TORONTO, Jan. 15, 2014 /PRNewswire/ - Canaccord Genuity Group Inc. (the "Company", TSX: CF, LSE: CF.) is pleased to announce that Stuart Raftus will be joining the Company as President of Canaccord Genuity Wealth Management in Canada, effective immediately. In addition, the Company announces John Rothwell's departure, effective immediately.
Commenting on Mr. Raftus' appointment, Paul Reynolds, President and CEO of Canaccord Genuity Group Inc. said: "Stuart's significant track record of execution, strong industry background and deep understanding of our business make him very well suited to lead this division. Under his leadership, we will maintain our focus on enhancing the operational efficiency of the business, reinvigorate our recruitment efforts and continue to provide our clients with exceptional service levels."
Mr. Raftus has over 28 years of experience in the securities industry, having served most recently as President and Chief Operating Officer at Beacon Securities Limited. Throughout his career, he has held several executive positions including, but not limited to, President and Chief Executive Officer at Seamark Asset Management, President and Chief Operating Officer at Blackmont Capital and, Managing Director, Head of Wealth Management for CIBC Oppenheimer's US distribution business.
Commenting on his appointment, Stuart Raftus said: "Canaccord Genuity is a uniquely global firm with a value proposition that appeals to both Investment Professionals and to clients. This is an exciting opportunity and I look forward to working with this high-calibre team, and to contributing to the business' future growth."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.