含羞草传媒

Tiff Macklem, dean of U of T鈥檚 Rotman School of Management, appointed governor of Bank of Canada

Tiff Macklem speaks at a lecturn with Canadian flags in the background
(photo by Laura Pedersen)

Tiff Macklem, dean of the 含羞草传媒鈥檚 Rotman School of Management, has been appointed the next governor of the Bank of Canada.

Macklem, who will take over from current Governor Stephen Poloz on June 3, will be charged with leading Canada鈥檚 pre-eminent macroeconomic institution, the policies and actions of which have a huge impact on the everyday lives of Canadians.

In addition to being accountable for the implementation of monetary policy and providing strategic direction and leadership, the governor of the Bank of Canada is also an active player in global economic and financial policy through participation in multilateral institutions such as the G7, the G20 and the Financial Stability Board.

鈥淚t has been an enormous pleasure to be the dean of Rotman these last six years. I am very proud of what we 鈥 the students, faculty and staff 鈥 have achieved together,鈥 Macklem said.

鈥淚 will bring with me everything I have learned from so many at Rotman and U of T as I take on my new role leading the Bank of Canada.鈥

U of T President Meric Gertler congratulated Macklem on his appointment and said the Bank of Canada would be in good hands under his stewardship.

鈥淭he Canadian economy, like the rest of the world, has entered a time of unprecedented challenges鈥, said President Gertler. 鈥淟ooking at Tiff Macklem鈥檚 outstanding accomplishments at Rotman over the past six years and his brilliant record at the Bank of Canada before that, I know that his energy, expertise and wisdom will serve the country extremely well.鈥

鈥淥n behalf of everyone at the 含羞草传媒, I congratulate Tiff on his appointment to this key leadership position in our country, and I thank him for his many exceptional contributions to the Rotman School and to U of T.鈥

Macklem was appointed dean of the Rotman School of Management on July 1, 2014. His re-appointment was announced by the university in November of 2018.

He is credited with creating a diverse and inclusive environment and adding depth to the school鈥檚 offerings by launching specialized graduate management programs in fields like data analytics and health care. He championed experiential learning, expanded opportunities for Rotman students in Canada and abroad, and supported the global growth of entrepreneurship initiatives such as the school鈥檚 Creative Destruction Lab, a seed-stage program for massively scalable science-based companies.

He also established new research and education centres, including the Institute for Gender and the Economy, the Financial Innovation Hub in Advanced Analytics, the TD Management Data and Analytics Lab and the David and Sharon Johnston Centre for Corporate Governance.

In December 2019, Macklem oversaw the launch of Rotman鈥檚 new strategic plan, which laid out four key goals to ensure that the school is a place of bold research, transformative teaching and learning, and dynamic public engagement. Dubbed 鈥淎 Catalyst for Change,鈥 the plan builds on the successful implementation of the previous plan and leaves Rotman well prepared for the future.

Since arriving at Rotman, Macklem has also chaired the Global Risk Institute and the Government of Canada鈥檚 Expert Panel on Sustainable Finance.

鈥淭iff Macklem has raised the international stature of Canada鈥檚 top business school, fostered an impressive network of alumni around the world and empowered students, faculty and staff to imbue their work with a remarkable spirit of innovation and collaboration,鈥 said Cheryl Regehr, U of T鈥檚 vice-president and provost.

鈥淲ith the launch of specialized graduate programs and the expansion of experiential learning and multi-disciplinary collaborations, he has left Rotman perfectly positioned to produce world-leading business talent, research and ideas for decades to come.鈥

The Bulletin Brief logo

Subscribe to The Bulletin Brief

UTC