Public Service Citation
Vice Chair of Brookfield Asset Management and Head of ESG and Impact Fund Investing (former Governor of The Bank of Canada and Bank of England).
This prestigious award is granted to an outstanding public servant who has made a transformational impact on Canada and Canadian society. This year, APEX will honour Mark Carney with the Public Service Citation for his exceptional commitment to public service, notably in the domains of finance and the environment.
Mr. Carney first became a public servant as Deputy Governor with the Bank of Canada in 2003, and then as Senior Associate Deputy Minister at the Department of Finance Canada where he developed economic and tax policies that strengthened Canada’s competitiveness. He was appointed Governor of the Bank of Canada in 2008, and played a pivotal role in steering Canada through the 2008 global financial crisis. Mr. Carney’s leadership helped Canada to avoid the worst impacts of the financial crisis, with his policies pulling Canada’s economy into recovery mode first and outperforming those of its G7 peers during the crisis. At the time, he was the youngest central bank governor among the G8 & G20 countries. Mr. Carney earned various accolades for his leadership and was recognized by various business magazines as Most Trusted Canadian, Central Bank Governor of the Year (2012). Mr. Carney was selected to head the Bank of England in 2013 – the first non-Briton ever to hold this position. He also served as Chairman of the Financial Stability Board, an international body made up of G20 major economies, that monitors and makes recommendations about the global financial system.
More recently, Mr. Carney has emerged as a global leader on environmental sustainability, and has served as the United Nations Special Envoy for Climate Action and Finance since March 2020. He has become an outspoken champion for the environmental conscience of Canadian businesses, pushing the financial sector to work on climate action, and to assist with transition to low-emission and resilient sectors. Currently as head of Environmental Social and Governance (ESG) at Brookfield Asset Management, Mr. Carney is dedicating his time to influencing Canada’s businesses to shift to environmentally sustainable finance practices that will benefit society as a whole.
This award is being conferred to Mr. Carney for his dedication to the public interest, both in Canada and as a global ambassador. His exceptional leadership and commitment to innovation and excellence remain an inspiration for all public servants.