Rachel Liem-Smith Joins Massey Henry as Principal Amid Continued Firm Expansion
Article content
TORONTO — Massey Henry, one of North America's leading executive search firms focused on financial services, is pleased to announce the appointment of Rachel Liem-Smith as Principal.
Article content
Article content
'I am excited to join a firm with a clear sector focus, strong market reputation, and a client-centric culture. The pace of growth and calibre of work at Massey Henry present an exciting opportunity to apply my experience in financial services.'
Her addition is one of six strategic hires the firm has made over the past year, reflecting its continued growth and deepening sector expertise.
Article content
Ms. Liem-Smith brings over a decade of experience overseeing high-impact talent acquisition functions at major Canadian financial institutions. Most recently, she led national talent acquisition teams at CWB Financial Group and National Bank of Canada, directing enterprise-wide recruitment strategies across commercial banking, corporate services, and technology.
Article content
In these roles, she also worked closely with external executive search firms, providing her with a nuanced understanding of the industry from a client perspective.
Article content
'Rachel's leadership in building high-performing recruitment teams and her deep understanding of the financial services landscape make her an ideal fit for our firm,' said Michael Henry, Managing Partner. 'As we continue to scale, her experience and values align seamlessly with our client-first approach.'
Article content
Throughout her career, Ms. Liem-Smith has delivered full-cycle recruitment solutions across a range of functions, including finance, legal, regulatory compliance, strategy, technology, and audit. She is known for her collaborative style and ability to foster strong, trust-based relationships with both clients and candidates.
Article content
'I am excited to join a firm with a clear sector focus, strong market reputation, and a client-centric, entrepreneurial culture,' said Ms. Liem-Smith. 'The pace of growth and calibre of work at Massey Henry present an exciting opportunity to apply my experience in financial services toward shaping meaningful leadership outcomes within the sector.'
Article content
Massey Henry is one of North America's leading executive search and board advisory firms focused exclusively on the financial services sector. With an experienced team of industry leaders and executive recruitment specialists, the firm combines innovation with sector expertise to provide clients with full-scope talent assessment, coaching, succession planning, and executive search services.
Article content
Article content
Article content
Article content
Contacts
Article content
Article content
Article content
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
7 minutes ago
- Globe and Mail
A surprising answer to the question: Which big bank has the best mobile app?
The basics of a good mobile banking app are seamless and speedy log-in, modern appearance and easy navigation. According to a new J.D. Power customer satisfaction survey, the Big Five banks all deliver on these points. 'It's getting harder to tell the nation's banks and credit card company mobile apps and websites apart from one another,' the survey concludes. Do Canadian banks have a homogeneity problem? Their earnings and stock market performance certainly differ, but there's a sameness to the customer experience once you get beyond logos and colour schemes. App parity reflects this, but so other aspects of consumer banking. Does any bank do chequing, mortgages or investments demonstrably better than the rest? Canadian Imperial Bank of Commerce took top spot in banking app satisfaction with a score of 641 out of 1,000, Toronto-Dominion Bank scored 631, Bank of Montreal and Royal Bank of Canada 626 and Bank of Nova Scotia 620. On credit-card apps, American Express led a larger field of competitors with a score of 692 and Tangerine was second at 669. After that, most competitors were bunched in the mid- to low-600 range. J.D. Power says banks have spent years maximizing the functionality of their apps within the limits of their current technology. The next frontier will be adding AI-based functions, which clients are encountering more in other aspects of their lives. I use a few alternative bank apps and haven't yet found any that crush the competition. But as we look ahead to open banking, let's not concede that all apps will be more or less the same. Open banking will allow bank clients to securely share financial data with alternative players. Let's see whether they can use it to build a better app. A surprising finding in the J.D. Power customer satisfaction numbers is that people like multi-factor authentication when logging into a mobile app. MFA can be a hassle if you're in a hurry. For example, you may be asked for a verification code sent to by your bank via text, or to use a fingerprint reader. Still, J.D. Power said overall customer satisfaction is 12 points higher when customers use multi-factor authentication before logging in. This shift reflects improvements banks have made in the usability of MFA, and an increased focus on security by bank customers. Are you reading this newsletter on the web or did someone forward the e-mail version to you? If so, you can sign up for Carrick on Money here. Housing affordability: Canada vs. the U.S. Vancouver, Toronto and Victoria top this ranking of North American cities by housing affordability – specifically, mortgage payment as a percentage of income. The list highlights just how much cheaper homes are in the U.S., even in big cities like New York. Top choices for simple and great investing An investing blogger sorts through some of the biggest asset allocation exchange-traded funds and identifies some top choices. Asset-allocation ETFs are a simple, cheap and excellent way to build a fully diversified portfolio of exchange-traded funds. Personal finance's independence movement Christine Benz, director of personal finance and retirement for the investing analysis company Morningstar, recently attended an event held for people who follow the F.I.R.E. philosophy – financial independence, retire early. She picked up a few lessons to pass along on balancing work and the powerful idea of financial freedom. Bet you lose Toronto Life on the betting scandal involving a former Toronto Raptor. What I took away from this story is a sense of shock about the amount being wasted on ridiculous sports betting. The player in question was a day trader, and a gambler. Subscribe to Stress Test on Apple podcasts or Spotify. Q: If we are going to experience rough seas for the next two to four years, I want to be on the largest warship in the fleet. That would be U.S. equities. Is that approach reasonable? A: As dominant as the U.S. stock market has been in the past decade, strong returns from Canadian stocks lately mean the five-year annualized total return of the S&P/TSX composite index is now more or less even with the S&P 500. Meanwhile, international stocks have been coming on strong. The U.S. market offers exposure to leading companies in tech, health care and consumer discretionary stocks, but investors are looking at other markets these days. Do you have a question for me? Send it my way. Sorry I can't answer every one personally. Questions and answers are edited for length and clarity. Tools and guides A beginner's guide to guaranteed investment certificates. In the social sphere Social Media: How often do people upgrade their smartphone? Watch: Thoughts on the worries involved in home ownership. Not buying so much, but living up to the responsibilities of owning a property. Money-Free Zone: Paul Weller has to be one of the most eclectic and versatile musicians around. He's been a new-wave rocker, a neo-soul musician and, more recently, a singer-songwriter who puts out nuggets like this new cover of a 1974 song called Pinball by singer-actor Brian Protheroe. You can catch Weller at his new wave peak in That's Entertainment, an all-time great song. Weller's soul-era band was called The Style Council – here's one of their most enjoyable songs, The Big Boss Groove. More PF from The Globe - Five tax tips for cottage owners this summer season - The best time to make a lump-sum mortgage payment, according to the experts - Canadians go elbows up on U.S. travel, opting for these destinations instead - Trump-proofing your wallet
Globe and Mail
7 minutes ago
- Globe and Mail
Acquiring U.S.-made F-35 fighter jets will cost Canada nearly 50% more than disclosed, Auditor-General finds
The cost of replacing Canada's aging warplanes with U.S.-made F-35 stealth strike fighters is expected to cost nearly 50 per cent more than the estimate Ottawa provided Canadians, a report from the federal Auditor-General says. These findings arrive as Prime Minister Mark Carney's government is weighing whether to scale back Ottawa's order for the F-35s and instead buy European-made fighter planes to reduce Canada's reliance on U.S. military equipment. The federal government, which finalized a deal to buy 88 F-35 Lightning fighters from Lockheed Martin in December, 2022, said the acquisition would cost about $19-billion. But Auditor-General Karen Hogan's office said Tuesday it found this figure was based on outdated information and that by 2024, estimated costs had increased to $27.7-billion. The warplane replacement program also faces significant risks that could jeopardize the introduction of a new fleet of fighters, the Auditor-General found. Construction of two new fighter squadron facilities in Cold Lake, Alta., and Bagotville, Que., to accommodate the F-35s is more than three years behind schedule and the Forces are facing a possible shortage of qualified pilots, the watchdog said Tuesday. Trimming F-35 order could antagonize Trump as security and trade talks get under way: analysts Inflation, fluctuations in foreign exchange rates and heightened demand for munitions are three factors have driven up the cost of acquiring the F-35s, the Auditor-General found. The Department of National Defence 'was supposed to closely monitor inflation and foreign currency exchange rates because of the potential impact but did not always do so,' it said. The Office of the Auditor-General said even the updated $27-billion-plus price tag for the F-35s does not include essential Forces infrastructure upgrades and advanced weapons that would add at least another $5.5-billion to the total cost of acquiring the fighters. Opinion: The solution to Canada's F-35 fighter jet dilemma? Buy both American and European aircraft Canada's current fighter aircraft fleet of CF-18s is reaching the end of its service life and must be replaced in a timely manner to meet operational commitments such as the defence of Canada and North America, the Auditor-General's office noted. CF-18s are the primary Canadian aircraft assigned to the bilateral North American Aerospace Defense Command and are supposed to be on continuous alert to respond to potential aerial threats to the safety of North America, it said. The CF-188 Hornet first entered service in the 1980s. The operating life of the Hornets has been extended through a refurbishment initiative known as the Hornet Extension Program, or HEP. CF-18s are supposed to be gradually withdrawn from service between 2025 and 2032 and replaced with F-35s. David McGuinty, the Minister of National Defence, said in a statement he takes the auditor general's findings seriously. He committed to updating Canadians regularly on acquisition projects and blamed the huge cost increases on 'external economic conditions driven by the COVID-19 pandemic, including global supply chain disruptions, workforce shortages, and increased inflation and foreign exchange rates.' The minister did not comment on the ongoing review in his department of whether to reduce the F-35 order. Shortly after Mr. Carney took office in March, he said Ottawa would weigh trimming its F-35 purchase plans to buy an alternative aircraft that would be more cost-effective and could deliver additional industrial benefits domestically instead of sending more dollars to the U.S.
Globe and Mail
10 minutes ago
- Globe and Mail
Strategy (MSTR) Buys Another $110 Million of Bitcoin
Strategy (MSTR) continues to purchase Bitcoin (BTC) even as the price rises. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter In the past week, the software company turned serial Bitcoin acquirer bought an additional 1,045 BTC for $110.2 million. The company, led by founder Michael Saylor, paid an average purchase price of $105,426 each for its latest Bitcoin accumulation. Strategy, formerly known as MicroStrategy, now owns 582,000 Bitcoin worth $62.5 billion. The company is the largest corporate owner of BTC in the world. Strategy's average purchase price for its Bitcoin holdings is $70,086 per digital token. Funding Purchases Last week's buys were funded via at-the-market sales of Strategy's preferred stock, according to a regulatory filing with the U.S. Securities and Exchange Commission (SEC). The company remains committed to its focus on aggressively acquiring Bitcoin. Strategy's stock has risen 25% this year to trade at $374.47 per share. The price of Bitcoin is currently right around $107,500, having gained 12% on the year. Is BTC a Buy? Most Wall Street firms don't offer ratings or price targets on Bitcoin, so we'll look instead at its three-month performance. As one can see in the chart below, the price of BTC has risen 34.14% in the last 12 weeks.
