AGF Funds Inc. has appointed Randy Ambrosie to the position of senior vice president, sales and marketing. He will be responsible for driving growth in all distribution channels.

The newly created role that consolidates the sales and marketing functions at AGF under one group.

“Randy has a proven track record in the financial services industry for leading teams to outstanding results. This will be critical as we build on AGF’s broad distribution platform and apply critical focus to our sales relationships,” said Blake Goldring, president and CEO, AGF Management Ltd., in a news release. “Under his leadership, AGF’s goal is to become the top choice among investment advisors for our full line of investment management products and services.”

Ambrosie comes to AGF from HSBC Securities where he was North American sales director with responsibility for its brokerage sales force in the U.S. and Canada.

He began his career at Nesbitt Thomson and then joined Midland Walwyn, where he rose through the ranks to become regional manager for Ontario.

After the acquisition of Midland Walwyn by Merrill Lynch in 1999, he assumed responsibility for key regional management roles, for Western Canada and Ontario. When Merrill Lynch was acquired by CIBC Wood Gundy, Ambrosie was appointed managing director for the Western region.