June 16, 2021 – Rosin Executive Search recently assisted TMX Group in Toronto in the recruitment of financial services industry David Arnold as its new CFO. “We are excited to add a dynamic and experienced financial professional with an impressive track record of execution to TMX Group’s senior leadership team, as we work to advance our global growth strategy and support client success across the markets we serve,” said John McKenzie, CEO of TMX Group. “Along with a demonstrated expertise in leading complex, large-scale business initiatives, David brings an innovative mindset and a collaborative spirit to the role, which fits squarely with TMX Group’s corporate mission, client first vision and employee culture. I look forward to the important work ahead with David and our entire TMX employee team to solve challenges and capitalize on opportunities in our operating environment.”
Jeff Rosin, CEO of Rosin Executive Search, said: “What made David stand out is the fact that having come from a major bank where he spent the majority of his career in a number of different finance roles, he was exposed to different business units within financial services and was able to capture the learnings of each in a way where he presents as a credible financial executive who is strategic, action oriented, a good listener, impactful and a collaborative leader. Furthermore, his being referred to us by a number of different people further reinforced his candidacy in this role.”
Mr. Arnold joins TMX Group from CIBC, where he most recently served as executive vice president, enterprise programs, technology, and operations. In this role, he led transformation and simplification efforts across the CIBC Group of Companies, including client relationship management, payments modernization, enterprise programs and delivery excellence. Before that, Mr. Arnold held increasingly senior positions in finance and administration, including EVP, strategy and corporate development and led CIBC’s finance shared services division as EVP and global controller.
“I am thrilled to have the opportunity to join TMX Group as the organization pursues opportunities to accelerate its ongoing evolution at the center of Canada’s capital markets and increase its global presence,” said Mr. Arnold. “I look forward to working together with the accomplished finance team and talented professionals across the enterprise to help build on its considerable strengths and chart the course for sustained success into the future.”
TMX Group operates global markets and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group’s key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, the Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corp., and Trayport which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community.
Experienced Search Consultants
Headquartered in Toronto, Rosin Executive Search recruits CEOs, senior executives, and board members. Whether it is private equity, mid- to large- cap corporations or professional services firms, the firm’s assessment and consulting perspective serves to land top candidates. In addition, Rosin Executive Search offers interim management through its RES Interim Service.
Throughout Canada, Mr. Rosin has established a reputation for exceptional quality of search strategy and execution on senior executive and board assignments, as well as C-suite succession. Prior to founding Rosin Executive Search, he led the Canadian practice of a global, publicly traded executive search firm for nearly 15 years, and spent 19 years there in total.
New Pressures on CFOs
Immediate concerns around cash flow, liquidity and the bottom line are taking precedence at many companies due to continued fallout from the pandemic. But there are high-value lessons emerging from the current health and economic crisis that chief financial officers should bear in mind, according to recruiters specializing in finding talent for finance functional roles.
Hunt Scanlon Media has just released our latest special issue of ESR. This time around we take an in-depth look at the challenges financial services firms are facing in their hunt for new talent.
We cover it all: How CFOs are confronting new layers of risk in the pandemic era; the rapid and dramatic change coming at the CFO; using people analytics to acquire top talent, predict performance & reduce turnover; and why banks are turning to search firms. We even provide our latest “Financial Fifty Recruiters” ranking of financial services search firms! In this special issue of ESR, Hunt Scanlon editors take an extraordinary inside look at recruiting during these unprecedented times. Click here and enjoy.
The COVID-19 crisis has thrust CFOs into the spotlight as never before, they report, while the pandemic itself has also created a business environment in which CFOs are uniquely positioned to drive business value during the recovery phase.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media