26th Mar 2014 17:17
LONDON (Alliance News) - Canaccord Genuity Group Inc said Wednesday that it has appointed David Esfandi as Chief Executive of Canaccord Genuity Wealth in the UK, subject to require regulatory approvals.
The financial services company also said that Stephen Massey will also be assuming the role of Chairman of the Canaccord Genuity Wealth UK board.
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.
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 UK Wealth entities.
Shares in Canaccord Genuity closed 2.3% higher at 445.00 pence Wednesday.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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