Rob Baird has decided to step down from his leadership position at Raymond James Financial effective Oct. 1.
Baird, who was executive vice president and co-head of Public Finance/Debt Investment Banking, will remain at the firm as an active member of Public Finance.
Gavin Murrey, executive vice president and current co-head of Public Finance/Debt Investment Banking with Baird, will become the division's leader.
Baird has worked at Raymond James and the former Morgan Keegan throughout his 38-year career. He joined Morgan Keegan, which Raymond James acquired in 2012, as the firm's first full-time Public Finance banker in 1979 and led the division for more than 20 years.