Sionic adds capital markets expert Robert Cranmer in Toronto

Financial services–focused consultancy Sionic has added Robert Cranmer as a partner based in Toronto. Cranmer has over 20 years of experience advising and working in capital markets businesses.

London-based Sionic was created following the merger of New York-based Sionic Advisors and London-based Catalyst Development in April. The merger of the similarly sized financial services sector consultancies created a firm with more than 300 consultants across nine offices in North America, Europe, and Asia, with annual revenues exceeding US$60 million. The combined firm’s offerings include strategy & operations, risk & regulatory compliance, technology, and change management.

The merger was backed by investment from private equity firm Livingbridge, which continues to back the rebranded Sionic.

The company has now added five partners to its global operations in the aftermath of its merger and rebranding, including Paddy Lewis (UK), Philip Biber (Switzerland), Chuck Bokman (Singapore), Manoj Rane (India), and Robert Cranmer (Canada).

Toronto-based Robert Cranmer is a chartered accountant and capital markets specialist. In his new role at Sionic, he will focus on regulatory and reform drivers and the dynamics of banking change.

Cranmer was previously capital markets leader at Deloitte Canada for nearly four years, where he was responsible for risk advisory relationships with a range of solution providers. In the role, he focused on regulatory and market initiatives, operating model modernization and optimization, risk management strategies, and technology deployment.

Before that, Cranmer was a capital markets and risk consultant at Accenture in South Africa, where he re-built Accenture’s capital markets capability across all major South African banks. Prior to that, he was chief operating officer at Investec and Barclay’s South Africa.

Cranmer holds a bachelor’s in accounting from the University of Witwatersrand.

Sionic CEO Craig Sher commented, “This is a dynamic time for Sionic, with a stellar set of senior hires and further geographic expansion fuelled by growing global demand for our services. We only hire the best in the business, and I am delighted to welcome Philip, Chuck, Manoj, Paddy, and Robert as five of financial services’ finest. I also look forward to announcing more new arrivals and new bases in the US, Europe, and Asia shortly, as Sionic continues to expand worldwide.”