SCOTIABANK - Key Persons
Job Titles:
- Chairman of the Board
- Member of the Corporate Governance Committee
- Member of the Risk Committee
- Financial Expert
Aaron Regent is Chair of the Board of Scotiabank. He is the Founder, Chairman, and Chief Executive Officer of Magris Performance Materials Inc., a leading North American performance materials company. He was President and Chief Executive Officer of Barrick Gold Corporation from January 2009 to June 2012. Previously, Mr. Regent was Senior Managing Partner of Brookfield Asset Management, Co-Chief Executive Officer of the Brookfield Infrastructure Group, an asset management company, and President and Chief Executive Officer of Falconbridge Limited. Mr. Regent holds a B.A. from the University of Western Ontario. He is a Chartered Accountant and a Fellow of CPA Ontario.
Job Titles:
- Executive Vice President and Country Head, Scotiabank Mexico
Job Titles:
- Executive Vice President, Canadian Wealth Management
Job Titles:
- Manager, Customer Experience
Job Titles:
- Executive Vice President, Finance and Strategy
Job Titles:
- Executive Vice President, Caribbean & Central America ( CCA )
Job Titles:
- Group Head, Canadian Banking
Job Titles:
- Corporate Director
- Member of the Corporate Governance Committee
- Chairman ( Financial Expert )
Benita Warmbold is a corporate director and the former Senior Managing Director and Chief Financial Officer of the Canada Pension Plan ("CPP") Investment Board, having retired from the latter in July 2017. Over her nine years at CPP Investment Board, Ms. Warmbold was responsible for finance, risk, performance, tax, internal audit, legal, technology, data, and investment operations. Prior to joining the CPP Investment Board in 2008, Ms. Warmbold held senior leadership positions with Northwater Capital, Canada Development Investment Corporation, and KPMG. She is Chair of the Canadian Public Accountability Board. Ms. Warmbold holds a B.Comm. (Honours) from Queen's University and is a Chartered Professional Accountant and a Fellow of CPA Ontario. Ms. Warmbold is a Fellow of the Institute of Corporate Directors and is a WXN Hall of Fame inductee.
Job Titles:
- Regional Director & Treasurer - Caribbean Treasury Limited
Job Titles:
- Chairman of the Corporate Governance Committee
- Corporate Director
- Director Independence Standards
- Member of the Risk Committee
Calin Rovinescu is a corporate director and a venture capital investor and senior advisor to several corporations. He served as President and Chief Executive Officer of Air Canada from April 2009 until his retirement on February 15, 2021 and held other senior roles at Air Canada from 2000 to 2004. From 2004 to 2009, Mr. Rovinescu was a Co-Founder and Principal of Genuity Capital Markets, an independent investment bank. Prior to 2000, he was the Managing Partner of the law firm Stikeman Elliott in Montreal. He is also a Senior Advisor to Brookfield Asset Management Inc. and Teneo. Mr. Rovinescu holds Bachelor of Law degrees from L'Université de Montréal and the University of Ottawa and has been awarded six Honorary Doctorates from universities in Canada, Europe, and the United States. In 2016, Mr. Rovinescu was recognized as Canada's Outstanding CEO of the Year by Financial Post Magazine. In 2019, he was recognized by the Globe and Mail's Report on Business Magazine as Strategist of the Year and as Canada's Outstanding CEO of the Year for the second time. Mr. Rovinescu is a member of the Order of Canada and was inducted into the Canadian Business Hall of Fame in 2021.
Job Titles:
- Executive Vice President, Global Business Payments
Job Titles:
- Corporate Director
- Member of the Corporate Governance Committee
- Member of the Risk Committee
Daniel (Don) Callahan is a corporate director and serves as the Non-Executive Chairman of Time USA, LLC. From 2007 until his retirement in December 2018, Mr. Callahan held several officer roles at Citigroup, including most recently as Citigroup's Chief Administrative Officer and Global Head of Operations, Technology and Shared Services. Prior to joining Citigroup, Mr. Callahan held various senior executive positions at Morgan Stanley and Credit Suisse. Earlier in his career, he spent 12 years at IBM, where he held a number of management positions, including Director of Strategy for IBM Japan. Mr. Callahan holds a B.A. in history from Manhattanville College, where he serves as Trustee Chair Emeritus.
Job Titles:
- Co - Head, Corporate Investment Banking
As Co-Head, Global Investment Banking and Canadian & U.S. Corporate Banking at Scotiabank, Dany is responsible for Global Investment Banking across all industry groups, Canadian & U.S. Corporate Banking, Merger and Acquisition activities and Equity Capital Markets.
Dany joined Scotiabank in 2003 and has held progressively more senior roles within Global Investment Banking. He was, most recently, Managing Director and Co-Head, Global Investment Banking and previously Co-Group Head, Diversified Industries. Over the course of his career with Scotiabank, he has held roles in our Derivatives, Structured Finance, Canadian and U.S. Debt Capital Markets and Corporate Banking teams.
Prior to joining Scotiabank, Dany spent five years with Pratt & Whitney Canada working as an aerospace engineer.
Dany holds a Master of Business Administration from Harvard Business School where he graduated with "Distinction", a Master of Aerospace Engineering from McGill University and a Bachelor of Mechanical Engineering from McGill University.
Job Titles:
- Senior Manager, Human Resources Business Partner
Job Titles:
- Senior Vice President, Internal Control, Global Banking and Markets
Derek Pattison was named Senior Vice-President, Internal Control, Global Banking and Markets at Scotiabank in February 2020. In this role, Derek is responsible for the management of all core non-financial risk deliverables across our footprint, including support for audit, compliance, enterprise risk, and anti-money laundering initiatives.
Derek joined Scotiabank in 2005 and has held a number of progressively senior roles, including Managing Director, Wealth Management Operations & Regulatory Solutions, Vice-President, International Wealth & Insurance Compliance, Vice-President & Head of Wealth Management in The Bahamas & Cayman Islands, Vice-President, Anti-Money Laundering, Canadian Banking, and Senior Vice-President, AML Controls, Global Banking and Markets. Prior to joining Scotiabank, Derek was a lawyer in the financial services industry.
Derek holds a BA in Economics and an LLB from Western University. He was called to the Ontario Bar in 2002.
Job Titles:
- Executive Vice President and Country Head, Scotiabank Chile
Job Titles:
- Global Marketing and Sponsorships
Job Titles:
- Chief Financial Officer, Bahamas & TCI
Job Titles:
- Group Head, International Banking
Job Titles:
- Executive Vice President, President and CEO, Tangerine
Job Titles:
- Director, Corporate & Commercial Banking
Job Titles:
- Chairman of the Risk Committee
- Managing Partner of Atik Capital
Guillermo Babatz is the Managing Partner of Atik Capital, S.C., an advisory firm that specializes in structuring financial solutions for its clients. Previously, he was the Executive Chairman of Comision Nacional Bancaria y de Valores in Mexico from July 2007 to December 2012. Mr. Babatz holds a B.A. in economics from the Instituto Tecnologico Autonomo de Mexico in Mexico City and a Ph.D. in economics from Harvard University.
Ian Arellano - Chief Legal Officer, EVP
Job Titles:
- Executive Vice President
- General Counsel
Job Titles:
- Group Head, Global Wealth Management
Job Titles:
- Chief Human Resources Officer
Job Titles:
- Co - Head
- Co - Head, Corporate Investment Banking
Jim Kelly joined Scotiabank as Co-Head, Global Investment Banking and Canadian & U.S. Corporate Banking in January 2021. In this role, he is responsible for Global Investment Banking across all industry groups, Canadian & U.S. Corporate Banking, Merger and Acquisition activities and Equity Capital Markets.
Jim brings over 30 years of U.S.-based corporate and investment banking experience and has delivered client solutions in all major geographies. He joined Scotiabank from HSBC, where over the prior 16 years, he held a number of increasingly-senior positions in the Global Banking group, most recently serving as the Head of Corporate Banking for North America. Prior to joining HSBC, he led client teams in the Investment Banking Groups at Merrill Lynch and Morgan Stanley.
Jim holds a BA from Lafayette College and an MBA from the Fuqua School of Business at Duke University.
Job Titles:
- Executive Vice President, Retail Sales
Job Titles:
- Chief Marketing Officer
- Senior Vice President
Laura Curtis Ferrera, a chartered marketer, currently holds the position of SVP and Chief Marketing Officer. Since joining Scotiabank in February 2015, Laura has had an integral role in strategic marketing of the brands within her portfolio domestically and abroad, including the launch of Scotia Wealth Management.
Within the Global Business Banking portfolio, she has been working to create a consistent client promise and brand experience across all business banking units including notably the launch of the Scotiabank Women Initiative TM.
Prior to joining Scotiabank, Laura's prospecting strategies helped Macquarie Private Wealth double their national network of advisors and she developed a comprehensive suite of marketing support resources and services to assist those advisors to serve clients and build revenues. Laura's boutique marketing team won top ranking for advisor support among all national independent investment firms in Canada in the Investment Executive Brokerage Report Card in 2010, 2011, 2012, 2013 and again in 2014.
Laura's marketing interests extend beyond her role at Scotiabank. She is a former member of the Board of Directors of the Canadian not-for-profit Children's Aid Foundation and currently a member of the Duke of Edinburgh Board of Governors in Canada.
Job Titles:
- Executive Vice President, Global Operations
Job Titles:
- Senior Vice President and Chief Financial Officer for Global Banking and Markets and Group Treasury
- Senior Vice President and Chief Financial Officer, Global Banking and Markets
Love Mital is the Senior Vice President and Chief Financial Officer for Global Banking and Markets and Group Treasury at Scotiabank. Love assumed this leadership role in 2019, responsible for financial strategy and planning and analysis in support of business strategies, plans and initiatives in compliance with regulations, internal policies, and procedures.
Love is an accomplished Finance professional with over 20 years of experience at Scotiabank. He joined the Finance team at Scotiabank in 1997 as a Senior Manager and has held progressively more senior positions including Vice President, Accounting Policies and Procedures, Vice President, Comptroller for Global Banking and Markets and as Vice President, Global Financial Planning and Analysis. Prior to joining Scotiabank, Love worked at Ernst & Young.
Love holds an Honours Business Administration degree from the University of Western Ontario. In addition, he received both a Chartered Professional Accountant (CPA, CA) and Chartered Financial Analyst (CFA) designation.
Job Titles:
- Corporate Director
- Member of the Risk Committee
Lynn Patterson is a corporate director and served as Deputy Governor of the Bank of Canada ("BoC") from May 2014 until her retirement from the BoC in July 2019. In this capacity, she was one of two deputy governors responsible for overseeing the BoC's analysis and activities promoting a stable and efficient financial system. Prior to this, Ms. Patterson served as Special Adviser to the Governor and Senior Representative (Financial Markets) at the BoC's Toronto Regional Office. Prior to joining the BoC, Ms. Patterson was President and Country Head for Bank of America Merrill Lynch Canada. She is a recipient of the Diamond Jubilee Medal as a builder and innovator in Canada's investment industry. Ms. Patterson received an honours degree in Business Administration from the University of Western Ontario and is a Chartered Financial Analyst.
Job Titles:
- Chief Auditor
- Executive Vice President
Job Titles:
- Schilter ( Chairman of the Board )
Job Titles:
- Managing Director and Head, Human Resources, Global Banking and Markets
Martha was appointed Managing Director and Head, Human Resources, Global Banking and Markets in September 2022. In this role, Martha is accountable for the design and execution of the GBM people strategy globally to drive superior business outcomes.
Martha is also responsible for the Human Resources function in the U.S. region, which she has led since joining Scotiabank in September 2020. Her leadership has resulted in a strategy that is aligned to the aggressive growth agenda in the region through a client-centric and people-focused approach.
Prior to joining Scotia, Martha held a number of senior leadership roles in Human Resources and Leadership Development at Raymond James, Bank of America/Merrill and Nortel Networks.
Martha earned her Master of Science degree in Human Resource Development from Villanova University and has a Bachelor of Arts (Honors) in Sociology from Queen's University in Kingston, Ontario. She is SPHR (Senior Professional in Human Resources) certified.
Martha is on the Board of Directors of Camp Boggy Creek - a Paul Newman Foundation camp for seriously ill children, and part of the Glynn 100.
Job Titles:
- Executive Vice President
- Group Treasurer
Job Titles:
- Member of the Corporate Governance Committee
- President & Chief Executive Officer of Empire Company Limited
Michael Medline has served as President & Chief Executive Officer of Empire Company Limited and Sobeys Inc. since January 2017. Mr. Medline is a proven leader with a strong track record of success in Canadian retail. Prior to his role at Empire, he also held senior retail leadership positions at Canadian Tire Corporation, including President & Chief Executive Officer. He began his career working with the Ontario Securities Commission, followed by two years practicing law with McCarthy Tétrault. He was Corporate Counsel for PepsiCo Canada before moving to Abitibi Consolidated Inc. where he held a variety of roles including Senior Vice President, Strategy and Corporate Development. Mr. Medline serves on the Board of Trustees for the Hospital for Sick Children. He is a board member of The BlackNorth Initiative, the Grocery Foundation, Huron University College at Western University, and The Sobey Foundation. He is former Chair of the Retail Council of Canada and the Grocery Foundation and was on the Board of SickKids Foundation and the Board of Governors for Canada's Sports Hall of Fame. Mr. Medline holds an M.B.A. from Raymond A. Mason School of Business, William & Mary, an LL.B. from the University of Toronto, and a B.A. from Huron University College at Western University.
Job Titles:
- Corporate Director
- Member of the Corporate Governance Committee
Michael Penner is a corporate director and an Advisory Partner of Partners Group AG, a Swiss-based global private equity firm. In this capacity, he serves as the Chairman of Partners Group Canada, as well as Chair of several Partners Group portfolio companies, including United States Infrastructure Corporation, Enfragen Renewable Energy, and Careismatic Brands, Inc. Mr. Penner was Chair of the Board of Directors of Hydro-Quebec from 2014 to 2018. He was previously the President and Chief Executive Officer of Peds Legwear Inc. prior to its acquisition by Gildan Activewear Inc. in August 2016. Mr. Penner was instrumental in establishing the "Michael D. Penner Institute on ESG", a multidisciplinary program supporting in-depth research into environmental, social, and governance issues at L'Université de Montréal. He has also served on the Board of Directors of ICD Quebec, Les Grands Ballets Canadiens de Montréal, and Selwyn House School. Mr. Penner holds a B.A. from McGill University and a J.D. from Hofstra University in New York.
Job Titles:
- Interim Global Head, Corporate and Investment Banking and Head, GBM
In February 2024, Scotiabank appointed Michael Kruse as Interim Global Head, Corporate and Investment Banking in addition to his role as Head of Global Banking and Markets in the U.S. In this expanded role, he leads Corporate and Investment Banking business across all industry groups, Canadian & U.S. Corporate Banking, Merger and Acquisition activities and Equity Capital Markets and has responsibility for the overall strategic direction and execution of Scotiabank's Global Banking and Markets business across the U.S.
Prior to joining Scotiabank, Michael was Co-Head of Global Banking for the Americas at Standard Chartered. Based in New York, he oversaw the management of wholesale clients across six different industry segments. Michael joined Standard Chartered in 2013 and was previously based in their San Francisco office. There, he was Head of North American Coverage for the Technology, Media & Telecom ("TMT") segment and Head of the San Francisco Branch.
Before joining Standard Chartered, Michael was with J.P. Morgan Chase for 14 years, most recently as a Managing Director in the TMT segment in San Francisco. He was a founding member of the Global Corporate Bank and led numerous financings during his tenure at the firm.
Michael started his career in leverage finance at Comerica Bank, where he worked for 5 years. He holds an MBA and Bachelor's in Finance.
Job Titles:
- Group Head, Technology and Operations
Job Titles:
- Director, Human Resources
Job Titles:
- Director, Business Support
Job Titles:
- Senior Manager, Business Support
Job Titles:
- Executive Vice President, Global Asset Management
Nicole Frew - Chief Compliance Officer, EVP
Job Titles:
- Chief Compliance Officer
- Executive Vice President
Job Titles:
- Chairman of the Risk Committee
- Member of the Corporate Governance Committee
Job Titles:
- Executive Vice President, Finance and Chief Financial Officer, Canadian Banking
Job Titles:
- Global Head, Capital Markets, Global Banking and Markets
In his role as Managing Director and Global Head of Fixed Income, Currencies and Commodities, Paul has global management responsibilities for Trading, Sales & Debt Capital Markets. He was appointed to this position in May 2021.
Prior to joining Scotiabank, Paul spent nearly 20 years at a Global Investment Bank in both Toronto and New York. In that time, he held a variety of leadership positions across Fixed Income, Foreign Exchange & Equities. He sat on both the Equity and Fixed Income Management Committees.
Paul completed his HBA at the Richard Ivey School of Business which included a stint at the Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM).
Job Titles:
- Senior Vice President and Head, UK & Ireland
Peter is responsible for the regional management of Scotiabank's wholesale banking operations in Europe and is CEO of our Europe subsidiary. These operations include corporate and investment banking and global markets sales and trading. Most recently, Peter led Scotiabank's wholesale operations in Asia and Australia. Prior to joining Scotiabank in 2015, Peter held global and regional coverage, credit and product roles at both U.S. and European banks. Over his career, he has been based in North America, Europe and Asia.
Peter holds an MBA from Concordia University, a Master of Economics degree from The University of Western Ontario and a Bachelor of Arts degree in Economics from Bishop's University.
Job Titles:
- Chief Risk Officer
- Group Head
Job Titles:
- Board Member of the Investment Industry Association of Canada
- Global Head, Equities
Pruyn's responsibilities focus on global equity, which includes Scotiabank's global presence in institutional equity sales and trading, equity derivatives, prime services and equity research. Since joining Scotiabank in 1998, Pruyn has held progressively senior roles within the capital markets business. He currently chairs the Diversity and Inclusion Steering Committee within Global Banking and Markets and has previously served as a Director of the Investment Industry Regulatory Organization of Canada (IIROC).
Pruyn is currently a board member of the Investment Industry Association of Canada and the Children's Aid Foundation of Canada, as well as a member of the SickKids Campaign Cabinet.
He holds an Honours Bachelor of Business Administration degree from Wilfrid Laurier University and is a CFA Charterholder.
Job Titles:
- Chief Financial Officer
- Group Head
Job Titles:
- Director, Legal & Corporate Affairs
Job Titles:
- Director, Corporate and Commercial Banking
Job Titles:
- Member of the Risk Committee
Job Titles:
- Chief Operating Officer
- Senior Vice President
- Senior Vice President and Chief Operating Officer for Global Banking
Sarah Patel was appointed Senior Vice President and Chief Operating Officer for Global Banking and Markets in January 2024. In this role, she is responsible for the day-to-day operations of Global Banking and Markets, developing and implementing strategy and priority business and regulatory initiatives as well as all global client and business analytics.
Sarah joined Scotiabank in the Bank's UK office in January 2017 and, since that time, has held a number of increasingly senior transformation roles within GBM, from Compliance Advisory, Regulatory Initiatives and more recently as Global Head of Business Transformation. She transferred to the Bank's Toronto office in 2017 as Vice President, Global Head of Regulatory Initiatives. Through her roles, Sarah has played an integral role in critical transformation projects at Scotiabank including: leading the Bank through the transition away from LIBOR, managing a program of work to respond to enhanced Swap Dealer supervision and leading a program of business modernisation.
Prior to joining Scotiabank, Sarah held an executive role at UBS, leading regulatory initiatives, and led data change and other initiatives for European Banks as a management consultant.
She holds a Bachelor of Economics from Newcastle University in England.
Job Titles:
- Member of the Corporate Governance Committee
Job Titles:
- Chief Executive Officer
- President
- Role of President
Scott Thomson assumed the role of President of Scotiabank on December 1, 2022, and became President and CEO of the Bank on February 1, 2023. Mr. Thomson has been a member of the Scotiabank Board of Directors since 2016. Prior to joining Scotiabank, Mr. Thomson was the President and CEO of Finning International Inc., the world's largest dealer of Caterpillar equipment and engines across diverse industries in the Americas and Europe. Mr. Thomson has also held a number of senior executive positions including Chief Financial Officer of Talisman Energy Inc. and Executive Vice President, Corporate Development at Bell Canada Enterprises (BCE). Prior to his tenure at BCE, Mr. Thomson was a Vice President at Goldman Sachs. Mr. Thomson holds a B.A. in economics and political science from Queen's University and an M.B.A. from the University of Chicago.
Job Titles:
- Director, Retail & Business Banking Risk
Job Titles:
- Executive Vice President, Canadian Business Banking
Job Titles:
- Senior Vice President
- Senior Vice President, International Corporate and Commercial Banking
Stephen Guthrie was appointed Senior Vice President, International Corporate and Commercial Banking at Scotiabank in June 2021. In this role, he is responsible for defining and implementing the strategic direction and execution of key initiatives in Scotiabank's International Corporate and Commercial Banking business lines in Latin America and the Caribbean.
Stephen joined Scotiabank in Chile in 2000 and has, over the course of his career with the Bank, held a number of increasingly senior corporate and commercial banking leadership roles in Canada and the Pacific Alliance countries. He was, most recently, Senior Vice President and Head, Wholesale Banking for Scotiabank in Chile for six years. Previously, Stephen held senior leadership Corporate and Commercial banking roles in Central and Latin America and was Vice President and Head of Corporate Finance for Latin America.
Prior to joining Scotiabank, Stephen worked in Corporate and Investment Banking at another major Canadian financial institution, initially with responsibility for emerging markets within Europe, Middle East, and Africa and ultimately in Argentina, Peru and Chile.
Stephen holds a Bachelor of Commerce (Hons.) degree from Queen's University and is a Chartered Financial Analyst (CFA). Stephen resides in Toronto. He is married with three children.
Job Titles:
- Executive Vice President, Chief Information Security Officer and Enterprise Platforms
Job Titles:
- Executive Vice President, Internal Data Protection Management
Job Titles:
- Executive Vice President, Retail Customer
Job Titles:
- Executive Vice President, Direct Channels and Enablement
Job Titles:
- Member of the Risk Committee
Job Titles:
- Member of the Risk Committee
- Financial Expert
Job Titles:
- Senior Vice President and Head, Asia Pacific
Walter is responsible for the regional management of Scotiabank's operations in Asia Pacific. Walter joined Scotiabank in 1998 and has progressed through various positions in finance and corporate development. Most recently, Walter was Chief Operating Officer and Chief Financial Officer for Global Banking and Markets, Asia Pacific. In 2014, he assumed the position of Vice President, Chief Financial Officer and Corporate Development, Asia Pacific, located in Hong Kong.
Walter holds a Master of Arts degree in Economics and Business Administration from Vrije Universiteit, and a Bachelor of Commerce degree in Economics from Hogeschool voor Economische Studies in Amsterdam, The Netherlands.