Canadian Underwriter
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Big Moves – Financial executive departs from Intact


May 9, 2019   by Canadian Underwriter staff


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Don Fox, who joined Intact Financial Corp. as executive vice president in 2017, departed the firm in May. He was responsible for overseeing the company’s investment management, corporate legal, corporate development, audit and finance functions.

Before joining Intact, Fox was vice chair of global investment banking at the Canadian Imperial Bank of Commerce. From 2000 until 2015, he led CIBC’s financial institutions investment banking group. During that time, he dealt with Intact on a regular basis.

Don Fox, former executive vice president, Intact Financial

Fox “has been a key individual in many of our important transactions over the years,” said Intact Financial CEO Charles Brindamour, referring to Intact’s IPO in 2004; the move in 2009 to become an independent Canadian P&C insurer; and the acquisitions of Allianz, AXA, Jevco, CDI and OneBeacon.

With Fox’s departure, the audit function will be overseen by Frederic Cotnoir, Intact Financial’s senior vice president, corporate and legal services and secretary. The other functions previously overseen by Fox will now report directly to Brindamour.


WHO: Don Fox

FORMER ROLE: Executive Vice President, Intact Financial Corp.

P&C EXPERIENCE: Two years with Intact; 29 years in the investment banking business.

PROFILE: Led CIBC’s financial institutions investment banking group from 2000 until 2015, and held investment banking roles at

Merrill Lynch, Midland Walwyn and Burns Fry.


 

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Yvonne Steiner, head of property, Zurich Canada


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Greg Knowles, chief underwriting officer and executive vice president, Totten Insurance Group


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Maurice Tulloch, CEO, Aviva