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David Scott, BA, MBA
Updated September 24, 2014
Former CEO with over 40 years experience in investment management and mutual funds.
2000 - 2013
› Chairman, Independent Review Committee, Fidelity Investments Canada ULC.
1994 - 1999 - President, MDS Ventures Pacific Inc. (Vancouver)
› Venture capital manager - raised from several large investors funds of $25 million.
› Led the team which from August 1994 to December 1999 more than tripled fund value.
1988 - 1994 - President, Discovery Enterprises Inc. (Vancouver)
› Venture capital manager with $30 million under management.
1986 - 1988 - President, Toronto Shared Ventures Inc. (Toronto)
› Established this successful venture management partnership between North American Life and the Molson Companies.
1982 - 1986 - President, Elliott & Page Ltd. (Toronto)
› Managed over $10 billion in assets.
› Established Seamark, a highly successful affiliate based in Halifax - now manages over $8 billion.
1973 - 1981 - President, ScotiaFund Financial Services Inc. (Montreal)
› Founded company, wrote book aimed at RSP market.
› Tapped over $1 billion from emerging tax sheltered savings market, established dominant in sector market share
› Negotiated sale of 49% interest to major bank.
1966 - 1973 - Chief Investment Officer, Calvin Bullock, Ltd. (Montreal)
› Founded AcroFund Inc., a new, venturesome mutual fund.
1962 - 1966 - District Manager, Ontario, RoyNat Ltd. (Toronto)
› To improve RoyNat's position in the competitive Toronto market, revived use of tax-driven instrument to gain competitive edge for this small business investment company. Assets more than doubled in one year and the office became profitable.
OUTSIDE NON-PROFIT ACTIVITIES
1975 - 1999 Director or Trustee:
› Orchestre Symphonique de Montreal
› Toronto Mendelsohn Choir
› Investment Funds Institute of Canada, Toronto (Chairman)
› Institut National d'Optique, Quebec City (Vice Chairman)
› Vancouver Art Gallery
› Vancouver Opera
› Music in the Morning, Vancouver
Sampling of Former For Profit Directorships
› Scotiafund Financial Services Inc. (private), Montreal
› Bolton Tremblay Funds Inc. (private), Toronto
› Clarington Funds Inc (TSX), Toronto, Director
› AnorMED Inc. (TSX), Langley, B.C., Chairman and Director
› Migenix Inc., (TSX), Vancouver, Chairman and Director
› TIR Systems Ltd. (TSX), Vancouver, Director
› Bedford Software (TSX) , Vancouver
› Epic Data (TSX), Vancouver
› FTS Forest Technology Systems Ltd. (private), Victoria
› Westbay Instruments Inc. (private), Vancouver
› Terragen Discovery Inc. (private), Vancouver
› Seamark Investment Management Inc., Halifax
› Q Media Services Corporation (TSX), Vancouver
› VSM Medtech Ltd (TSX), Vancouver
Other Activities
› Past Chairman, Investment Advisory Board, B C Life Sciences Fund
› Past Chairman, Independent Review Committee, Fidelity Investments Canada Limited
Education
› B.A, Bishop's University, 1958
› MBA, Ivey School, University of Western Ontario, 1960
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