Duncan Hannay Joins D+H as President of Canadian Division

TORONTO, Feb. 20, 2014 /CNW/ - Davis + Henderson Corporation (TSX:DH) announced today that Duncan Hannay has joined the firm as President of D+H Canada, with overall responsibility for growing the company's Canadian business and building on the long-term relationships D+H enjoys with banks, credit unions and governments across Canada. A member of D+H's corporate executive committee, Mr. Hannay will report directly to D+H's Chief Executive Officer, Gerrard Schmid.

Mr. Hannay has over 25 years of leadership experience in the financial services and technology space, where he has a strong track record of building and growing the businesses with which he has been involved. Most recently, he served on the management team of Scotiabank's Canadian Banking division, as Senior Vice President of Marketing, where he also served on the boards of Scotia Capital Inc. and SCENE LP, one of Canada's fastest growing loyalty programs. He has also served as Managing Director and Head of Online Brokerage at Scotiabank, a position he held after the Bank's acquisition in 2008 of E*TRADE Canada Securities Corp., where he was President and CEO.

"I am very pleased that Duncan has joined D+H's executive team to lead our Canadian business and growth agenda in Canada," said Mr. Schmid. "Canada is a key part of D+H's growth strategy as we continue to look for new ways to provide our clients with the integrated, relevant technology solutions they need to serve their customers. Duncan's leadership experience, knowledge and relationships among Canada's largest banks, his appreciation of the critical role of technology for financial institutions, and his strong business development skills make him the ideal person to lead our Canadian business."

Mr. Hannay received his Bachelor of Engineering degree from McMaster University, and has also completed the Strategic Management in Banking, Business Administration and Management program at INSEAD. In 2010, he was inducted into the McMaster University Alumni Gallery and in 2013 was named as Strategy Magazine's "Marketer of the Year." He is currently the vice chair of the board of directors of Covenant House Toronto, Canada's largest shelter for homeless youth.


D+H is a leading North American provider of secure and reliable technology solutions to domestic and global financial institutions with a reputation for being a trusted partner that helps clients build deeper, more profitable relationships with their customers based on rich industry and market insight, and consumer knowledge. Today, approximately 7000 banks and credit unions rely on D+H to deliver solutions across three broad service areas: Banking Technology Solutions (Enterprise, Lending), Lending Processing Solutions, and Payments Solutions. Our integrated, compliant technology solutions enable clients to grow, compete, and optimize their operations, while our forward looking approach helps them stay ahead of the market and anticipate changing consumer needs. D+H is one of the world's top FinTech companies as measured on the FinTech 100 list.

Davis + Henderson Corporation is listed on the Toronto Stock Exchange under the symbol DH. Further information can be found at www.dhltd.com and in the disclosure documents filed by Davis + Henderson Corporation with the securities regulatory authorities at www.sedar.com.

SOURCE Davis + Henderson Corporation

Image with caption: "Duncan Hannay is the first President of D+H Canada. (CNW Group/Davis + Henderson Corporation)". Image available at: http://photos.newswire.ca/images/download/20140220_C6078_PHOTO_EN_36962.jpg