National Bank Financial appoints Gerry Throop to head Global Institutional Equities
Montreal, 8 May 2007 -
National Bank Financial announced today that it has appointed Gerald C. Throop as Executive Vice President and Managing Director, Global Institutional Equities. Mr. Throop will be responsible for the equity sales and trading activities in Toronto, Montreal, Vancouver, Boston, New York, London and Geneva.
Mr. Throop brings a wealth of experience in the Canadian capital markets, having served in senior management for some of Canada’s largest investment dealers. Before joining National Bank Financial, he was President of Blackmont Capital Inc., the securities dealer subsidiary of Rockwater Capital Corporation. Prior to Blackmont, Mr. Throop held a number of senior positions in the investment dealer industry, including six years as EVP and Head of Equities for Merrill Lynch Canada and its predecessor Midland Walwyn, as well as three years as Partner with Gordon Capital. In his various roles, he has worked in and managed all aspects of the capital markets business, including sales and trading, research, equity capital markets and investment banking.
“Gerry is a tremendous addition to National Bank Financial. He is widely recognized as a leader in the financial markets in Canada. As a member of our senior management team, he will be able to have an impact beyond our Institutional Equities business,” said Ricardo Pascoe, co-President and co-CEO of National Bank Financial Group.
Gerry Throop added: “I am delighted to be joining a firm that is large enough to deliver a complete range of services to its clients, but small enough to encourage an entrepreneurial and cooperative culture. I look forward to being a part of the team that is making National Bank Financial a leader in providing financing and risk management solutions to Canadian corporations and institutions.”
Mr. Throop holds an MBA from Harvard University as well as a Bachelor of Mathematics from the University of Waterloo and is a chartered accountant. His full time responsibilities at National Bank Financial will begin on August 1, 2007.
About National Bank Financial
National Bank Financial is the investment banking arm (broker dealer) of National Bank of Canada. National Bank and its subsidiaries have combined assets of $111.2 billion, with almost 17,000 employees worldwide. National Bank Financial is a leading Canadian full-service investment bank, with origins dating back to 1902. National Bank Financial has over 3,400 employees with offices and operations in Canada, Switzerland, the US, and the United Kingdom. The firm offers financial services and products to private and publicly owned corporations and institutional investors, individual investors and government agencies. National Bank Financial has over 86 retail offices across Canada and is the dominant provider of third party brokerage services in the country.
Information (The telephone number provided below is for the exclusive use of journalists and other media representatives):
Executive Vice-President, Corporate Development and Governance
National Bank Financial Group
Tel.: (416) 869-8817