The Bank of Canada Friday announced the appointment of Evan Siddall, a former oil industry executive and investment banker, as a special advisor to governor Mark Carney.
Siddall, who most recently served as a senior executive of the holding company of the Irving family’s energy interests, Fort Reliance Co., will serve for a two-year term, beginning on January 23, 2012. He succeeds Timothy Hodgson, whose term as special advisor ends on March 31, 2012.
As senior representative for financial markets in the BoC’s Toronto office, Siddall will lead a team that is responsible for maintaining relationships with the financial community and contributing to the Bank’s analysis of financial markets, institutions, products and regulations. He will also serve as a member of the Bank’s Monetary Policy Review and Financial System Review committees.
Before his role as corporate finance officer of Fort Reliance Co./Irving Oil Ltd., which he began in October 2008, he was a partner of Lazard Frères & Co. LLC and resident managing director of Lazard Canada Corp. for six years. He has also held a variety of positions in both investment banking and general management, including at Goldman Sachs & Co. and BMO Nesbitt Burns. He currently serves on the board of trustees of the University of Guelph, and on the board of directors of the Young Presidents’ Organization (Ontario Chapter). He has an LLB from Osgoode Hall Law School, and a BA in management economics from the University of Guelph.
“Evan Siddall is a highly experienced executive with deep knowledge of capital markets and mergers and acquisitions across a wide range of industries,” said Carney. “With his proven leadership ability and strong connections with Canada’s business community, Evan will augment the Bank’s understanding of domestic and global financial market developments, and help the Bank continue its work to enhance the resilience of the Canadian and global financial systems.”