Burden Based will be based in the Isle of Man and will work with key intermediaries and introducers in the Middle East.

Burden, who has 15 years business development experience, has held a number of senior sales positions in the UK, Isle of Man and Middle East, including six years as regional sales manager for Friends Provident International and two years in Saudi Arabia setting up a Bancassurance relationship.

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Andy Finch, sales director for Canaccord Genuity Wealth Management, said: "I am delighted to have been able to recruit such an experienced and high caliber business development professional.

"Richard is a valuable addition to the business development team; his recruitment demonstrates our commitment to providing clients in the Middle East with access to our award winning array of wealth management solutions," Finch added.

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