VANCOUVER, Oct. 6 /CNW/ - Canaccord Capital Inc. ("CCI" or the "Company")
is pleased to announce the appointment of Kenneth R. Knowles as Head of Fixed
Income. Effective immediately, Ken will be responsible for leading Canaccord
Capital Corporation's Fixed Income operations. Ken is taking over the group
from Bill Whalen, who is retiring. Additionally, Ken will be joined by Robert
Lee, who joins the team as Managing Director and Head of Fixed Income Sales.
Ken and Robert each have over 30 years of financial services experience, most
recently with JP Morgan Chase.
"The addition of Ken and Robert is a crucial step in the enhancement of
our fixed income capabilities," said Paul Reynolds, President and Chief
Executive Officer of Canaccord Capital Inc. "Canaccord is committed to
building a world-class team that can maximize the value of our global
platform. I welcome Ken and Rob as like-minded partners and believe their
professionalism, experience and energy will have a huge impact on the growth
of this important business. I would also like to thank Bill Whalen for his
contribution to Canaccord, and to congratulate him on his retirement."
Previously, Ken played a key role at JP Morgan Chase, serving as Managing
Director, Fixed Income and Head of the Canadian Fixed Income operations. He
began his career in 1979 in fixed income trading and sales with RBC Capital
Markets, working with Canadian and US clients. Ken holds a Bachelor of
Business Administration from Bishop's University, Quebec, and has served as a
past chair of the ICA Capital Markets Committee. He has an outstanding record
of team leadership, revenue generation, risk management and product innovation
that will be critical to our future growth.
Commencing on November 1, 2008, Robert joins Canaccord Capital
Corporation from JP Morgan Chase where he has played key roles since 1992,
ultimately serving as Head of Sales and Syndication. He has lived in London
(UK), Toronto and Vancouver, and graduated from the British Columbia Institute
of Technology in Burnaby. His rich experience in sales, syndication and
treasury funding brings valuable perspective and skill to the team.
ABOUT CANACCORD CAPITAL INC.:
Through its principal subsidiaries, Canaccord Capital Inc. (TSX & AIM:
CCI) is a leading independent, full-service investment dealer in Canada with
capital markets operations in the United Kingdom and the United States.
Canaccord is publicly traded on both the Toronto Stock Exchange and AIM, a
market operated by the London Stock Exchange. Canaccord has operations in two
of the principal segments of the securities industry: capital markets and
private client services. Together, these operations offer a wide range of
complementary investment products, brokerage services and investment banking
services to Canaccord's private, institutional and corporate clients.
Canaccord has approximately 1,698 employees worldwide in 30 offices, including
23 Private Client Services offices located across Canada. Canaccord Adams, the
international capital markets division, has operations in Toronto, London,
Boston, Vancouver, New York, Calgary, Montreal, San Francisco, Houston, and
For further information:
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