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People: Bank of Nova Scotia (BNS.TO)

BNS.TO on Toronto Stock Exchange

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Durland, J. Michael 

Mr. J. Michael (Mike) Durland is Group Head and Chief Executive Officer - Global Banking and Markets of The Bank of Nova Scotia effective April 30, 2014. Mr. Durland shares primary responsibility for the overall management of Global Banking and Markets’ operations worldwide, with specific responsibility for the Global Capital Markets (“GCM”) business. He was appointed to this position in 2008. Mr. Durland joined Scotiabank’s Investment Banking division as a Senior Manager, Derivative Products, in 1993, before being promoted to Managing Director in 1996, Co-Head, Capital Markets Group in 2002 and Deputy Head, Global Capital Markets in 2007. During the past 20 years, Mr. Durland has been actively involved in the development, execution and management of Global Capital Markets’ strategy, risk, operations and human capital management. He also represents Global Capital Markets on key internal bank committees. Mr. Durland completed a Ph.D. in Finance and Operations Research from Queen’s University and a Bachelor of Commerce in Finance from St. Mary’s University. Mr. Durland is a member of the Advisory Board for Queen’s School of Business and its Master of Management Analytics program.

Basic Compensation

Total Annual Compensation, CAD 5,792,000
Restricted Stock Awards, CAD --
Long-Term Incentive Plans, CAD --
All Other, CAD 708,000
Fiscal Year Total, CAD 6,500,000

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --