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Bill Packham appointed CEO of Qtrade Financial Group

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Qtrade Financial Group has appointed William (Bill) Packham as CEO. Packham has been Interim CEO of Qtrade since January 2015. He will continue as Co-Chair of Qtrade's Board of Directors, a role he has held since April 2013, when Qtrade became a Desjardins Group affiliate.

As Interim CEO, Packham reorganised Qtrade's leadership team and established a new vision to enhance and build on the company's successful businesses, which include full-service and online brokerage, mutual fund dealership, asset management, correspondent and institutional services, and insurance.

"I'm honoured and excited about the opportunity to continue working with the incredibly talented team at Qtrade," Packham says. "Their expertise, dedication to continuous innovation, and commitment to client service is inspiring. We will continue to focus on supporting and creating value for our partners who have placed their trust in us."

"Bill's familiarity with Qtrade's strategic plans and operations, along with his leadership experience in the wealth management and financial services sectors, made him a natural choice to lead the company," says John Sibley, Qtrade Board Co-Chair and Director. "Under his direction, Qtrade has won a number of significant new partners, including credit unions, insurers, and investment dealers. We have also seen strong financial results – client assets grew from USD10 billion to a record level of nearly USD12 billion. We have absolute confidence that Qtrade is positioned for continued success as a partner of choice in the financial services space."

"Bill has done an exceptional job over the past year of successfully navigating through a volatile and challenging period for the financial services industry," says Denis Berthiaume, Desjardins Senior Executive Vice-President and General Manager, Wealth Management and Life and Health Insurance. "His depth of experience allowed him to effect a remarkably smooth leadership transition and establish a strategic direction to drive growth in a highly competitive sector. We are delighted to have someone with his knowledge of the industry and his vision to take Qtrade to the next level."

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