Horizons ETFs Management (Canada) announced on June 25 that its President and CEO, Steve Hawkins, has been appointed as the new board chair of the Canadian ETF Association (CETFA).
Hawkins replaces Kevin Gopaul, Global Head of ETFs at BMO Global Asset Management, who has completed his two-year term as chair.
CETFA represents exchange traded fund providers and ETF industry professionals. Established in 2011, CETFA's membership includes 20 ETF providers among its 46 members. Horizons ETFs is a founding member of the organization.
Outselling mutual funds
"Within the last few years, Canada's ETF industry has experienced tremendous growth," said Hawkins. "I thank Kevin Gopaul for his service to CETFA, where his leadership has seen the ETF industry achieve a number of exciting milestones, from outselling mutual funds last year for the first time in a decade, to an increasing number of entrants bringing new ETFs to market. It's an exciting time to be in this business. I am thrilled to be able to build on that momentum as the incoming Board Chair."
"Having worked alongside Steve Hawkins since CETFA began, I'm confident that his leadership, global profile and vision for the ETF industry will further propel ETF awareness and uptake," said Pat Dunwoody, President of CETFA. "Innovation is at the heart of the ETF revolution and I know that is a principle that similarly drives Steve Hawkins."