Full Story:
EGI Financial Appoints Mary G. Connolly to Board of Directors
TORONTO, March 17 2006 - EGI Financial Holdings Inc. (TSX: EFH) today announced that Mary G. Connolly has been appointed to the Boards of Directors of EGI and its subsidiary, Echelon General Insurance Company.
Ms Connolly was most recently Managing Director of the Toronto office of the law firm Fraser Milner Casgrain, LLP (FMC). In her role with FMC, she was responsible for directing operations of the Toronto practice, including the planning and implementation of growth strategies, ensuring excellence in client service levels and facilitating a process of continuous improvement. Prior to joining FMC, Ms Connolly operated her own management consulting firm and also served with Ernst & Young, both in a management consulting and professional accountancy capacity.
"The appointment of Mary Connolly to the boards of EGI Financial and Echelon is an important step in positioning the company for continued success," said Paul F. Little, Chairman of EGI Financial. "Her extensive experience helping companies manage growth will be particularly valuable to our company as we continue to take advantage of market opportunities to expand the scope of our operations."
About EGI Financial Holdings Inc.
Founded in 1997, EGI Financial operates in the property and casualty insurance industry in Canada, primarily focusing on non-standard automobile insurance and other niche and specialty general insurance products.
Forward-looking Statements
This news release contains forward-looking statements based on current expectations. These forward-looking statements entail various risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. EGI Financial assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. Risks and uncertainties about EGI Financial's business are more fully discussed in its disclosure materials, including its prospectus, filed with the securities regulatory authorities in Canada, available at www.sedar.com.
-30-
For further information:
Douglas E. McIntyre
Chief Executive Officer
EGI Financial Holdings Inc.
(905) 565-7960
| 
