The FINANCIAL -- Bank of America Merrill Lynch (BofA Merrill) on September 7 announced that Tim Watson has joined the firm as managing director and head of Canada's energy and power investment banking business, based in Calgary.

Watson will report jointly to Scott Van Bergh, managing director and head of energy investment banking in the Americas, and Dan Mida, managing director and head of investment banking in Canada.

In his new role, Watson will be responsible for covering the firm's Canadian corporate clients in the energy and power sector and building the business. He will coordinate closely with global industry and product coverage teams and BofA Merrill's corporate banking group.

"We are very excited that Tim will lead our efforts in the power and energy business in Canada," said Mida. "With over 20 years in the investment banking industry in Canada and the US, he brings excellent industry experience and strong relationships to further build on our position in the market."

Watson's appointment complements a number of senior BofA Merrill hires in Canada in the past year, including a build-out of its corporate banking infrastructure to better service all clients, including those in the power and energy sector.

"Our consistent leadership position in energy and power investment banking is a result of the strong talent we have in place and our extensive understanding of the industry," said Van Bergh. "Continuing our commitment to growth in the Canadian market is critical to our global franchise in energy and power".

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