The Investment Funds Institute of Canada says senior legal counsel Leslie Byberg has been appointed manager, investment funds, Ontario Securities Commission.

IFIC says Byberg’s duties will be fully assumed, in the short-term, by a re-allocation of responsibilities among the current regulatory staff, while IFIC senior management pursues a permanent solution.

IFIC says the executive advisory committee has also approved John Mountain’s request for a one-year leave of absence effective January 2003.

John Mountain’s position as VP, regulation, will be filled by IFIC’s current VP, corporate affairs and general counsel, John Murray.