Royce Mendes, a former executive director for economics at CIBC Capital Markets, has joined Desjardins as managing director and head of macro strategy.
In is new role, Mendes will now be reporting to Desjardins vice-president and chief economist Jimmy Jean, Desjardins said Monday.
"We'll be gradually growing the Toronto team to cover regional analysis and fiscal policy, further strengthening Desjardins's economic expertise," Jean said in a release. "Royce Mendes' solid macro experience and his excellent communication and analytical skills make him the ideal person for this position."
Mendes has been a senior economist at CIBC Capital Markets for the past year, and he previously worked as an associate editor for the Bank of Canada’s Financial System Review and as a principal researcher at the central bank’s financial markets department.
Mendes has a degree from Western University in London, Ontario and a master's degree in finance from the Smith School of Business at Queen's University in Kingston. Mendes is a chartered financial analyst.
