Stephen Bagnarol

Executive Vice President, Canadian Business Banking
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Stephen Bagnarol was appointed Executive Vice President of Canadian Business Banking on May 1, 2021. In this role, he is responsible for setting the strategy for the Canadian Business Bank, focusing on key growth opportunities and enhancing client relationships.

Stephen joined Scotiabank in 1998 as part of the International Associate Development Program, working in both Commercial Banking and Global Risk Management. Upon graduation from the program, he accepted his first international assignment in Mexico, where he held progressively senior roles in Corporate Banking, including Head of Real Estate Banking. In 2005, Stephen relocated to New York, USA as Managing Director, Derivatives, Capital Markets. He was appointed Vice President & Country Head in Panama in 2008, Senior Vice President, Wholesale Banking in Peru in 2011 and, in 2017, Senior Vice President & Head of Caribbean South & East.

Stephen holds a Masters of Business Administration in Finance from the Schulich School of Business in Toronto and is a CFA Charterholder.