Kalpana Desai nominated as Director for election at upcoming annual
general meeting
TORONTO, June 24, 2014 /CNW/ - Canaccord Genuity Group Inc. (the
"Company") (TSX: CF, LSE: CF.) announces that the Board of Directors of
the Company has nominated Kalpana Desai for election as an independent
Director at the upcoming annual general meeting (AGM), to be held in
Toronto on August 6, 2014. Ms. Desai's appointment will expand the
Board of Directors to nine directors, seven of whom are independent.
"With more than two decades of global investment banking experience,
Kalpana will add a valuable perspective to our Board of Directors,"
said Paul Reynolds, President and CEO of Canaccord Genuity Group. "We
look forward to the benefit of her judgment and counsel related to our
strategic priorities, which include improving our position in the
Asia-Pacific region as a leading investment bank focused on the
mid-market."
Ms. Desai has over 22 years of international investment banking
experience. She was Head of Macquarie Capital Asia, the investment
banking division of Macquarie Group from 2010 to 2013, having joined
that firm in 2009. From 2002 to 2009 she was Head of the Asia-Pacific
Mergers & Acquisitions Group and a Managing Director in the Investment
Banking Division of Merrill Lynch (now called Bank of America Merrill
Lynch) based in Hong Kong, having joined that firm in 1998. Earlier,
Ms. Desai had worked at Barclays de Zoete Wedd in London and Hong Kong
and J. Henry Schroder Wagg and Coopers & Lybrand Consulting in London.
Ms. Desai was a member of the Takeovers and Mergers Panel of the
Securities and Futures Commission in Hong Kong from 2007 to 2014.
Born in Kenya and educated in the United Kingdom, Ms. Desai has lived in
Hong Kong since 1997. She has a B.Sc. with Honours from the University
of London (London School of Economics and Political Science) and
trained as a Chartered Accountant (ACA) with Coopers & Lybrand (now
PricewaterhouseCoopers) in London.
Ms. Desai is not currently serving as a director of any other public
companies.
ABOUT CANACCORD GENUITY GROUP INC.:
Through its principal subsidiaries, Canaccord Genuity Group Inc. (the
"Company") is a leading independent, full-service financial services
firm, with operations in two principal segments of the securities
industry: wealth management and capital markets. Since its
establishment in 1950, the Company has been driven by an unwavering
commitment to building lasting client relationships. We achieve this by
generating value for our individual, institutional and corporate
clients through comprehensive investment solutions, brokerage services
and investment banking services. The Company has offices in 11
countries worldwide, including Wealth Management offices located in
Canada, Australia, the UK and Europe. Canaccord Genuity, the
international capital markets division, operates in Canada, the US, the
UK, France, Germany, Ireland, Hong Kong, mainland China, Singapore,
Australia and Barbados. To us there are no foreign markets.TM
Canaccord Genuity Group Inc. is publicly traded under the symbol CF on
the TSX and the symbol CF. on the London Stock Exchange.
SOURCE Canaccord Genuity Group Inc.
<p> </p> <p> <b>North America media:</b><br/> Scott Davidson<br/> Executive Vice President, Global Head of Corporate Development and Strategy<br/> Phone: 416-869-3875, email: <a href="mailto:scott.davidson@canaccord.com">scott.davidson@canaccord.com</a> </p> <p> <b>For investor relations inquiries contact:</b><br/> Christina Marinoff<br/> Vice President, Investor Relations & Communications<br/> Phone: 416-687-5507, email: <a href="mailto:christina.marinoff@canaccord.com">christina.marinoff@canaccord.com</a> </p> <p> <b>London media:</b><br/> Robert Morgan or Nicola Ratchford<br/> Stockwell<br/> Phone: +44 (0) 20 7240 2486, email: <a href="mailto:robert.morgan@stockwellgroup.com">robert.morgan@stockwellgroup.com</a>;<br/> <a href="mailto:nicola.ratchford@stockwellgroup.com">nicola.ratchford@stockwellgroup.com</a> </p> <p> <b>Broker:</b><br/> Oliver Hearsey<br/> RBC Europe Limited<br/> Phone: +44 (0) 20 7653 4000, email: <a href="mailto:oliver.hearsey@rbccm.com">oliver.hearsey@rbccm.com</a> </p>