The Bank of Nova Scotia has hired Royal Bank of Canada’s Sasson Darwish as its global head of software investment banking, according to people familiar with the matter.
Darwish, who is based in New York, is expected to join Toronto-based Scotiabank in June, said one of the people, who asked not to be identified while discussing the move.
Darwish, most recently managing director of RBC, oversaw infrastructure software, artificial intelligence, Internet of Things and digital media transactions, as well as coverage of the firm’s clients in Israel, according to his profile. LinkedIn. He has worked on transactions such as Apollo Global Management Inc.’s acquisition of a majority stake in the media unit of Verizon Communications Inc. as well as the sale of Yahoo’s Edgecast to Limelight Networks Inc.
Another RBC tech banker, David Mulliken, has also quit for a job at Scotiabank, where he will be chief executive, one of the people said. Mulliken, based in San Francisco, focused on security and infrastructure software offerings at Toronto-based RBC, according to his LinkedIn profile.
A representative for RBC declined to comment and Scotiabank did not immediately respond to requests for comment.