MCAP Inc. announced the appointment of Peter Baksh, CFA, to the Board of Directors. Mr. Baksh will serve as an independent director and will be a member of the Audit Committee. Mr. Baksh is currently the Chief Investment Officer at the First National Bank of Mount Dora.

He received his MBA from the Kelly School of Business at Indiana University and BBA from the University of Florida. Mr. Baksh holds the CFA Charter and has served as a Board Member for the CFA Society of Orlando.