Dr. Parr-Johnston, age 69, is President of Parr Johnston Economic and Policy Consultants. She holds a B.A. from Wellesley College and a M.A. and Ph.D. in economics from Yale University. She has research expertise in economic and public policy and speaks and writes on higher education in Canada, public policy and general management issues.

Dr. Parr-Johnston is the former President and Vice-Chancellor of the University of New Brunswick (1996-2002) and of Mount Saint Vincent University (1991-1996). She currently sits on several boards, including Emera Incorporated, the Social Research and Demonstration Corporation, the Canadian Millennium Scholarship Foundation, the National Theatre School and the Council of Canadian Academies, where she serves as Chair. In addition, at different times during the period from 2004 to 2008, Dr. Parr-Johnston served as a director of Nova Scotia Power Incorporated.

Scotiabank Board Details:

• Director since October 26, 1993
• Member of: Executive and Risk Committee and Corporate Governance and Pension Committee
• Meets Share Ownership Guidelines
• Independent
• Latest Retirement Date: ineligible for re-election in April 2010