IBI Group Inc. announced the appointment of Michael Nobrega as its new Chair of the Board of Directors. Mr. Nobrega has been a Board Member with the firm for three years, and succeeds Dale Richmond, who retires from the Board effective January 22, 2021, and has served as Board Chair since 2014. The Company is currently undergoing a search to replace Mr. Nobrega’s now vacant Board Member position on its Board of Directors. In addition to his new role as Board Chair for IBI, Michael Nobrega also sits on the Board of Toronto Hydro. He formerly held titles as Chair of the Ontario Centre of Innovation (OCI), interim President and CEO of Waterfront Toronto, President and CEO of OMERS, and President and CEO of Borealis Infrastructure.