Cedric Elmer Ritchie, (August 22, 1927 – March 20, 2016) was a Canadian businessman and chairman and CEO of The Bank of Nova Scotia. He was also chairman of the Business Development Bank of Canada since 2001.

Career

At age 17, Ritchie, the son of a potato farmer, began working as a teller in The Bank of Nova Scotia's Bath, New Brunswick branch. In 1958, he became assistant branch manager in Toronto and chief general manager in 1970.

Cedric Ritchie

Honours

In 1981, he was made an Officer of the Order of Canada in recognition of "his wide knowledge of banking and commerce". He was inducted into the Canadian Business Hall of Fame in 2000.

Cedric Ritchie

Election to board of directors

In 2003, he was appointed to the Board of Directors of Twin Mining Corporation. He is also a member of the Board of Director of Canada Post.

Cedric Ritchie

Honorary degrees

LL.D., St. Francis Xavier University, December 1979

LL.D., Dalhousie University, May 1983

LL.D., Queen's University, June 1984

LL.D., University of New Brunswick, October 1985

LL.D., Mount Allison University, October 1986

Awards

Sikatuna Award, Philippines

References

External links

1927 births

2016 deaths

Canadian bank presidents

Canadian corporate directors

Officers of the Order of Canada

People from Carleton County, New Brunswick

Directors of Scotiabank

Canadian chairpersons of corporations

Canadian chief executives