Tuula Jalasjaa has left Toronto-based Bank of Nova Scotia as head of HollisWealth Inc., a spokesperson with the bank has confirmed.
Jalasjaa, who was managing director and head of HollisWealth’s retail advisory network, officially parted ways with the bank on Feb. 11 to pursue other opportunities.
The 18-year banking veteran first stepped into a leadership role at HollisWealth in 2013, when it was known as DundeeWealth Inc. Scotiabank, which acquired the independent retail advisory network from Dundee Corp. in 2011, renamed the firm as HollisWealth on Nov. 1, 2013.
Jalasjaa succeeded Richard McIntyre, who moved on to another role at Scotiabank. McIntyre has since left the bank and has returned to Dundee, at which he is now executive vice president.
Until a new lead is named, the HollisWealth business will report to Glen Gowland, senior vice president, Canadian wealth management, and the day-to-day accountability for the business will be handled by Farhan Hamidani, chief operating officer and managing director of HollisWealth.
Prior to her role as head of HollisWealth, Jalasjaa was managing director and head, investment management services, with Scotia Asset Management LP from 2008 to 2013.