A Bay Street sign is seen in the financial district in Toronto in this file photo.Mark Blinch/The Globe and Mail
BlackRock Canada's head of sales is set to leave at month-end.
Elisabeth Prefontaine, head of wealth sales, says she will be leaving the company as of Aug. 21 due to "a change in the Canadian operation's business model."
A replacement has not been confirmed at this time, says BlackRock.
Ms. Prefontaine joined BlackRock in 2011 and was responsible for both the advisory channel sales and national accounts for iShares ETF products. She has more than 20 years of experience in the financial services industry – including roles at both Horizons ETFs Management (Canada) Inc. and Man Investments.
Ms. Prefontaine will be leaving the ETF industry and is looking at several fintech opportunities that involve blockchain and cryptocurrencies.
BlackRock iShares is Canada's largest exchange traded funds provider with $55-billion in assets under management and 117 ETFs.
Clare O’Hara