services Commission, and Pam McDonald, director of communications and education at the British Columbia Securities Commission, have been appointed to the inaugural board of the NASAA Investor Protection and Education Foundation. The nine-member board will guide the foundation’s mission to promote investor protection and education across North America.

If you know of other people moves in the financial industry and/or would like us to consider your announcement, email Alisha Hiyate at alisha.h@newcom.ca.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.