Government of Canada announces the reappointment of the President and CEO of the Business Development Bank of Canada

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The Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, today announced the reappointment of Michael Denham as the President and CEO of the Business Development Bank of Canada (BDC) for an additional one-year term, effective August 10, 2020.

Originally appointed CEO in August 2015, Michael Denham has led BDC in its purpose of supporting small and medium-sized businesses across the country with a wide range of lending support, advice and venture capital. Mr. Denham’s reappointment will provide much-needed continuity in BDC’s vital work during these extraordinary times.

Mr. Denham is bilingual and holds a Bachelor of Arts from the Woodrow Wilson School of Public and International Affairs at Princeton University and a Master of Science in Economics with distinction from the London School of Economics. Prior to joining BDC, he held senior roles at McKinsey, Bombardier, Accenture and AquaTerra.