The Global Risk Institute in Financial Services (GRI) has named Richard Nesbitt as its new president and CEO, effective May 1, 2015.

His appointment follows Michel Maila’s decision to retire, after serving three years.

Paul Cantor, Chair of GRI, says, “Nesbitt has experience working at the highest level in financial services, as well as teaching and research [experience].”

GRI, which provides research and education programs, was founded in 2011 as a not-for-profit institute by the Government of Canada and the Province of Ontario, along with TD Group and Manulife. It currently has 27 member institutions from the financial services sector across Canada.

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