The Board of the World Alliance of International Financial Centers (WAIFC) has unanimously elected Jennifer Reynolds, President & CEO of Toronto Finance International (TFI), as the new chair, following the end of the term of the association’s first chairman, Arnaud de Bresson, CEO of Paris Europlace.

By electing a board member from North America, the Board also emphasized WAIFC's commitment to geographical diversity, after the first chair represented a European financial center. Jennifer Reynolds takes over in challenging times and with a strong focus on the role of financial centers' in the economic recovery from the pandemic, guiding the financial industry into a sustainable future.