Richard Nesbitt
Encyclopedia
Richard William Nesbitt is a Canadian financial executive. He became CEO of CIBC World Markets
CIBC World Markets
CIBC World Markets is the investment banking subsidiary of the Canadian Imperial Bank of Commerce. The firm operates as an investment bank both in the domestic and international equity and debt capital markets...

 on February 29, 2008, replacing former CIBC World Markets head Brian Shaw.

Until his resignation in January 2008, he was the CEO of TSX Group
TSX Group
The TMX Group Inc. owns and operates stock exchanges, the Toronto Stock Exchange , and the TSX Venture Exchange , formerly known as the Canadian Venture Exchange , the Montreal Exchange, the Natural Gas Exchange and the Boston Options Exchange...

, which operates the Toronto Stock Exchange
Toronto Stock Exchange
Toronto Stock Exchange is the largest stock exchange in Canada, the third largest in North America and the seventh largest in the world by market capitalisation. Based in Canada's largest city, Toronto, it is owned by and operated as a subsidiary of the TMX Group for the trading of senior equities...

 and the TSX Venture Exchange
TSX Venture Exchange
The TSX Venture Exchange is a stock exchange in Canada. It is headquartered in Calgary, Alberta and has offices in Toronto, Vancouver, and Montreal. All trading through the Exchange is done electronically, so the Exchange does not have a "trading floor"...

. He is on the Board of Directors of TSX Group, the World Federation of Exchanges
World Federation of Exchanges
The World Federation of Exchanges , formerly FIBV - Federation Internationale des Bourses de Valeurs , is an international organization for securities and derivative markets such as stock exchanges....

, Market Regulation Services, CanDeal
CanDeal
CanDeal is a global online marketplace for Canadian dollar debt securities. It provides online access to liquidity for Canadian Government Bonds and money market instruments. CanDeal’s technology is available to institutional investors in Canada, the United States and Europe. CanDeal services...

, Frontier College
Frontier College
Frontier College is a Canadian literacy organization established in 1899 by Alfred Fitzpatrick. Founded as the Reading Camp Association, Frontier College aims to combat illiteracy in Canada by providing non-formal education to those that seek assistance with their learning and have been overlooked...

 and the Prostate Cancer Research Foundation of Canada. Nesbitt was a governor (member of the board of directors) of the Toronto Stock Exchange from 1996 until December 1999.

He lives in Toronto
Toronto
Toronto is the provincial capital of Ontario and the largest city in Canada. It is located in Southern Ontario on the northwestern shore of Lake Ontario. A relatively modern city, Toronto's history dates back to the late-18th century, when its land was first purchased by the British monarchy from...

, Ontario
Ontario
Ontario is a province of Canada, located in east-central Canada. It is Canada's most populous province and second largest in total area. It is home to the nation's most populous city, Toronto, and the nation's capital, Ottawa....

, Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

.
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