REG - Canadian General Inv - Announces Additional Independent Directors

Canadian General InvestmentsAnnouncement

15/11/2023 15:45

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RNS Number : 5975T  Canadian General Investments Ld  15 November 2023

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

 

TSX: CGI

LONDON STOCK EXCHANGE:  CGI

 

NOVEMBER 15, 2023

 

Canadian General Investments, Limited Announces Additional Independent
Directors

 

The Board of Directors of Canadian General Investments, Limited (TSX:CGI)
(LSE:CGI) is pleased to announce the appointment of Sanjay Nakra as an
independent director to the Board.  Mr. Nakra joins independent director
Michael Walke, who was elected to the Board at the Corporation's Annual
General Meeting in April, as the two newest Directors.

 

Mr. Walke has an extensive background as an accounting and auditing
professional. He presently serves as the CEO of the Canadian Centre for Audit
Quality (CCAQ), an independent, non-profit corporation established in 2021
dedicated to advancing confidence in Canada's public accounting and auditing
profession.  Prior to joining CCAQ, Mr. Walke's career spanned more than 35
years at PricewaterhouseCoopers LLP in a series of leadership roles.

 

Mr. Nakra's background includes nearly three decades of international
leadership roles in corporate finance, and he presently serves on the boards
of directors of Algoma Steel Inc. and of Nuralogix Corporation.  Mr. Nakra
held progressively senior roles at TD Securities from 2006-2021, most recently
as Managing Director and Co-Group Head, Diversified Industries, Investment
Banking.  He is Co-Chair of the University Health Network Annual Gala: Diwali
- A Night to Shine and, as part of Soulpepper Theatre Company's Board of
Directors, serves as Chair of the Nominating and Governance Committee and
Co-Chair of Women Centre Stage.

 

Established in 1930 and listed in Toronto and London, Canadian General
Investments is a closed-end equity fund focussed on medium- to long-term
investments in primarily Canadian corporations.  Its objective is to provide
better than average returns to investors through prudent security selection,
timely recognition of capital gains/losses and appropriate income-generating
instruments.

 

FOR FURTHER INFORMATION PLEASE CONTACT:

Jonathan A. Morgan

President & CEO

Phone: (416) 366-2931

Fax: (416) 366-2729

 

e-mail: cgifund@mmainvestments.com (mailto:cgifund@mmainvestments.com)

website: www.canadiangeneralinvestments.ca
(http://www.canadiangeneralinvestments.ca/)

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