McMaster University has reached into Bay Street by appointing Paul Bates its new dean of business.

Bates will begin his term July 1, as dean of the University’s DeGroote School of Business, stated McMaster University President Peter George..

Bates has a distinguished career in investment dealing and wealth management. Currently a member of the Ontario Securities Commission, he is also a part- time faculty member of the University of Toronto’s Rotman School of Management.

“Paul Bates brings direct knowledge, expertise, networking, leadership from the business world and a demonstrated empathy for the academic vision of the school,” said. George.
The new designated dean was head of Charles Schwab Canada until it was acquired by Bank of Nova Scotia two years ago. Investment Executive named him Canada’s most influential broker in 2000.

Bates said he felt very privileged to be assuming his new duties at the DeGroote School of Business.

“The school has a strong legacy of research and innovation, including pioneering MBA co-operative education,” said Bates. “I am looking forward to working with new colleagues inside DeGroote, across the entire McMaster University community and with colleagues outside the school.”

In 2002, Bates received the Queen’s Jubilee Medal for community service. Last year he obtained an Outstanding Teacher Award from the Joseph L. Rotman School of Management, together with an Arbor Award from the University of Toronto.

Bates has several investment dealing and brokerage designations. In addition to his leadership position at Charles Schwab Canada, he has been president and chief operating officer of TD Greenline Canada (now TD Waterhouse), president and COO of Marathon Brokerage and VP, wealth management and advisory services of Royal Trust. He is a graduate of Cornwall Technical College, Great Britain with a major in English literature.

The University’s DeGroote School of Business has 1,900 undergraduate students and 407 MBA students enrolled in full-time, co-op and part-time studies. The school has 82 full- time and part-time professors, supported by 39 staff members.