Cleland will be leaving his current post at Raymond James and Associates as Vice President of Administration and will be joining MBS on Monday, January 10, 2005.
"Mark (Cleland) brings a world of financial service experience to our ever growing stable of talent", said Dave Maccagnone, CEO of MBS. Formerly, Cleland held the leadership position of Chief Financial Officer at Roney & Co. for eight years prior to the Raymond James acquisition. His 20 years of experience are complemented by Mark's educational background that includes a Bachelor Degree in Accounting and a Master of Science in Finance Degrees. He is a licensed C.P.A., and has attained Series 7, 24, 27, 63 licenses. He further holds the position of a Security Industry Arbitrator for the NASD.
Multi-Bank Securities, Inc., (MBS), a member of NASD, SIPC, MSRB, is an institutional fixed income securities broker/dealer with offices in Pleasant Ridge, MI and Ft. Lauderdale, FL. They provide institutional customers throughout the US with a full array of service capabilities that include underwriting of negotiable CD's at both locations.