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Bank of Nova Scotia (BNS) Announces CEO Retirement, Appoints Scott Thomson as Replacement

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Scotiabank announces Brian J. Porter's retirement, names Scott Thomson as President and Chief Executive Officer

September 26, 2022 7:15 AM EDT

TORONTO, Sept. 26, 2022 /PRNewswire/ - Scotiabank today announced Brian Porter's decision to retire as President and Chief Executive Officer, effective January 31, 2023. With this announcement, Scotiabank's Board of Directors has appointed Scott Thomson as CEO of Scotiabank, effective February 1, 2023. Mr. Thomson is currently President and CEO of Finning International Inc. and has been a member of the Scotiabank Board since 2016. Mr. Thomson will initially serve as President, effective December 1, 2022, with responsibility for the Bank's business lines: Canadian Banking, Global Banking and Markets, Global Wealth Management, and... More