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Ivey names Mark Carney Business Leader of the Year for 2024

Mar 5, 2024

Mark Carney BLD Image

Today, the Ivey Business School is pleased to name Mark Carney as this year’s recipient of the Ivey Business Leader Award. The esteemed leader, economist, and banker will receive this honour and address notable members of Canada’s business community at a gala dinner in Toronto on October 30, 2024.

Carney has held numerous positions in finance in both the private and public sectors throughout his distinguished career. He served as the Governor of the Bank of Canada from 2008 to 2013, and after that as Governor of the Bank of England from 2013 until 2020. Prior to his governorships, Carney was Chairman of the Financial Stability Board, and had senior roles with both Goldman Sachs and the Canadian Department of Finance.

Currently, Carney is Chair of Brookfield Asset Management and Head of Transition Investing, focused on developing financial products that aim to combine positive social and environmental outcomes with risk-adjusted returns. Carney is also known for being a staunch sustainability proponent and advocate for climate change action. He is currently the United Nations Special Envoy for Climate Action and Finance and Co-Chair for the Glasgow Finance Alliance for Net Zero.

“Mark Carney’s expertise and vision continue to shape the financial and global landscape in a very meaningful way,” said Sharon Hodgson, Dean, Ivey Business School. “His journey from the private sector to central banking, and then onto international leadership roles exemplifies near unparalleled leadership excellence. Mark inspires others to make a positive difference with his commitment to a sustainable worldview.”

Carney is the Chair of the Group of Thirty and Bloomberg LP’s Board of Directors. He serves on boards of numerous organizations including Stripe, PIMCO, Harvard University, Rideau Hall Foundation, Bilderberg, the Peterson Institute for International Economics, the Blavatnik School at Oxford, and the Hoffman Institute for Global Business and Society at INSEAD. He is also the author of the national bestselling book Value(s): Building a Better World for All.

He holds doctorate and master’s degrees from Oxford University and a bachelor’s degree in Economics from Harvard University.

“Mark Carney is a leader in the most comprehensive sense possible, having led in business, government, regulatory and supranational arenas,” said Doug Guzman, HBA ’88, Group Head, RBC Wealth Management and Insurance, and co-chair of the Ivey Business Leader Award Committee. “We are fortunate to have leaders like Mark, who have personal and passionate interest in leading efforts to find the solutions to Canada’s, and indeed the world’s, most complex challenges.”

Guzman and Dominique Fortier, MBA ’96, Managing Partner, Financial Services, Americas at Heidrick & Struggles, jointly chair the Ivey Business Leader Award that will be presented at a gala dinner at the Royal York Hotel on October 30, 2024. Proceeds from this year’s event honouring Carney will support deserving students through Ivey Business Leader Scholarships.

Carney joins an esteemed list of past Ivey Business Leader Award recipients demonstrating leadership in both business and their communities.

About the Ivey Business School

The Ivey Business School (www.ivey.uwo.ca) at Western University is Canada's leading provider of relevant, innovative and forward-thinking business education. Drawing on extensive research and real-world knowledge, Ivey faculty utilize novel experiential learning techniques to equip graduates with the skills and capabilities they need to tackle the critical issues and leadership challenges in today's complex business world. Ivey offers world-renowned undergraduate and graduate degree programs, as well as Executive Education at campuses in London (Ontario), Toronto and Hong Kong.