Sionic promotes Robert Cranmer to managing partner

31 March 2020 2 min. read
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Financial services-focused consultancy Sionic has promoted capital markets expert Robert Cranmer to managing partner in its Toronto office. The firm also promoted New York-based partner Jason Millard to managing partner.

Cranmer, who has more than 20 years of experience advising and working in capital markets businesses, joined Sionic as a partner in 2019 from Deloitte Canada. He has deep experience in business operations, regulation, transformation, and change, and has worked across Europe, Africa, Asia, and North America.

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.

Robert Cranmer, Managing partner, Sionic

Before that, Cranmer was a capital markets and risk consultant at Accenture in South Africa, where he re-built the firm’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. He holds a bachelor’s in accounting from the University of Witwatersrand.

“Sionic is a dynamic firm and both these senior promotions were proposed long before Coronavirus took hold,” said Craig Sher, CEO of Sionic. “Although none of us could have foreseen these circumstances, I have no doubt that extraordinary times call for exceptional leaders. I am therefore doubly delighted to welcome both Robert and Jason to our leadership team.”

Cranmer said, “I joined Sionic knowing that the business model was differentiated from traditional consultancies. One year in I absolutely see the benefit of the business model especially to our clients as we bring experienced, relevant resources who understand their business and their challenges, and deliver value-add solutions. I am happy to be part of this fast-growing firm.”

London-based Sionic focuses on transformation for financial services clients. The firm was created following the merger of New York-based Sionic Advisors and London-based Catalyst Development in April 2019. 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.