IGM Financial Inc. announced senior leadership changes that will provide business and strategic continuity while further positioning the company for future growth. Jeff Carney is retiring as President of IGM Financial for health reasons. James O'Sullivan, formerly Group Head for Canadian Banking at Scotiabank, has been appointed as President of IGM Financial. Mr. O'Sullivan is a seasoned financial executive who has held senior leadership roles in wealth and asset management, investment banking, mergers and acquisitions, and finance over the course of his career. He joins following a 30-year career at Scotiabank, where he most recently was responsible for the bank's Canadian retail and commercial banking and global wealth and asset management activities. Mr. Carney will continue to serve in an advisory capacity to the IGM companies. As part of these changes, James O'Sullivan replaces Jeff Carney as a director of IGM Financial.