Investors Scrutinizing the Regulators

Home Page


Securities Regulation In CanadA

Fox Guarding the Hen House



Investors' manager resigns


Norman Gidney
October 24, 1998

Ian Thow, manager of Investors Group downtown Victoria office at 737 Yates St., has suddenly resigned after 12 years with the investment firm. The move on Thursday surprised Victoria's investment community, and nobody at the local office would comment.

Spokesman Liz Prall at Investors head office in Winnipeg would only confirm he was gone and wouldn't discuss why. "He resigned from the company and the reason for his resignation is between Mr. Thow and the company," she said.

"It was my decision and I resigned for personal reasons. It's a good thing for me and I'm excited about it," said Thow. He said he'll announce next week he's moving to another investment firm.

Under Thow's leadership -- he became Victoria manager in 1993 at just 33 years old -- Investors Group was a major player in community events and charitable fundraisers. Thow himself organized half a dozen annual dinners for the homeless, and early this year helped raise $100,000 to buy a police boat for Victoria.

He is president of the Victoria branch of CrimeStoppers, and last month helped land bringing the 2000 convention of Crimestoppers International for Victoria. In the meantime, Investors' B.C. vice- president Richard Hobbs has been moved over from Vancouver to run the Victoria operation.



Ian Thow takes flight