Canaccord Financial Inc. has named Philip Evershed as global head of investment banking at Canaccord Genuity.
In his new role, Evershed will be responsible for setting the strategic priorities for the company’s investment banking practice and integrating global operations to foster further cross border collaboration.
Evershed joined Canaccord Genuity as managing director and head of investment banking (Canada) in 2010, when the company acquired Genuity Capital Markets. At Genuity, he was co-founder and head of investment banking. Before co-founding Genuity, Evershed spent 14 years at CIBC World Markets, most recently as co-head of investment banking and head of mergers and acquisitions. Prior to joining CIBC, Evershed was chief of staff to the Deputy Prime Minister of Canada.
He has an MA (Economics) from the University of Toronto and a BA (School of Business and Economics) from Wilfrid Laurier University.
This appointment solidifies the exceptionally strong management team Canaccord (TSX:CF) has assembled. Earlier this month Canaccord appointed Alexis de Rosnay CEO of its UK and Europe operations and Peter O’Malley CEO of its Asia operations. In June, the company appointed Dan Daviau President of its U.S. operations. And in the past year, Matt Gaasenbeek was appointed oresident of the company’s Canadian capital markets operations.
Last week Canaccord announced plans to close 16 underperforming branches and 35 advisor teams from its Canadian wealth management division.