Company News

Anatol von Hahn has joined Smart Money while Salim Manji of Barney River Investments is now a minority shareholder and advisor

By Fiona Collie |

Retired Bank of Nova Scotia executive Anatol von Hahn has joined the advisory board of Toronto-based robo-advisor Smart Money Capital Management Inc.

Von Hahn, the former group head of Canadian banking with Scotiabank, retired from his role at the bank in June 2015. The financial services sector veteran is now a minority shareholder and advisor to Smart Money.

"[Von Hahn] has a lot of experience in helping grow a large organization and his banking experience [is] endless," says Nauvzer Babul, CEO and founder of Smart Money, who adds that von Hahn is "a good sounding board for me as we look to grow the business."

Von Hahn's experience will also be valuable to Smart Money as the robo-advice industry in Canada evolves over time beyond basic automated asset-allocation to a broader range of financial service offerings, Babul says.

In addition to von Hahn, Salim Manji, president and CEO of Toronto-based Barney River Investments Ltd., has also joined Smart Money as a minority shareholder and advisor.

"[Manji is] from a family that has a lifetime of experience starting businesses and managing them from the early days … to very successful publicly traded companies," Babul says. "So, as we look to grow, it'll be priceless to have him and his family's experience in helping us steer this company."