Macquarie Group today announced that David Fleck will become president and CEO of Macquarie Capital Markets Canada Ltd. effective May 16, 2011. Fleck will be based in Toronto and report to Roy Laidlaw, group head of Macquarie Capital.

As country head, Fleck will replace Paul Donnelly, who is returning to Macquarie’s Melbourne office after almost four years as president and CEO of Macquarie Canada.

Fleck joins Macquarie after a 19-year career with BMO Financial Group (BMO), where he was executive managing director, co-head of equity products and a member of several leadership committees. At BMO, he had overall responsibility for 11 offices across Canada, Europe and the U.S.

Immediately prior to joining Macquarie, he was president of Mapleridge Capital Corporation, where he was chiefly responsible for business development and overseeing coverage of a diverse international institutional client base.