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Cedric Ritchie

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Cedric Ritchie
Born(1927-08-22)22 August 1927
Died20 March 2016(2016-03-20) (aged 88)
Spouse
Barbara Binnington
(m. 1956)

Cedric Elmer Ritchie, OC (August 22, 1927 – March 20, 2016) was a Canadian businessman and chairman and CEO of The Bank of Nova Scotia.[1] He was also chairman of the Business Development Bank of Canada since 2001.

Career

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At age 17, Ritchie, the son of a potato farmer, began working as a teller in The Bank of Nova Scotia's Bath, New Brunswick branch. In 1958, he became assistant branch manager in Toronto and chief general manager in 1970.[2]

Honours

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In 1981, he was made an Officer of the Order of Canada in recognition of "his wide knowledge of banking and commerce".[1] He was inducted into the Canadian Business Hall of Fame in 2000.

Election to board of directors

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In 2003, he was appointed to the Board of Directors of Twin Mining Corporation. He is also a member of the Board of Director of Canada Post.

Honorary degrees

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  • LL.D., St. Francis Xavier University, December 1979
  • LL.D., Dalhousie University, May 1983
  • LL.D., Queen's University, June 1984
  • LL.D., University of New Brunswick, October 1985
  • LL.D., Mount Allison University, October 1986

Awards

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References

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  1. ^ Kiladze, Tim (March 21, 2016). "Former Bank of Nova Scotia head Cedric Ritchie dies at 88". The Globe and Mail. Retrieved March 21, 2016.
  2. ^ "Scotiabank head enjoys Far East expansion". Montreal Gazette. February 6, 1973. Retrieved March 22, 2016.
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