TORONTO, Dec. 5, 2013 /CNW/ - Tiff Macklem, a leader in national and
international financial systems, has been named the new dean of the
University of Toronto's Rotman School of Management.
"I am thrilled to be joining the University of Toronto and Rotman, both
of which are renowned for excellence in Canada and around the world,"
said Macklem. "This new role will allow me to bring together my public
policy and research experience to support students and to promote the
world-leading thinking that takes place at Rotman."
Macklem is currently senior deputy governor of the Bank of Canada,
sharing responsibility with the governor and four deputy governors for
monetary policy and the Bank's role in promoting financial stability.
In that role, he is also the Bank's chief operating officer and a
member of its board of directors, overseeing strategic planning and
coordinating the Bank's operations.
Macklem has also played a leading role in efforts to ensure stable
financial systems worldwide through the Financial Stability Board.
"We are delighted that Tiff Macklem is joining the University of Toronto
as dean of the Rotman School," said Cheryl Regehr, U of T's
vice-president and provost. "He has vast experience managing large
institutions, translating academic research into public policy and
representing Canada on the world stage."
In announcing the appointment, Provost Regehr thanked Professor Peter
Pauly, who has served as interim dean of the Rotman School since July 1
of this year and will continue in that role until July 1 of 2014, when
Macklem will take over for a five year term.
Prior to his appointment at the Bank, Macklem served as associate deputy
minister of the federal Department of Finance and Canada's finance
deputy at the G7 and G20. He also served as chair of the Standing
Committee on Standards Implementation of the Financial Stability
Board. In that role, he worked to establish an international system of
peer review to promote and assess the implementation of new financial
standards across the 24 most financially important countries in the
Born in Montréal, Quebec, Macklem graduated from Queen's University in
1983 with a bachelor's degree in economics, and completed a master's
degree and a PhD in economics at the University of Western Ontario. In
1984, he joined the Bank of Canada in the Department of Monetary and
Financial Analysis for one year. He returned to the Bank in 1989
following the completion of his PhD. Macklem occupied increasingly
senior positions in the Research Department (now Canadian Economic
Analysis) until his appointment as chief in January 2000. He was
appointed adviser to the governor in August 2003. In 2003-4, he was
seconded to the Department of Finance, returning to the Bank as a
deputy governor in December 2004. He re-joined Finance as associate
deputy minister in 2007.
SOURCE: University of Toronto Students' Union
For further information:
U of T Media Relations