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DBRS adds new Canadian head with banking background Add to ...

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DBRS Ltd. is bringing in a new leader with banking experience to oversee operations in Canada as the business pursues international expansion.

The Canadian-based rating agency said Doug Turnbull would step into the newly created role of vice-chairman and Canadian country head.

Mr. Turnbull has worked in the investment banking industry for more than three decades. He held positions at BMO Nesbitt Burns Inc. and was most recently deputy chairman at TD Securities Inc. His focus has been on government deals, such as infrastructure and debt financings, as well as covering sovereign, Crown corporations and other government clients around the world. More recently, Mr. Turnbull has been active on many boards, including those of Metrolinx, the Ontario Financing Authority and the Toronto Financial Services Alliance.

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