Laura Reid, Chief Financial Officer at Imperial Capital Limited has died unexpectedly
The financial community has been rocked by the unexpected passing of Laura Reid, the Chief Financial Officer at Imperial Capital Limited. Reid, widely admired for her sharp financial acumen and transformative leadership, leaves behind an indelible legacy spanning more than two decades in the financial services industry.
A Career Marked by Excellence
Laura Reid’s career was a testament to her expertise and commitment. At Imperial Capital Limited, where she served as CFO since May 2021, she played a pivotal role in steering the company’s financial strategy and ensuring robust fiscal management. Her leadership was instrumental in driving growth and upholding the company’s reputation in an increasingly complex financial landscape.
Before joining Imperial Capital, Reid held the CFO position at Worldsource Wealth Management Inc. from April 2019 to May 2021. In these roles, she also oversaw financial operations for several affiliated organizations, including Worldsource Securities Inc., Worldsource Financial Management Inc., and IDC Worldsource Insurance Network Inc. Her strategic insights were also crucial for Guardian Capital Group’s Financial Advisory channels, where she contributed to managing over $23 billion in assets under administration.
Reid’s career foundation was solidified during her 12-plus years as a partner at KPMG. There, she specialized in the financial services audit practice, working across Canada and the Cayman Islands, and ensuring rigorous audits for asset managers, investment dealers, hedge funds, and mutual funds. Her expertise spanned multiple accounting frameworks including IFRS/ISA, U.S. GAAP/GAAS, and ASPE/CAS.
Educational and Professional Distinctions
Laura Reid’s academic background laid the groundwork for her stellar career. She earned her Bachelor of Commerce (Honours) from Queen’s University and further honed her leadership and international business skills at Universität St. Gallen. Her commitment to continuous learning was evident through her ongoing studies at the Canadian Securities Institute, where she undertook the Chief Financial Officer Qualifying Examination.
Commitment Beyond the Boardroom
In addition to her professional accomplishments, Reid was deeply committed to giving back to her community. She served in various leadership roles, including as Vice-Chair and Director on the Board of Directors for the Alternative Investment Management Association – Canada. Her dedication extended to charitable initiatives as well, with significant contributions to Hedge Funds Care – Help For Children, where she actively participated as a board member and gala co-chair.
A Lasting Legacy
Laura Reid’s sudden departure is a profound loss not only for Imperial Capital Limited and her former colleagues at KPMG and Worldsource, but also for the broader financial and charitable communities. Her trailblazing career, marked by innovation, strategic foresight, and unwavering integrity, has set a benchmark for financial leadership. Industry peers remember her as a visionary leader whose professional and personal contributions will continue to inspire future generations.
As the financial world mourns the loss of a respected leader, tributes are pouring in from across the industry. Colleagues and clients alike speak of Reid’s formidable intellect, her warm demeanor, and the profound impact she had on every organization she touched.
In Memoriam
Laura Reid’s unexpected passing leaves a void that will be deeply felt. While details surrounding her death remain private, her legacy is clear—a legacy of excellence, mentorship, and a relentless drive to innovate in the financial sector. As institutions and individuals alike pay tribute to her life and achievements, the impact of her work will undoubtedly endure for years to come.
Her contributions to both the corporate world and community initiatives serve as a lasting reminder of the difference one dedicated individual can make. The financial community joins together in honoring the memory of Laura Reid, a leader whose work and spirit will forever resonate.