Cliffside Capital Ltd. announced the appointment of Richard Valade, a senior executive in the financial services industry in Canada, to its Board of Directors. Mr. Valade is a senior executive with a track record of earnings and portfolio growth while improving corporate governance, risk controls and building a strong compliance culture at all levels of the organization. He has extensive experience in implementing best practices and successful business model changes and is a strategic thinker with a reputation for solving complex issues and building strong partnerships with lines of business, support functions and regulators. After a 29-year career with Wells Fargo he decided to retire at the end of 2020. Rick led the regional operations for Canada and Latin America since 2017 and has been instrumental in building Wells Fargo's footprint across Canada. As country head in 2011, he led the establishment of the Canada Branch of Wells Fargo Bank, N.A. in 2012. When Rick joined Wells Fargo in 1991, he served as president for Wells Fargo Financial Canada. Mr. Valade is a board member of X-Factor Foundation, chairman of the Association of Canadian Financial Corporations and is an advisory council member for First Canadian Title. Rick is a past cabinet member for the United Way of Peel.