Media Releases

New dean starts term at University of Toronto’s Rotman School of Management

July 3, 2014

TORONTO, ON – Tiff Macklem has begun his five-year term as Dean of the University of Toronto’s Rotman School of Management.

Macklem, who previously was senior deputy governor of the Bank of Canada, was welcomed to the Rotman community July 2 during a noon time lunch with faculty and staff.

Since his appointment was announced in December 2013, Macklem has wrapped up his work at the Bank where he shared responsibility with the governor and four deputy governors for monetary policy and the Bank’s role in promoting financial stability. He has started to familiarize himself with various aspects of the Rotman School and will continue to reach out to the School’s various stakeholders including students, alumni, staff and faculty in the coming months.

Prior to his appointment at the Bank, Macklem served as associate deputy minister of the federal Department of Finance and Canada’s finance deputy at the G7 and G20.  He also served as chair of the Standing Committee on Standards Implementation of the Financial Stability Board. In that role, he worked to establish an international system of peer review to promote and assess the implementation of new financial standards across the 24 most financially important countries in the world.

Born in Montréal, Quebec, Macklem graduated from Queen’s University in 1983 with a bachelor’s degree in economics, and completed a master’s degree and a PhD in economics at the University of Western Ontario. In 1984, he joined the Bank of Canada in the Department of Monetary and Financial Analysis for one year. He returned to the Bank in 1989 following the completion of his PhD. Macklem occupied increasingly senior positions in the Research Department (now Canadian Economic Analysis) until his appointment as chief in January 2000. He was appointed adviser to the governor in August 2003. In 2003-4, he was seconded to the Department of Finance, returning to the Bank as a deputy governor in December 2004. He re-joined Finance as associate deputy minister in 2007.

The Rotman School of Management at the University of Toronto is redesigning business education for the 21st century with a curriculum based on Integrative Thinking. Located in the world’s most diverse city, the Rotman School fosters a new way to think that enables the design of creative business solutions.  For more information, visit


For more information:

Ken McGuffin
Manager, Media Relations
Rotman School of Management
University of Toronto
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