Brokerage lassoes capital markets veteran

Brokerage lassoes capital markets veteran

Brokerage lassoes capital markets veteran Canaccord Genuity Group announced Thursday that it’s made a number of executive moves that strengthens its management team, none more important than the appointment of veteran investment banker Pat Burke to head up its capital markets division.

"I am particularly pleased to welcome Pat Burke to the firm," said Dan Daviau, President and CEO of Canaccord Genuity Group Inc. "He brings significant global capital markets expertise to his role, along with a proven track record of building strong teams."

Burke joins the firm as President of the capital markets division of Canaccord Genuity Corp. (Canada) and brings more than 25 years of experience and extensive institutional relationships to his role.

Prior to joining Canaccord Burke served as Global Head of Equity and Co-Head of Global Investment Banking for Scotiabank. In that role, Pat was responsible for oversight of equity sales, trading, research, prime brokerage, equity capital markets, equity derivatives and investment banking.

Before Scotiabank, Pat was Managing Director and Head of Canadian Equities for Merrill Lynch, having held various roles of increasing responsibility since 2000. From 1990 to 2000, Pat worked in institutional equity and fixed income for Bank of Montreal.

In addition to the hiring of Burke, Canaccord made several other executive appointments that strengthen its global team.

"Today's appointments reflect our commitment to improving the global alignment and operating efficiency of our business," said Daviau. "I am confident this will enable us to better serve our clients and our shareholders."