CIBC's wholesale banking division announced two new hires Thursday, with additions to its mergers and aquisitions department and its retail solutions group.
CIBC picked up Boris Novansky, a well-respected veteran banker who was most recently at Cormark Securities. He'll focus on mergers and acquisitions.
The firm also hired Kevin Nash for its retail solutions business, where he will head a team that markets structured investments (think closed-end funds and such) to retail clients.
Mr. Nash, who has 20 years of experience, will join as an executive director.
Mr. Novansky will be a managing director at CIBC. With almost two decades in the business, he brings contacts and skills in areas such as mining, energy and diversified industrials.
Mr. Novansky started his career at BMO Nesbitt Burns, in Toronto and London, with the dean of M&A bankers, David Ward.
Both Mr. Novansky and Mr Ward then became partners at Newcrest Capital, and both moved to TD Securities when the bank-owned dealer purchased the employee-owned firm. They then moved together to Cormark.