Ivey celebrated its 2024 Business Leader Award recipient Mark Carney, esteemed leader, economist, and banker, in Toronto on October 30th.
More than 500 distinguished members of Canada’s business community gathered for a special dinner at the Royal York Hotel to honour Carney and his many accomplishments.
In his address, Carney offered insights and inspiration for today’s business leaders, emphasizing that “this is a time to build” as we enter a new era of investment.
“The only way for us to become more productive is to change dramatically,” said Carney. “We start with shared missions. Affordable housing, universal and accessible healthcare, education for all and for all time, because it really is about lifelong learning. And a clean economy for the jobs today, and a better future tomorrow.”
The Business Leader Award recognizes individuals who have made significant contributions to the advancement of business in Canada, and demonstrated leadership in both business and their communities.
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.
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. And, he is the author of the national bestselling book Value(s): Building a Better World for All.
Carney joins an esteemed list of past Ivey Business Leader Award honorees demonstrating leadership in both business and their communities.
The Business Leader Award event serves as a major fundraiser for Ivey. More than $718,000 was raised by the event to support scholarships for outstanding Ivey students.