A Bay Street sign, the main street in the financial district is seen in Toronto, January 28, 2013.MARK BLINCH/Reuters
Canaccord Genuity Group Inc. has snagged a senior banker from CIBC World Markets Inc. to head up its technology, media and telecommunications (TMT) group.
Mike Lauzon, previously a managing director in the TMT group with CIBC, is joining the firm.
"Mike brings 15 years of experience to his role, with significant expertise sourcing financing and advisory mandates for a broad range of clients," Pat Burke, Canaccord's president of capital markets for Canada, wrote in a note to staff.
"He managed the execution of complex transactions across a breadth of advisory and financing mandates, including acquisitions, divestitures, unsolicited bids, fairness opinions and public and private equity and debt financings."
Mr. Lauzon is replacing long-time banker Sanjiv Samant, who left the firm in June to go to National Bank Financial.
Around the same time, Justin Bosa, who headed up the real estate group at Canaccord, departed to go to Scotia Capital Inc. Dan Sheremeto was subsequently promoted from within Canaccord to take over from Mr. Bosa.
Niall McGee