Ontario Infrastructure Bank Announces Chair of the Board

TORONTO — The Ontario Infrastructure Bank welcomes the appointment of Brian J. Porter as the inaugural chair of the board of directors. This appointment is the first governance step in the establishment of the arm’s-length, board-governed agency.

A trusted leader in the global financial services sector, Mr. Porter served as President and Chief Executive Officer of Scotiabank until January 31, 2023. He currently serves as Chair of the Board of Governors of Huron University College at Western University, as a Director of the Fairfax Financial Holdings Ltd., and as a Director of the Board of the Atlantic Salmon Federation. He has also served as Chair of the University Health Network (UHN) Board of Trustees for 7 years, and currently sits as a member of the UHN Board of Trustees.

“I’m honoured to accept the role of inaugural chair of the Ontario Infrastructure Bank to help build a strong Ontario,” said Brian J. Porter. “This is an important task ahead of us, and I look forward to stepping into this role to ensure the Ontario Infrastructure Bank will get to work quickly and invest in critical infrastructure for the benefit of all Ontarians.”

Over time, the Ontario Infrastructure Bank will develop a detailed process to ensure there is appropriate qualification and selection of projects and partners in priority areas based on financial and public interest criteria.

MEDIA CONTACTS

Scott Blodgett

Communications Branch

Ministry of Finance

416-728-9791

Scott.Blodgett@ontario.ca 

For general inquiries:

Ontario Infrastructure Bank

info@oibank.ca

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