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
Voice 416.946.3818
Fol­low Rot­man on Twit­ter @rotmanschool
Watch Rot­man on You Tube