Richard Nesbitt was appointed as Vice-Chair of OPTrust’s Board of Trustees by the Government of Ontario, effective November 1, 2022. Mr. Nesbitt was first named to the Board in September 2019 and is now Chair of the Investment Committee. Mr. Nesbitt is an Adjunct Professor at the Rotman School of Management, University of Toronto and a Visiting Professor at the London School of Economics, United Kingdom, where he chairs the research institute, the Inclusion Initiative.
Mr. Nesbitt has more than 30 years experience in financial services and most recently served as President and CEO of the Global Risk Institute (retired). He was the Chief Operating Officer with CIBC, retiring in September 2014 after a 20-year career in securities, including CIBC Wood Gundy. From 2004 to 2008, Mr. Nesbitt was the Chief Executive Officer of the Toronto Stock Exchange Group.
Mr. Nesbitt was awarded the 2019 Lifetime Achievement Award from Rotman School of Management. He has an M.Sc. from the London School of Economics, an MBA from Rotman School of Management and an HBA from the Ivey Business School, University of Western Ontario.