Accord Financial Corp. has appointed Simon Hitzig a director of the company effective Oct. 1. He will hold the position until the next annual general meeting of shareholders, at which time he will stand for re-election. As previously announced, Hitzig became President and Chief Executive Officer of Accord effective Oct. 1.

Hitzig joined Accord in 2011 after a long career in the investment industry. Notably, he spent 10 years with DundeeWealth Inc. where he led the product development and marketing teams, driving growth from 1999 to 2009, leading up to the company's sale to The Bank of Nova Scotia.

In his seven years at Accord, Hitzig has been a catalyst for change and a key member of the executive team, the company said. Hitzig joined the company as President of its non-recourse factoring division, and went on to structure and close three acquisitions, which diversified Accord's product offerings giving the firm a strong presence throughout the United States and Canada.