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or Name
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CA



Canaccord Genuity Group Inc
Symbol CF
Shares Issued 101,336,730
Close 2014-03-25 C$ 8.36
Market Cap C$ 847,175,063
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Canaccord Genuity appoints Esfandi as U.K. Wealth head

2014-03-26 13:05 ET - News Release

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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