More and Better Communication is Fundamental to Karen Adams Being Named One of Canada’s Most Powerful Women

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TORONTO (November 23, 2017) Today, Karen Adams, President and CEO of Fundserv Inc., joins a prestigious list of iconic female leaders and visionaries after being named one of Canada’s Top 100 Most Powerful Women by the Women’s Executive Network. Adams will be honoured at a gala celebration on November 23, 2017.

Adams brings an international, multi-industry perspective to Fundserv. Her career has spanned several continents, with senior positions in Mumbai, Shanghai, Hong Kong, Beijing, Seoul, Dubai, London, and Amman. This includes leading HSBC’s business in Jordan and Palestine.

“We are thrilled to celebrate this honour for our new CEO and to support the promotion of women leaders,” said Katherine MacMillan, Chair, Fundserv Board of Directors. “Fundserv is in very capable hands and is ready to embrace a bright future.”

After joining Fundserv just five months ago, Adams has quickly become an integral member of Fundserv’s executive team. Her ability to develop high-powered teams through employee engagement and communication has been critical as Fundserv seeks to further align its strategic direction with the needs of its members and the industry.

“Karen is an extremely accomplished communicator and we are thrilled to have her leading Fundserv,” said Brad Badeau, Founding Chairman, Fundserv. “Congratulations Karen!”

“Karen is all about opening the doors and windows when it comes to communications – that’s the secret to her success as a leader,” said Don MacPherson, Partner, Deloitte Canada.

Before joining Fundserv, Adams served as President and CEO of Alberta Pension Services (APS), where she led the organization through a multi-year, $60 million, major technology and business improvement project.

Founded in 2003, the Top 100 Awards honour the vision, drive, and success of Canada’s leading female executives, as well as their organizations and networks. They celebrate the incredible women who are the vanguards for change; overcoming obstacles, encouraging diversity, and challenging the next generation to continue the conversation.

Previous recipients of this honour include best-selling author, Margaret Atwood; CEO Arlene Dickinson; and former Governor General of Canada, Michaëlle Jean. The full list of WXN’s 2017 Canada’s Most Powerful Women: Top 100 Award Winners can be found at