BRADENTON, Fla. – St. Petersburg, Fla.-based Raymond James appointed banker Gavin Murrey as co-head of the firm's Public Finance/Debt Investment Banking division, the firm announced Wednesday.
Murrey is a senior managing director in the division and the South Central region manager, a position he will retain.
In his new role, Murrey will help guide the division's long-term strategic planning as he works alongside Rob Baird, the current head of Public Finance/Debt Investment Banking.
Murrey joined Raymond James in 2012 as part of the firm's acquisition of Morgan Keegan & Co., where he had worked since 1998.
"Gavin is a seasoned leader and trusted advisor to his colleagues and clients," said John Carson, president of Raymond James Financial and head of the Fixed Income Capital Markets division. "Throughout his nearly 20 years with Morgan Keegan and Raymond James, Gavin has been central to the firm's development into a consistent top 10 municipal underwriter."
Murrey will also join Baird as co-chair of the division's executive committee, which manages the practice of more than 180 bankers in 26 locations nationwide.
As the South Central region manager, Murrey oversees the division's largest team with bankers in Kentucky, Tennessee, South Carolina, Alabama, Mississippi, Louisiana, Arkansas and Illinois.
Murrey will remain an active banker serving existing clients in his new role, company officials said.
"Through the continued trust and confidence of our clients for their financing needs, our practice continues to grow nationally in scope," Murrey said. "I look forward to continuing to be a part of their success in the years to come."
Murrey and Baird are based in Memphis, Tenn.
In 2015, Raymond James was the nation's ninth-ranked senior manager with 820 deals valued at $16.55 billion, for a market share of 4.4%, according to Thomson Reuters data.
Raymond James Financial Inc. is a diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities.
The company said it has about 6,700 financial advisors serving 2.7 million client accounts. Total client assets are approximately $485 billion.