The Globe and Mail reports in its Friday edition that Canaccord Genuity Group is losing two senior
investment bankers.
The Globe's Niall McGee writes that Ali Pejman, a mining banker
and part of Canaccord's executive
group, has tendered his resignation.
Friday will be his last day
at the independent brokerage.
Capital market president Pat Burke says: "Ali played a significant role in
the growth of our [public venture
capital] business and made
many contributions to our
investment banking business. We thank him for his efforts
and dedication, not to mention
the flair, passion and style he
brought to work every day."
Mr. Pejman, who was based in
Vancouver, had been with Canaccord
since 2000.
Last week, Canaccord also parted
ways with Toronto-based
mergers and acquisitions banker
Rob Fedrock. Mr. Fedrock came to
the brokerage with the 2010
acquisition of Genuity Capital
Markets.
The departures are
the latest in a series of high-profile
exits in recent months.
Jens Mayer, co-head of investment
banking, Andrew Jappy,
head of information technology,
Peter Virvilis, treasurer, and Scott
Davidson, global head of corporate
development, have all departed
since the beginning of the
year.
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