Bank of Canadaās Macklem ā key player in Canadaās financial system ā named dean of 91³Ō¹Ļās Rotman School of Management
Tiff Macklem, a leader in national and international financial systems, has been named the new dean of the 91³Ō¹Ļās Rotman School of Management.
"I am thrilled to be joining the 91³Ō¹Ļ 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 Bankās role in promoting financial stability. In that role, he is also the Bankās chief operating officer and a member of its board of directors, overseeing strategic planning and coordinating the Bankās operations.
Macklem has also played a leading role in efforts to ensure stable financial systems worldwide through the Financial Stability Board.
āWe are delighted that Tiff Macklem is joining the 91³Ō¹Ļ as dean of the Rotman School,ā said Cheryl Regehr, 91³Ō¹Ļās vice-president and provost. āHe has vast experience managing large institutions, translating academic research into public policy and representing Canada on the world stage.ā
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 Canadaās 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 world.
Born in MontrĆ©al, Quebec, Macklem graduated from Queen's University in 1983 with a bachelorās degree in economics, and completed a masterās 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.