Paying Tribute to Excellence in
Canada’s Investment Industry

The Investment Industry
Hall of Fame Inductees

/  2020

 
 
 
 
 

Maureen Jensen

Maureen Jensen
 
 

Robert Krembil

Robert Krembil
 
 

Daniel Sullivan

Daniel Sullivan
 

Timothy Noël

Timothy Noël
 

Brian Steck

Brian Steck
 

About the Investment
Industry Hall of Fame

The Investment Industry Hall of Fame provides a platform to pay tribute to the talent and integrity of professionals in Canada’s investment industry. These individuals are being recognized for their outstanding achievement in their professional and personal lives. They have given much to the investment industry and capital markets, and given back much to their communities and to Canada. It is fitting that these highly accomplished trailblazers join the distinguished list of past Inductees who have set such a high standard of excellence, innovation and social responsibility.

- Ian Russell, IIAC President and CEO

2021 Investment Industry Hall of Fame Virtual Gala and Induction Ceremony

Thursday, October 28, 2021

 

The Investment Industry Hall of Fame honours excellence, integrity and leadership in Canada's investment community. The 2020 Inductees will be honoured on Thursday, October 28, 2021.

Get your tickets here.

 

The Selection Committee

 

 

 

The Inductees were chosen by members of the Investment Industry Hall of Fame Selection Committee, a group of distinguished Canadians who work, or have worked, in politics, the law, academia, business and the investment industry. Members of the Investment Industry Hall of Fame Selection Committee are (right):

 

To request complete biographies for members of the Selection Committee, please click here.

Lynn Patterson, CFA , ICD.D (Selection Committee Chair)

 

 

Former Deputy Governor,
Bank of Canada,
Toronto, ON

Donald Black, C.M., S.O.M., LL.D.

 

 

Managing Director,
TD Greystone Asset Management,
Regina, SK

J. Colin Dodds

 

 

President Emeritus,
Professor of Finance,
Saint Mary's University
Halifax, NS

Clément Gignac

 

 

Chief Economist,
Industrial Alliance Investment Management Inc.,
Quebec, QC

Donald K. Johnson, O.C., LL.D.

 

 

Member, Advisory Board,
BMO Capital Markets,
Toronto, ON

Sue Lemon, CFA

 

 

Chief Executive Officer,
CFA Society Toronto,
Toronto, ON

2020 Inductee Biographies

 

 

Maureen Jensen

Maureen Jensen
Past-Chair, Ontario Securities Commission

Maureen Jensen has been a leader in the investment industry and securities regulation for more than 20 years. She is the Past Chair and Chief Executive Officer of the Ontario Securities Commission (OSC). As the first woman to lead the OSC, Maureen demonstrated that she is a fierce advocate for investor protection and a champion for reducing regulatory burdens on businesses.

Maureen served as the Executive Director and Chief Administrative Officer of the OSC from 2011-2016, prior to her appointment as its Chair and CEO and served from 2016-2020. Before joining the OSC, Maureen was Senior Vice-President, Surveillance and Compliance at the Investment Industry Regulatory Organization of Canada (IIROC) from 2008-2011.

Prior to the formation of IIROC in 2008, Maureen was President and CEO of Market Regulation Services Inc., the independent national market regulation services provider for Canadian equity markets. Maureen has also held senior regulatory and business positions at the Toronto Stock Exchange, and had a career in the mining industry, holding both executive and technical management positions with several resource companies. Maureen is a Registered Professional Geoscientist (P. Geo), holds the ICD.D designation from the Institute of Corporate Directors and has a Doctor of Laws (Honoris Causa). In the mid-1990s, she played an instrumental role on the Mining Standards Task Force, established by the Toronto Stock Exchange and the OSC to improve mining reporting standards.

She has given back to her community in many ways through a lifetime of volunteer and charitable work, and continues to contribute as Vice Chair, Board of Directors at the Toronto Centre for Global Leadership in Financial Supervision, and as Vice Chair, Board of Trustees, at the Royal Ontario Museum. She also recently joined Franco-Nevada Corporation as a board member and FINRA as a public governor. Maureen previously held roles as a board member for Trillium Health Centre; a founding councilor, later President, of the Association of Professional Geoscientists of Ontario; director of the Prospectors and Developers Association of Canada, and as a publicly-appointed councilor of Professional Engineers Ontario.

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Robert KrembilPhoto credit: Tim Fraser

Robert Krembil
Co-founder, Trimark Financial Corporation

Robert Krembil has over 50 years' experience as an investment analyst and portfolio manager. He and his partner co-founded Trimark in 1981 and exhibited legendary entrepreneurial talent by taking Trimark from a start-up operation to a multi-billion dollar investment management firm. Robert was Chairman and CEO of Trimark Financial Corporation prior to the sale of the company to AMVESCAP (now Invesco) in 2000. He is a founding partner and Director of EdgePoint Investment Group, Chairman of The Krembil Foundation, and a member of the Dean's Advisory Council for the Schulich School of Business.

Through The Krembil Foundation, Robert began investing in student scholarships at Schulich in 2001. More than 106 Krembil Scholars have benefited from this visionary support. More recently, The Krembil Foundation funded the Center of Excellence in Health Management and Leadership at the Schulich School of Business.

Other philanthropic interests include the Krembil Brain Institute at Toronto Western Hospital (UHN) and the Krembil Center for Neuroinformatics at CAMH. The Krembil Foundation’s continuing focus is primarily on funding basic research in neurodegeneration and diseases of the immune system.

Robert Krembil was educated at the University of Saskatchewan, B.A., York University, M.B.A and The Institute of Chartered Financial Analysts, CFA, 1971. He received a Doctor of Laws (honoris causa), from York University in 2000, and he became a Member of the Order of Canada in 2005.

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Daniel Sullivan

Daniel Sullivan
Former Vice-Chairman, Scotia Capital Inc. and Former Chairman, Toronto Stock Exchange

Daniel Sullivan recently completed a four-year appointment as Consul General for Canada in New York, following a distinguished career in the financial services sector. He is the former Deputy Chairman of Scotia Capital Inc., where he had a successful 39-year career. Among his many successes in investment banking, Daniel developed the capital market financing of commercial real estate. From 1999 to 2002, Daniel served as Chair and Director of The Toronto Stock Exchange and helped to oversee the demutualization of Canada’s largest and most important Exchange. He was also the Chair of the Investment Dealers Association of Canada (now IIROC) from 1991 to 1992.

Daniel has a distinguished history of service to Canada’s communities. He has been a board member of the St. Michael’s Foundation since 1993 and served as Chairman of St. Michael’s Hospital from 1994 to 2000. He was also Chairman of the Toronto Central Local Health Integration Network. He is a former director of the Ontario Teachers’ Pension Plan and a number of public companies including Allied Properties REIT, Allstream Inc., Cadillac Fairview Corporation, Camco Inc., Choice Properties REIT, Monarch Development Corporation and Schneider Corporation. He has also served on many advisory boards and committees, including the Rotman School of Management at the University of Toronto, Canada Post Corporation, Canada Deposit Insurance Corporation, the Canadian Securities Administrators and the Ontario Securities Commission.

He has served on a number of federal and provincial government committees and advisory boards and has been a director of arts, educational and community organizations. Daniel is a recipient of the Queen Elizabeth II Diamond Jubilee medal; the Service Medal of the Foreign Policy Association of the United States (where he is a fellow); the Arbor Award from the University of Toronto; and the Human Relations Award from the Canadian Centre for Diversity. He holds graduate degrees from Columbia University and the University of Toronto.

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Posthumous Inductees


 

 

Timothy Noël

Timothy Noël
Former Deputy Governor, Bank of Canada (Posthumous)

Timothy Noël had a distinguished 35-year career at the Bank of Canada. In his last seven years, he was the Deputy Governor of the Bank of Canada, where he was responsible for financial markets and Government of Canada debt management. He chaired the Canadian Foreign Exchange Committee (CFEC), for over five years.

During the two years that Tim battled Amyotrophic Lateral Sclerosis (ALS or Lou Gehrig's disease), he continued to perform his senior role at the Bank of Canada, almost to the end of his life. As an indication of the high regard in which Tim was held in the financial community, news of his diagnosis mobilized the community to establish the Tim E. Noël Endowment Fund for research into ALS which has grown to over $1 million.

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Brian Steck

Brian Steck
Former Chairman & Chief Executive Officer, Nesbitt Burns Inc. (Posthumous)

Brian Steck led a distinguished life and career as a pivotal leader in the Canadian financial and philanthropic communities. Brian became CEO of Nesbitt Thomson & Company and its subsidiaries in 1987 and Chairman in 1990. In 1992, he was appointed Vice-Chairman of the Bank of Montreal. He remained Chairman and CEO after merging Nesbitt Thomson and Burns Fry, until his retirement from both Nesbitt Burns and Bank of Montreal, in 1999. Most recently, Brian was President of St. Andrews Financial Corp., as well as a board member and an advisor for numerous North American organizations including Purolator, Harris Private Banking, Investment Technology Group Inc., Dundee Precious Metals Inc., and the Canadian Medical Association Holdings (CMAH).

Brian was a former Chairman of the Investment Dealers Association of Canada, the Canadian Securities Institute, and the Canadian District of the Securities Industry Association of America. He was also a former Governor of the Toronto Stock Exchange. Brian served his community by acting as Chairman of the North York General Hospital and its Foundation, and President of the Canadian Society for the Weizmann Institute of Science. He maintained board positions with the Ontario Arts Foundation, the Ontario Cultural Attractions Fund, and the Canadian Friends of Simon Wiesenthal Centre.

A native of Montreal, Brian attended Sir George Williams University where he received his Bachelor of Commerce. He attended the University of Pennsylvania's Wharton School of Business where he earned his MBA in Finance.

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