Richard Nesbitt, Senior Financial Executive, Joins the UofT’s Rotman School of Management

Toronto – A senior executive with a long and distinguished career in the financial services sector has joined the University of Toronto’s Rotman School of Management as a faculty member.

Richard Nesbitt, who most recently was Chief Operating Officer at CIBC, will be an adjunct professor at the Rotman School. In addition to continuing his role on the School’s Financial Services Advisory Board, he will collaborate with faculty and students in all of the School’s programs as a teacher, mentor and researcher. His passionate engagement in the advancement of women in management makes him an ideal champion of diversity initiatives in the School. He will be based in the School’s Desautels Centre for Integrative Thinking, where he will take a lead role in an exciting new initiative, the Mind-Brain-Behaviour Hive, which is exploring the neurological foundations of learning and managerial decision making.

“Richard has been deeply engaged in many aspects of Canada’s corporate and public life,” says Tiff Macklem, Dean of the Rotman School. “Our students and faculty will greatly benefit from having access to his expertise and we are looking forward to his contributions to the Rotman community in the coming years.”

This month, Nesbitt retired from CIBC, where as Chief Operating Officer where he was responsible for the global operations of Wholesale Banking, Technology and Operations, Strategy and Corporate Development, CIBC's International Operations, including CIBC FirstCaribbean International Bank, and Treasury. He joined CIBC in 2008 following more than 20 years of experience in the securities industry. From 2004 to 2008, Nesbitt was Chief Executive Officer of TSX Group having joined TSX as President of TSX Markets in 2001. Prior to that in 2001, he served as President and Chief Operating Officer of BayStreetDirect Inc., an Internet based investment dealer. Before that he was President and Chief Executive Officer of HSBC Securities Canada for three years, after having worked for 10 years at CIBC Wood Gundy. He has also worked with Mobil Oil Canada Ltd., for five years and spent two years as a Lecturer at the Richard Ivey School of Business at Western University.

Nesbitt holds a MSc in Accounting and Finance from the London School of Economics and Political Science, an MBA from Rotman School of Management and a BA (Honours) in Business Administration from Western University’s Richard Ivey School of Business. He is an Advisory Committee member on the Women in Capital Markets Advisory Council, Chair of the Finance Committee for Pan Am Games 2015, a member of the Rotman Financial Services Advisory Board, a member of the SickKids Foundation Board of Directors, and a member of the London School of Economics North American Advisory Board.

For more information about the Rotman School, visit www.rotman.utoronto.ca.

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