John Alan MacNaughton, (March 6, 1945 – February 15, 2013) was a Canadian investment banker. He was the chairman of the

Business Development Bank of Canada The Business Development Bank of Canada (BDC; french: Banque de développement du Canada) is a Crown corporation and national development bank wholly owned by the Government of Canada, mandated to help create and develop Canadian businesses throu ...

and was the founding president and CEO of the Canada Pension Plan Investment Board.

Biography

MacNaughton was born and raised in Exeter,

Ontario Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central C ...

, until he left to study at the University of Western Ontario. MacNaughton was the chairman of the

and of the CNSX stock exchange. He was a director of

Nortel Nortel Networks Corporation (Nortel), formerly Northern Telecom Limited, was a Canadian multinational telecommunications and data networking equipment manufacturer headquartered in Ottawa, Ontario, Canada. It was founded in Montreal, Quebec, ...

Networks Corporation and Nortel Networks Limited. He was the chair of the Independent Nominating Committee of the new Canada Employment Insurance Financing Board. He served as president and CEO of Burns Fry from 1989 to 1994 and president of Nesbitt Burns from 1994 to 1999. MacNaughton was also a director for TransCanada Corp. He was the founding president and CEO of the Canada Pension Plan Investment Board from 1999 to 2005. He was also a member of the

Trilateral Commission The Trilateral Commission is a nongovernmental international organization aimed at fostering closer cooperation between Japan, Western Europe and North America. It was founded in July 1973 principally by American banker and philanthropist David ...

In 2004, he was made a Member of the Order of Canada for his "outstanding leadership in the financial services industry as well as in the voluntary and public sectors".

Death

MacNaughton died on February 15, 2013 at the age of 67 after a lengthy battle with cancer.

References

1945 births 2013 deaths Canadian chairpersons of corporations Canadian corporate directors Canadian financiers CPP Investment Board people Directors of Nortel Members of the Order of Canada {{Canada-gov-bio-stub