Bank of Canada Deputy Governor Sheryl Kennedy will be undertaking a short-term assignment as senior advisor to The Bank of Nova Scotia.

This assignment, beginning May 15 until early October, is of mutual interest to the Bank of Canada and to Scotiabank. As senior advisor, executive project office, Kennedy will provide advice and support to the development of strategies and priorities for Scotia’s international operations.

“The assignment provides an opportunity for one of the bank’s senior officers to gain a better understanding of the planning and operations of a commercial bank, in particular in the international context, while providing Scotia with broad expertise in setting strategic direction,” it says.

The arrangements for Kennedy’s assignment have been made in accordance with the Bank of Canada’s Conflict of Interest policy.

As part of its human resource strategy, the BOC regularly seeks opportunities for senior staff to gain experience in other public and private sector organizations.

Sheryl joined the BOC as Deputy Governor in 1994 and has been responsible for a range of portfolios including research and analysis of the Canadian economy in support of monetary policy, financial markets, banking operations, and corporate administration.