Industrial Alliance and Financial Services Inc. has appointed a new group of directors to the boards of ClaringtonFunds Inc., Clarington Sector Fund Inc. and Clarington Canadian Resources Fund Inc.

These changes are the result of Industrial Alliance acquiring control of Clarington’s parent company, Clarington Corp. effective December 28.

Terence Stone and Adrian Brouwers, who are officers of the ClaringtonFunds, remain on the boards of directors.

Joining them are Normand Pépin, Yvon Côté and Michel Gauthier, each of Industrial Alliance, and André Dubuc, John Gill and Theresa Currie.

In addition, the new President of the Clarington Cos. is David Scandiffio, who is also the President of Industrial Alliance Fund Management Inc.