ScotiaMcLeod names head

Craig Gilchrist was named senior vice president, head of ScotiaMcLeod Inc., a division of Toronto-based Bank of Nova Scotia, on Monday. Gilchrist had been leading the bank brokerage on an interim basis since May 2019, when Rob Djurfeldt stepped down from the position.

Gilchrist has been with Scotiabank for more than ten years. In 2017, he was named chief investment officer of Scotia Wealth Management; that role is now held by Andy Nasr. From 2009 to 2017, Gilchrist was managing director and co-head of global equity sales and trading with the bank.

Prior to joining Scotiabank, Gilchrist worked at the Bank of Montreal, Merrill Lynch and Goldman Sachs.

In November, Scotia will officially launch a fourth business line, Global Wealth Management, a move the bank announced earlier this year. It will be led by Glen Gowland, executive vice president of global wealth management.

Earlier this month, Djurfeldt joined Winnipeg-based Wellington-Altus Private Wealth Inc. as executive vice president and senior investment advisor.

Rudy Mezzetta

Rudy is a senior reporter for Advisor.ca and its sister publication, Investment Executive. He has been reporting on tax, estate planning, industry news and more since 2005. Reach him at rudy@newcom.ca.