Fidelity Investments announced Friday that it has promoted Rob Strickland, executive vice president of adviser and alliance distribution in Canada for the past two years, to become president of Fidelity Investments Canada. He succeeds David Denison, who left Fidelity last month to become president and CEO of the Canada Pension Plan Investment Board.

"Rob Strickland has a proven track record as a sales and general manager who aligns a company's strategic direction based on meeting the needs of its customers," said Fidelity Vice Chairman and Chief Operating Officer Robert Reynolds in a statement. "There is great opportunity for Fidelity in Canada, and we are delighted that Rob will be leading the charge as we grow our business in this marketplace."

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