The Globe and Mail reports in its Friday edition that Bank of Nova Scotia is reshuffling its Canadian wealth management leadership as 40-year bank veteran Alex Besharat announces plans to retire in February, 2026. The Globe's Clare O'Hara writes that Mr. Besharat's year-long retirement path will see some segments of its Canadian wealth management operation split between two new leaders: Erin Griffiths, who heads client solutions at Scotia's Canadian wealth management; and Todd Barnes, current head of the bank's brokerage firm ScotiaMcLeod. Ms. Griffiths will move into the role of executive vice-president of global wealth solutions, and continue to oversee the bank's trading platform Scotia iTrade, as well as Scotiatrust, client services and cultural segmentation, which is a focus on high-net-worth newcomers to Canada. Her new role will expand to include Canadian private banking and global investments solutions. Mr. Barnes will expand his role at ScotiaMcLeod to include Scotia Wealth Management Private Investment Counsel and Jarislowsky Fraser Private Wealth over the next six months. In September, Mr. Barnes will also assume the role of EVP of Canadian Wealth Management Investment Advisory -- a newly created division.