Yvon Charest - IA Financial President CEO, Director

IAG Stock  CAD 83.86  0.22  0.26%   

CEO

Mr. Yvon Charest is no longer President, Chief Executive Officer, Director of Industrial Alliance Insurance and Financial Services Inc effective Sept. 1, 2018. From 1996 to 1999, Mr. Charest was Executive VicePresident and Chief Operating Officer and was appointed to the position of President and Chief Operating Officer in the spring of 1999. Mr. Charest began his career at iA Financial Group after completing his studies in actuarial sciences at Universit Laval. He held numerous positions in the actuarial, administration, and marketing sectors before becoming Chief Actuary from 1992 to 1996. Mr. Charest is a director of the principal subsidiaries of iA Financial Group such as, IA Clarington Investments Inc., Industrial Alliance Auto and Home Insurance Inc. and IA American Life Insurance Company. Mr. Charest is also a director of the Canadian Life and Health Insurance Association .
Age 59
Address 1080 Grande Allée West, Quebec City, QC, Canada, G1K 7M3
Phone418-684-5000
Webhttps://ia.ca

IA Financial Management Efficiency

As of the 25th of April 2024, Return On Tangible Assets is likely to grow to 0.01. Also, Return On Capital Employed is likely to grow to 0.01. At this time, IA Financial's Fixed Asset Turnover is very stable compared to the past year. As of the 25th of April 2024, Return On Assets is likely to grow to 0.01, while Non Current Assets Total are likely to drop about 23.1 B. IA Financial's management efficiency ratios could be used to measure how well IA Financial manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 2.07 B in total debt with debt to equity ratio (D/E) of 0.23, which may suggest the company is not taking enough advantage from borrowing. iA Financial has a current ratio of 5.7, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist IA Financial until it has trouble settling it off, either with new capital or with free cash flow. So, IA Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like iA Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for IAG to invest in growth at high rates of return. When we think about IA Financial's use of debt, we should always consider it together with cash and equity.

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iA Financial Corporation Inc., through its subsidiary, Industrial Alliance Insurance and Financial Services Inc., provides various life and health insurance products in Canada and the United States. The company was founded in 1892 and is headquartered in Qubec, Canada. IA FINANCIAL operates under InsuranceDiversified classification in Canada and is traded on Toronto Stock Exchange. It employs 7000 people. iA Financial (IAG) is traded on Toronto Exchange in Canada and employs 50 people. IA Financial is listed under Multi-line Insurance category by Fama And French industry classification.

Management Performance

iA Financial Leadership Team

Elected by the shareholders, the IA Financial's board of directors comprises two types of representatives: IA Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of IAG. The board's role is to monitor IA Financial's management team and ensure that shareholders' interests are well served. IA Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, IA Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
BBA CFA, Ex Officer
Danielle Morin, Independent Director
Pierre Miron, Executive Vice President - Information Technology
Jocelyne Bourgon, Director
L Gadbois, Independent Director
Francis McGuire, Independent Director
Denis Ricard, Senior Vice President - Business Development
Bruno Michaud, Senior Vice President - Administration and Sales
Gary Coles, Senior Insurance
Renee Laflamme, Executive Vice President Individual Insurance, Savings and Retirement
Robert Coallier, Independent Director
CLU CFP, Savings Insurance
Jacques Parent, Senior Vice President - Group Insurance
Rene Chabot, Senior Vice President Chief Actuary
Alain MSc, Executive Officer
Alain Bergeron, Executive Vice President and Chief Investment Officer
Claude Lamoureux, Independent Director
Normand Pepin, Executive Vice President - Life Subsidiaries & Individual Insurance and Annuities
Lilia Sham, Executive Vice President of Corporate Development
BSc FSA, Pres CEO
Alnoor Jiwani, Senior Services
Sean OBrien, Senior Vice President - Dealer Services and Special Risks
Emma Griffin, Independent Director
BS CFA, Ex Officer
Guy Daneau, Senior Vice President - Information Systems
Michael Stickney, Executive Vice President and Chief Growth Officer
James Pantelidis, Independent Director
Pierre Picard, Manager Relations
Ginette Maillee, Independent Director
Douglas Carrothers, Vice President - Legal Services
MarieAnnick Bonneau, Head Relations
Clement Gignac, Senior Vice President and Chief Economist
John LeBoutillier, Non-Executive Independent Chairman of the Board
Carl Mustos, Executive Vice President - Wealth Management
Yvon Charest, President CEO, Director
Michael Hanley, Director
Jacques Potvin, Chief Financial Officer, Executive Vice President, Chief Actuary
Nicolas DarveauGarneau, Independent Director
Monique Mercier, Independent Director
Mary Ritchie, Independent Director
Benoit Daignault, Independent Director
Michel Tremblay, Executive Vice President Chief Investment Officer
Jacques Martin, Independent Chairman of the Board
Normand Gervais, Vice President
JeanFrancois Boulet, Senior Vice President - Human Resources and Communications
Louis Tetu, Independent Director
Pierre Brodeur, Independent Director
Denyse Chicoyne, Director
Agathe Cote, Independent Director
Marc Poulin, Independent Director

IAG Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is IA Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards IA Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, IA Financial's short interest history, or implied volatility extrapolated from IA Financial options trading.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iA Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the iA Financial information on this page should be used as a complementary analysis to other IA Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running IA Financial's price analysis, check to measure IA Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IA Financial is operating at the current time. Most of IA Financial's value examination focuses on studying past and present price action to predict the probability of IA Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IA Financial's price. Additionally, you may evaluate how the addition of IA Financial to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between IA Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if IA Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IA Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.