Brian J. Porter

Brian J. Porter
Born	(1958-02-09) 9 February 1958 (age 67) Calgary, Alberta
Education	Dalhousie University (BCom 1980)
Occupation	Banker
Known for	President of the Bank of Nova Scotia 2012-2022
Spouse	Megan Anne Mustard ​ (m. 1986)​
Children	3

Brian Johnston Porter (born 9 February 1958) is a Canadian banker who served as the chief executive officer (CEO) of the Bank of Nova Scotia from 2013 to 2022. ^{[1] [2]}

Porter began his career in 1981 with the investment brokerage McLeod Young Weir, which was acquired in 1987 by the Bank of Nova Scotia. Over the ensuing decades he was appointed to a series of increasingly senior roles with McLeod and the bank. On 1 November 2012 he succeeded Richard Earl Waugh as the bank's president. He remained in the office until 1 December 2022, when he was succeeded by Lawren Scott Thomson.^{[ citation needed ]}

Early years and education

Brian Johnston Porter was born in Calgary on 9 February 1958 to Johnston Donald Porter and Shirley Ann Wight. Porter studied at Dalhousie University, where he graduated bachelor of commerce in 1980.

Career

Porter began his career in 1981 with the investment brokerage house McLeod Young Weir, and by 1986 had become a vice-president. In December 1987, McLeod Young Weir was acquired by the Bank of Nova Scotia and renamed ScotiaMcLeod. ^[1] In 1988, he was elected a director of ScotiaMcLeod and in 1990 became a senior vice-president. In 1996, he became managing director for institutional equities. Two years later, in 1998, he attended the Advanced Management Program at Harvard Business School. From 2005 to 2008, he was the bank's executive vice-president and chief risk officer, from 2008 to 2010 was group head of risk and treasury, and from 2010 to 2012 was group head of international banking. ^{[1] [3]}

On 1 November 2012, Porter succeeded Richard Earl Waugh to become the bank's president, ^[4] and on 1 November 2013 succeeded Waugh as chief executive officer. ^{[5] [6]} He held the office until December 2022, when he was succeeded by Lawren Scott Thomson. ^[7]

In 2023, Porter was appointed as the chair of the Ontario Infrastructure Bank. ^[8]

Personal life

On 24 May 1986, Porter married Megan Anne Mustard. They have three children.

References

1. "New CEO, new rules: Scotiabank enters the Brian Porter era". October 24, 2013 – via www.theglobeandmail.com.
2. "Biography - Brian J. Porter". The Canadian Club. Retrieved March 13, 2025.
3. Canadian Who's Who 2018, (Grey House Publishing, 2017), 825.
4. Boyd Erman, "Scotiabank makes Porter clear successor to Waugh; Chief of international banking named president," Globe and Mail, (31 October 2012).
5. Carolyn King, "Bank of Nova Scotia's Waugh to Retire; Porter to Become CEO," Wall Street Journal, (31 May 2013).
6. "Scotiabank CEO Rick Waugh to retire, President Brian Porter to succeed | Vancouver Sun".
7. Stefanie Marotta, "Meet Scotiabank's new boss, wildly different from the old boss," Globe and Mail, (26 October 2023).
8. "Former Scotiabank CEO Brian Porter named inaugural chair of the Ontario Infrastructure Bank". November 30, 2023 – via www.theglobeandmail.com.