Richard E. Waugh , born in Winnipeg

Winnipeg

Winnipeg is the capital and largest city of Manitoba, Canada, and is the primary municipality of the Winnipeg Capital Region, with more than half of Manitoba's population. It is located near the longitudinal centre of North America, at the confluence of the Red and Assiniboine Rivers .The name...

, Manitoba

Manitoba

Manitoba is a Canadian prairie province with an area of . The province has over 110,000 lakes and has a largely continental climate because of its flat topography. Agriculture, mostly concentrated in the fertile southern and western parts of the province, is vital to the province's economy; other...

, is a Canadian

Canada

Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

 banking executive. He is currently the President and Chief Executive Officer

Chief executive officer

A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...

 of Scotiabank

Scotiabank

The Bank of Nova Scotia , commonly known as Scotiabank , is the third largest bank in Canada by deposits and market capitalization. It serves some 18.6 million customers in more than 50 countries around the world and offers a broad range of products and services including personal, commercial,...

. In 2007, he was appointed by government officials to offer views at the summit talks regarding business prospects in Latin America

Latin America

Latin America is a region of the Americas where Romance languages  – particularly Spanish and Portuguese, and variably French – are primarily spoken. Latin America has an area of approximately 21,069,500 km² , almost 3.9% of the Earth's surface or 14.1% of its land surface area...

. He holds an MBA and Honorary Doctor of Laws degree from York University

York University

York University is a public research university in Toronto, Ontario, Canada. It is Canada's third-largest university, Ontario's second-largest graduate school, and Canada's leading interdisciplinary university....

's Schulich School of Business

Schulich School of Business

The Schulich School of Business is York University's business school located in Toronto, Ontario, Canada, and is an internationally-ranked business school. Schulich offers undergraduate and graduate programs in business administration, finance, public administration and international business as...

. Waugh has advocated publicly for more transparent rules regarding foreign takeovers of Canadian businesses in 2010. Waugh was cited as having had the highest CEO pay rise of 29% in 2009; he earned C$9.7 million in 2009 including salary, bonus, and equity-linked compensation, according to Bloomberg News. He also sits on the boards of many philanthropic organizations. Mr. Waugh resides in Toronto

Toronto

Toronto is the provincial capital of Ontario and the largest city in Canada. It is located in Southern Ontario on the northwestern shore of Lake Ontario. A relatively modern city, Toronto's history dates back to the late-18th century, when its land was first purchased by the British monarchy from...

and is married with 3 children.

External links

• Profile of Richard E. Waugh at Scotiabank.com