Board of Trustees

Richard Nesbitt

Trustee

Richard joined First Capital’s Board of Trustees in 2023. He is an Adjunct Professor of the Rotman School of Management, University of Toronto. Richard is now based in London, United Kingdom where he is working with the London School of Economics as Chair of a new research institute “The Inclusion Initiative at LSE”. His book (with Michael King) is titled “The Technological Revolution in Financial Services” (UTP 2020). In June 2017, Richard published a book (with Barbara Annis) titled “Results at the Top” on the issue of men’s responsibility for gender diversity to improve their organizations (Wiley 2017). Richard currently serves on several corporate boards and he works closely with a small number of companies building innovative businesses. He was CEO of CIBC World Markets and Chief Operating Officer of CIBC from 2008 to 2014. From 2004 to 2008 Richard was Chief Executive Officer of the Toronto Stock Exchange, having joined TSX as President of TSX Markets in 2001. Richard graduated from LSE with an MSC in Accounting and Finance in 1986, Rotman School of Management with an MBA 1985, and from Ivey Business School with an HBA 1978. In 2022 Richard completed the Institute of Corporate Directors 3 module course “Board Oversight of Climate Change”.