BMO EXEC MARKS DEP ARTS FOR CO- CIO ROLE AT MACKENZIE

Canadian asset manager Mackenzie Investments snagged Lesley Marks to help run its equities business, bringing new leadership into a company that is absorbing a number of recent acquisitions. Marks joins the firm after more than two decades at Bank of Montreal, where she was chief investment officer and head of investment management for the bank’s wealth business in Canada. As co- CIO at Mackenzie, Marks will head the firm’s equities boutiques, working alongside Steve Locke, who will lead the fixed- income and multi- asset strategies, Mackenzie said in a statement Tuesday. Marks is scheduled to take the new position on Jan. 25. The appointment is part of Mackenzie’s succession plan for CIO Tony Elavia, who retired at the end of last year, and reflects the firm’s growing size and evolving structure.