Board of Trustees

Richard Nesbitt


Richard joined First Capital’s Board of Trustees in 2023. He is Vice Chair of the Board of Trustees of OPTrust Pension Fund, Chair of the Audit Committee and Board member (Advisory) of Kruger Inc. and a member of the Advisory Board of Vision Capital Corporation. He is an Adjunct Professor at the Rotman School of Management (University of Toronto), Chair of The Inclusion Initiative, a research institute at the London School of Economics, United Kingdom (“LSE”) and a former Visiting Professor at the LSE. Mr. Nesbitt is also a co-founder and Managing Partner at KalNes Capital Partners, a private family office which makes various software, technology, and financial investments. Mr. Nesbitt has more than 30 years’ experience in financial services and most recently served as President and CEO of the Global Risk Institute (retired). He was the Chief Operating Officer of CIBC and Chief Executive Officer of CIBC World Markets, retiring in September 2014 after a 20-year career in securities, including CIBC Wood Gundy. From 2004 to 2008, Mr. Nesbitt was the Chief Executive Officer of the Toronto Stock Exchange Group. Mr. Nesbitt was awarded the 2019 Lifetime Achievement Award from Rotman School of Management. He has an M.Sc. from the London School of Economics, an MBA from Rotman School of Management and an HBA from the Ivey Business School, University of Western Ontario.