Raymond James (RJL) has announced the appointment of Peter Moores as CEO, pending necessary regulatory approval. Moores joins the firm during a milestone year for RJL celebrating 25 years in Canada and recently surpassing C$100 billion ($73 billion) in assets under administration.
Since joining Raymond James in 2004, Moores has held diverse roles including CEO and country manager in the United Kingdom, providing leadership of the wealth management business and governance of the capital markets and investment banking businesses. Prior to Raymond James, he held progressively senior leadership roles in the institutional, asset management and retail brokerage sectors.
During the transition period, and until Moores receives his regulatory approval from the Canadian Investment Regulatory Organization, Paul Allison will remain CEO. Once established in the role, Moores will report to Paul Reilly, executive chair, Raymond James Financial.