Executive Vice-President, Chief Credit Officer

As Executive Vice-President, Chief Credit Officer for Scotiabank, Stephen Hart oversees the global management of credit risk for the Bank, including chairing the key credit committees for Canadian Banking, International Banking and Scotia Capital.

Mr. Hart joined Scotiabank in 1978 as part of a newly created Chairman’s staff unit, and has held a variety of senior positions in the United States and Canada in both origination and credit adjudication in corporate lending. He was a Relationship Manager based in Chicago in the early 1980s, and headed up the Corporate Banking unit in Ontario in the 1990s. Since 1999, he has been in Global Risk Management; initially as Senior Vice-President, Corporate Credit, and then as Senior Vice-President & Head, Credit Risk, prior to his most recent appointment in October 2008.

Mr. Hart has an engineering degree (BApSc) in geophysics from the University of Toronto and an MBA in finance from McMaster University. He and his wife, Marion, have three daughters.