National Bank of Canada, one of the busiest lenders in the oil patch, this week added two new senior bankers in Calgary.
National hired Dan Lindquist from Bank of Nova Scotia to be a managing director and head of credit capital markets. He will oversee lending activities.
Mark Williamson comes on from Toronto-Dominion Bank to be managing director and head of corporate banking.
The bank promoted David Forsythe to managing director and head of commercial energy banking, covering mid size and junior oil and gas clients.
John Swendsen, who built the bank's commercial energy banking business into a leader, has been named a vice chairman of corporate and investment banking. His role will be to focus on the bank's relationships.
National has been rejigging the way its commercial lending operations work, in a bid to coordinate more closely between commercial bankers and investment bankers. The bank recently moved into new offices in Calgary to physically locate all the bankers together.
The goal is to turn the lending relationships into a more profitable business on the investment banking side for services such as equity underwriting and merger advice.
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