The Bank of Canada today announced the appointment of Line Rivard as Special Adviser to the Governor on Financial System, effective 5 February 2014.

“The Bank is delighted to welcome Line Rivard into its management team,” said Governor Stephen S. Poloz. “Line’s deep knowledge of corporate finance and years of private-sector experience will help the Bank better understand the linkages between the financial system and the corporate sector in Canada.”

Based in Montréal, Ms. Rivard will advise Governing Council on a range of financial system issues. In particular, she will lead an examination of the role of the financial system in supporting the building of new economic capacity. Through this work, she will contribute to a Bank objective of promoting well-functioning financial markets.

“I am very glad to join the Bank and I look forward to contributing to the Bank’s important work on the financial system as it relates to the corporate sector,” Ms. Rivard said.

A native of Quebec City, Ms. Rivard brings to her role more than 20 years of experience in investment banking and corporate finance, spanning financial, strategic, operational, and governance issues facing companies in several sectors of the Canadian economy. Most recently, she served as Managing Director for BMO Capital Markets. She holds an MBA from Concordia University.

The position of Special Adviser was created to bring outside perspectives to the Bank’s core policy functions and research priorities. The list of those who have been appointed to the position of Special Adviser since its creation in 1998 is available on the Bank of Canada’s website.