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Directorate Change

26th Mar 2014 17:00

Canaccord Genuity Group Inc - Directorate Change

Canaccord Genuity Group Inc - Directorate Change

PR Newswire

London, March 26

Canaccord Genuity Group Inc. Announces Head of Canaccord Genuity Wealth inUnited Kingdom TORONTO, March 26, 2014 /CNW/ - Canaccord Genuity Group Inc. (the "Company")(TSX: CF, LSE: CF.) is pleased to announce that David Esfandi has joined theCompany to become Chief Executive of Canaccord Genuity Wealth in the UnitedKingdom, subject to the required regulatory approvals. Stephen Massey will alsobe assuming the role of Chairman of the Canaccord Genuity Wealth Board in theUK. In addition, the Company announces Neil Darke's departure, effectiveimmediately. "We are pleased to welcome someone of David's high caliber to lead our growthefforts. Under his leadership, we will continue our focus on enhancing ourposition to be a prominent wealth management firm in both the UK and theChannel Islands," commented Paul Reynolds, President and CEO of CanaccordGenuity Group Inc. "We will continue to rely on Stephen's wealth of experiencein working with David to help propel this business in the coming years," headded. 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 9 years in a variety of roles and began hiscareer at Goldman Sachs on the equities side. Mr. Esfandi is a graduate ofOxford and Wharton School of Business and is currently an executive with DwyerAsset Management, a well-known participant in the UK real estate market. Mr. Massey, formerly Principal and Founder of Eden Financial, joined CanaccordGenuity following the acquisition of Eden Financial's wealth managementbusiness in October 2012. He sits on the Boards of the UK Wealth entities. ABOUT CANACCORD GENUITY GROUP INC.: Through its principal subsidiaries, Canaccord Genuity Group Inc. (the"Company") is a leading independent, full-service financial services firm, withoperations in two principal segments of the securities industry: wealthmanagement and capital markets. Since its establishment in 1950, the Companyhas been driven by an unwavering commitment to building lasting clientrelationships. 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 in11 countries worldwide, including Wealth Management offices located in Canada,Australia, the UK and Europe. Canaccord Genuity, the international capitalmarkets division, operates in Canada, the US, the UK, France, Germany, Ireland,Hong Kong, mainland China, Singapore, Australia and Barbados. To us there areno foreign markets.TM Canaccord Genuity Group Inc. is publicly traded under the symbol CF on the TSXand the symbol CF. on the London Stock Exchange. SOURCE: Canaccord Genuity Group Inc. For further information: North America media:Scott DavidsonExecutive Vice President, Global Head of Corporate Development and StrategyPhone: 416-869-3875, email: [email protected] London media:Bobby Morse or Ben RomneyBuchanan (London)Phone: +44 (0) 207 466 5000, email: [email protected] Broker:Oliver HearseyRBC Europe LimitedPhone: +44 (0) 20 7653 4000, email: [email protected]

(CF CF.)


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