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RF Capital Announces New CFO and Announces Senior Management Changes

Toronto, January 25, 2021 – RF Capital Group Inc. (“RF Capital” or the “Company”) (TSX: RCG) today announced the appointment of Tim Wilson as Chief Financial Officer (“CFO”) following a comprehensive internal and external search process.  Mr. Wilson will join the Company effective April 5, 2021. 

“We are thrilled to welcome a person of Tim's calibre to our leadership team" said, Kish Kapoor, President and Chief Executive Officer of RF Capital. "He possesses a profound understanding of organizational transformation and has considerable experience in building a world class financial organization.   His proven track record of delivering profitable growth and improving operational performance is especially relevant to our business today and as we chart the path to future success.”

Mr. Wilson spent the last nine years as Chief Financial Officer of Equitable Bank.  During his tenure at the company, he also had accountability for the legal, corporate development, investor relations and technology teams.  Mr. Wilson helped Equitable Bank to achieve the highest growth rate of any publicly traded Canadian bank by effectively supporting its challenger bank mission.  Over his time with the company, revenue grew by 13% annually to $1.2 billion and earnings by 17% annually to over $200 million.  Prior to Equitable Bank, Mr. Wilson was President of Visa Canada, leading the transformation and streamlining of their Canadian operations.  Before joining Visa, he was Vice President of Finance in the retail banking division of a large Canadian bank and a management consultant at Monitor Group. 

Mr. Wilson has an MBA from Harvard University, a Bachelor of Commerce from Queen’s University and is a Chartered Professional Accountant.

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RF Capital Announces Appointment of Nathalie Bernier to Board of Directors

Toronto, January 21, 2021 – RF Capital Group Inc. (“RF Capital” or the “Company”) (TSX: RCG) today announced that Nathalie Bernier has been appointed as an independent member to the Company’s board of directors (the “Board”), effective immediately. 

Ms. Bernier brings extensive experience and expertise in the areas of transformation and implementation of innovative growth strategies as well as strong financial, governance and risk acumen acquired over a distinguished career that spans more than 30 years at global multi-services professional firms and one of Canada’s largest pension investment managers.

     - Strengthens Board representation in key francophone market
     - The Board now comprised of eight directors (including two female directors), six of whom are independent

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RF Capital Reports Assets Under Administration for December 2020

Toronto, January 5, 2021 – RF Capital Group Inc. (“RF Capital”) (TSX: RCG) today reported assets under administration (“AUA”) at Richardson Wealth Limited (Richardson Wealth) of $30.3 billion. AUA is a key performance indicator and one of the financial measures used by management, investment advisors and RF Capital shareholders to assess Richardson Wealth’s operating performance. 


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