Canaccord Genuity Wealth Management has hired Greg Powell as investment director of its Jersey office.

Powell joins from Brooks Macdonald International, and prior to that he worked for Collins Stewart in Jersey.

‘These are exciting times for CGWM and our Jersey team,’ David Esfandi, chief executive officer of CGWM.

‘We are seeing considerable growth in the Channel Islands and Greg’s appointment is testament to that fact. A key tenet of our business strategy is to attract talented, experienced individuals to work for us – hiring good people is vital to our success.’

Powell has worked in the wealth management and investment industry for over 20 years, managing a variety of clients, including high net worth individuals, charities and intermediaries.

Grahame Lovett, chief executive offshore, added: ‘His [Powell's] 20 years’ experience in investment management means he is an excellent addition to the team.

'His hire further underlines our firm’s strength in the Bailiwick Islands and commitment to being an innovative, client-focused business in the region.’