People Moves

Senior Moves Within Canaccord Genuity's Leadership Team

Eliane Chavagnon Editor - Family Wealth Report October 2, 2015

Senior Moves Within Canaccord Genuity's Leadership Team

The financial services firm - with primary operations in wealth management and capital markets - has made five senior appointments.

Canaccord Genuity Group has made a handful of appointments within its global leadership team.

The executives will join the global operating committee and will report to Dan Daviau, whose appointment to president and chief executive of the firm became effective yesterday (as reported here.)

Pat Burke joins as president of capital markets and was most recently global head of equity and co-head of global investment banking at Scotiabank. Before Scotiabank, Burke was managing director and head of Canadian equities at Merrill Lynch. Between 1990 and 2000, he worked in institutional equity and fixed income at Bank of Montreal.

Additionally, Stuart Raftus has been appointed as chief administrative officer, responsible for global operations, information technology, human resources and marketing. Raftus recently realigned the firm's Canadian wealth management operations and significantly reduced fixed costs, Canaccord said. He will continue to serve as president of Canaccord Genuity Wealth Management in Canada, a role he has held since 2014.

Meanwhile, Brad Kotush – who joined the firm in 1998 – will continue as executive vice president and chief financial officer, and will take on the additional role of chief risk officer. 

Jeff Barlow has been promoted to president of Canaccord Genuity in the US. Barlow joined Canaccord in 2007 and expanded the firm's life sciences practice, before becoming head of US investment banking in 2011. 

Lastly, Mark Whaling has been appointed as global head of sales and trading - a role which builds on his experience as head of global equity sales and trading (since 2012). Whaling will continue to manage Canaccord Genuity's global institutional sales and trading operations with additional oversight of fixed income and all other non-equity sales and trading operations.

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