Creststreet Asset Management Limited has named Kevin Wood as senior vice president, sales and marketing, the company announced Monday.

Wood joins Creststreet’s senior management team after a highly successful career with mutual fund management firm Northwest & Ethical Investments LP, where he was an integral member of a management team that oversaw the growth of assets under management to more than $4.5 billion over a 10 year period.

Toronto-based Creststreet recently announced its plans to expand on its success as an energy investment manager by broadening its investment expertise to all commodities and by reaching out to a wider investor base by offering a more conservative income-focused investment fund.

As part of this strategy Creststreet recently announced it has attracted an award winning investment team comprised of Bill Shaw and Paul MacDonald. Shaw has won a Canadian Investment Award for Canadian Dividend Fund of the Year and MacDonald was previously involved with managing an award wining natural resources equity fund which was the top performing natural resource fund in Canada for the year-ended Dec. 31, 2009.

Commenting on the expanded strategy and new additions to the team, Robert Toole, president and CEO of Creststreet said “Attracting a proven sales and marketing executive of Kevin’s caliber is a perfect complement to our plans to expand our investment focus. With the recent addition of two award winning portfolio managers, we are all excited by recent changes at Creststreet and the new opportunities these changes create for our clients.”

IE