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Mr. Thiessen was Governor of the Bank of Canada for a seven-year term, from 1994 to 2001.

He joined the Bank of Canada in 1963 and worked in both the Research and the Monetary and Financial Analysis Departments of the Bank. Mr. Thiessen spent the period from 1973 to 1975 as a visiting economist at the Reserve Bank of Australia.

At the Bank of Canada, Mr. Thiessen was successively appointed Adviser to the Governor in 1979, Deputy Governor in 1984, and Senior Deputy Governor in 1987. He was a member of the Board of Directors of the Bank and of its Executive Committee from 1987 to 2001.

After retiring from the Bank of Canada, Mr Thiessen became the Founding Chair of the Canadian Public Accountability Board from 2003 to 2009. CPAB was established to oversea the auditors of public companies in Canada.

In 1996, the government of Sweden awarded Mr. Thiessen the Order of the Polar Star in recognition of the assistance provided by the Bank of Canada to the Swedish central bank. In 1997, Mr. Thiessen received an honourary Doctor of Laws degree from the University of Saskatchewan, and in 2001, he was awarded an honourary Doctor of the University degree by the University of Ottawa. In 2002, he was made an Officer of the Order of Canada.

Mr. Thiessen has been an executive in residence at the University of Ottawa and was the Chair of the University of Saskatchewan’s Board of Governors. He has also been active in fund raising for charity and public policy research, as well as serving on a number of boards of directors in both the corporate and not-for-profit sectors.

Appointed in 2014 until 2023.

Last updated on: June 24th, 2021