Canaccord Financial Inc. Appoints New Director
Dipesh Shah joins Board of
Canaccord Financial Inc.
TORONTO, Nov. 7, 2012 /PRNewswire/ - Canaccord Financial
Inc. (the "Company", TSX: CF, LSE: CF.) is pleased to announce that
the Directors of the Company have appointed Dipesh Shah, OBE, FRSA, as an additional
independent Director, effective today. Applicable corporate
law allows the Board to appoint up to two additional
directors. The board of Canaccord Financial Inc. is now
comprised of nine Directors, including six independent
Directors.
Mr. Shah is a non-executive director on the Boards of Thames
Water and the Kemble Water Group of companies, JKX Oil & Gas
Plc (where he is Senior Independent Director and Chairman of the
Remuneration Committee), The Crown Estate and the EU Marguerite
Fund (where he is Chairman of the Investment Committee). He is also
a Trustee of the British Youth Opera and a Governor of Merchant
Taylors' School.
Mr. Shah was formerly the Chief Executive of the UK Atomic
Energy Authority and of various large businesses in the BP Group,
where he was a member of the Group Leadership for more than a
decade. Mr. Shah was Chairman, inter alia, of Viridian Group plc,
HgCapital Renewable Power Partners LLP and the European
Photovoltaic Industry Association. In addition, he has been a
Director of several major organizations, including Babcock
International Group Plc and Lloyd's of London. He was also a member of the UK
Government's Renewable Energy Advisory Committee from 1994 to 2002.
Earlier, Mr. Shah was the Chief Economist for BP Oil UK.
Born in India, and brought up
in Uganda, Mr. Shah is a graduate
of the University of London, the
University of Warwick, and the
Harvard Business School management
program. He was appointed an Officer of the Order of the
British Empire (OBE) in the 2007 New Year Honours List, and is a
Life Fellow of the Royal Society of Arts.
ABOUT CANACCORD FINANCIAL INC.:
Through its principal subsidiaries, Canaccord Financial Inc. is
a leading independent, full-service financial services firm, with
operations in two principal segments of the securities industry:
wealth management and global capital markets. Since its
establishment in 1950, Canaccord has been driven by an unwavering
commitment to building lasting client relationships. We achieve
this by generating value for our individual, institutional and
corporate clients through comprehensive investment solutions,
brokerage services and investment banking services. Canaccord
has offices in 12 countries worldwide, including Wealth Management
offices located in Canada,
Australia, the UK and Europe. Canaccord Genuity, the
international capital markets division, operates in Canada, the US, the UK, France, Germany, Ireland, Italy, Hong
Kong, mainland China,
Singapore, Australia and Barbados.
Canaccord Financial Inc. is publicly traded under the symbol CF
on the TSX and the symbol CF. on the London Stock Exchange.
SOURCE Canaccord Financial Inc.
