GMP Capital Inc. Announces Senior Management Departure

TORONTO, Nov. 20, 2017 /CNW/ - GMP Capital Inc. (GMP or the Company) (TSX: GMP) today announced Doug Bell, Vice Chairman, Investment Banking and member of the Company's Executive Committee, is leaving the company after eight years with GMP.  Mr. Bell is establishing a principal business in the mining sector. 

"Doug has been a trusted partner and a valued member of the firm's senior leadership team.  Under his leadership, we built upon our industry-leading mining franchise and we are confident the team will continue to build on this legacy.  We thank Doug for his contributions to the success of our franchise and wish him luck in his new endeavour.  We also look forward to continuing our relationship with Doug as a client of the firm," said Harris Fricker, President and CEO of GMP.

"I want to express thanks to my partners at GMP with whom I have had the pleasure of working alongside," stated Mr. Bell.  "I believe GMP continues in strong hands and remains well positioned to capitalize on its traditional strengths in the Canadian capital markets."

ABOUT GMP CAPITAL INC.

GMP is a leading independent diversified financial services firm headquartered in Toronto, Canada, providing a wide range of financial products and services to a global client base that includes corporate clients, institutional investors and high-net-worth individuals in two integrated reporting segments. The Capital Markets segment provides investment banking, including advisory and underwriting services, institutional sales and trading and research through offices in Canada, the United States, the United Kingdom, the Bahamas and Asia. Wealth Management consists of GMP's non-controlling ownership interest in Richardson GMP Limited. Richardson GMP Limited, Canada's largest independent wealth management firm, is focused on providing exclusive and comprehensive wealth management and investment services delivered by an experienced team of investment professionals. GMP is listed on the Toronto Stock Exchange under the symbol "GMP". For further information, please visit our corporate website at gmpcapital.com.

SOURCE GMP Capital Inc.