Mr. Paul Reynolds reports
CANACCORD GENUITY GROUP INC. ANNOUNCES HEAD OF CANACCORD GENUITY WEALTH IN UNITED KINGDOM
David
Esfandi has joined Canaccord Genuity Group Inc. to become chief executive of Canaccord
Genuity Wealth in the United Kingdom, subject to the required
regulatory approvals. Stephen Massey will also be assuming the role of
chairman of the Canaccord Genuity Wealth board in the U.K. In addition,
the company announces Neil Darke's departure, effective immediately.
"We are pleased to welcome someone of David's high calibre to lead our
growth efforts. Under his leadership, we will continue our focus on
enhancing our position to be a prominent wealth management firm in both
the U.K. and the Channel Islands," commented Paul Reynolds, president and
chief executive officer of Canaccord Genuity Group. "We will continue to rely on
Stephen's wealth of experience in working with David to help propel
this business in the coming years," he added.
Mr. Esfandi joins Canaccord Genuity Wealth most recently from Ashcourt
Rowan, where he was a senior leader in the asset management business.
Prior to that, he was with Deutsche Bank for nine years in a variety of
roles and began his career at Goldman Sachs on the equities side. Mr.
Esfandi is a graduate of Oxford and Wharton School of Business and is
currently an executive with Dwyer Asset Management, a participant in the U.K. real estate market.
Mr. Massey, formerly principal and founder of Eden Financial, joined
Canaccord Genuity following the acquisition of Eden Financial's wealth
management business in October, 2012. He sits on the boards of the U.K.
Wealth entities.
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