DundeeWealth Inc.

DundeeWealth Inc.

May 12, 2005 13:36 ET

Dundee Wealth Management Announces Robert L. McLeish as Chairman of the Board of Directors

TORONTO, ONTARIO--(CCNMatthews - May 12, 2005) - Dundee Wealth Management Inc. (TSX:DW) announced today that its board of directors has appointed former lead director Robert L. McLeish as non-executive Chairman of the Board. Ned Goodman remains President and Chief Executive Officer. Mr. McLeish has been a director of the Corporation since 1999, has been lead director since 2003 and is Chairman of the Compensation Committee and a member of the Audit Committee. Mr. McLeish has over 34 years of experience in the investment business, including Vice Chairman of Merrill Lynch Canada and its predecessor company, and is a Chartered Financial Analyst. "I am very pleased that Robert has agreed to accept this position as the independent Chairman of the Corporation. Mr. McLeish's experience in the wealth management and investment business will continue to be a great asset to our company" stated Mr. Goodman.

Dundee Wealth is a Canadian owned, TSX listed wealth management company that provides investment management, securities brokerage, financial planning and investment advisory services to individuals, financial advisors, institutions, corporations and foundations. Dundee Wealth oversees $41.6 billion in assets under management and administration and 2,065 independent financial advisors and 500 insurance agents located in 677 branches across Canada.

Contact Information

  • Ned Goodman
    President & Chief Executive Officer
    Dundee Wealth Management Inc.
    (416) 365-5665
    Joanne Ferstman
    Executive Vice President and
    Chief Financial Officer
    Dundee Wealth Management Inc.
    (416) 365-5010