Maria Theofilaktidis

Executive Vice President and Chief Auditor

Maria Theofilaktidis


Maria Theofilaktidis was appointed Executive Vice President & Chief Auditor in September 2023, providing strategic direction, leadership and oversight of the Audit Function globally. The mandate of the Audit function is to provide enterprise-wide independent, objective assurance over the design and operating effectiveness of Scotiabank’s internal controls, risk management and governance processes.

Since joining Scotiabank in 2002, Maria has held various senior positions across Canadian Banking, Global Risk Management, Global Finance, Compliance, and Audit, and was most recently Executive Vice President, Finance, with responsibility for Accounting and Financial Reporting, Capital Management, Global Taxation, and Global Procurement functions within Global Finance. Maria is a strong advocate for Diversity and Inclusion, and she is also the Executive Champion for the Women Council of Chairs and the Middle Eastern Employee Network.

She is a Chartered Professional Accountant and Chartered Accountant. She completed her Bachelor of Commerce and Bachelor of Accounting at the University of The Witwatersrand, South Africa, and gained significant financial experience with KPMG’s National Office and Financial Services and Insurance Practices in Canada and South Africa.

Outside of the Bank she volunteers her time as a board member of Women’s College Hospital Foundation and is a Trustee of the IFRS Foundation, a global not-for profit organization responsible for setting global financial accounting and reporting standards.

She is a proud Greek-Cypriot South African Canadian who is married with three wonderful children.