People: Bank of Nova Scotia (BNS.TO)
Mr. Stephen P. Hart is appointed to the position of Chief Risk Officer of Bank of Nova Scotia effective September 1, 2013. He has been with Scotiabank for 35 years and was Executive Vice President and Chief Credit Officer responsible for the global management of credit risk for the Bank, including chairing the key credit committees for Canadian Banking, International Banking and Global Banking and Markets. Mr. Hart previously held a variety of senior positions in the United States and Canada in both origination and credit adjudication in corporate lending. He was a Relationship Manager based in Chicago in the early 1980s, and headed up the Corporate Banking unit in Ontario in the 1990s. Since 1999, he has been in Global Risk Management; initially as Senior Vice President, Corporate Credit, and then as Senior Vice President & Head, Credit Risk, prior to his most recent appointment in October 2008.
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