Paula Cruickshank was appointed Senior Vice President, Financing and Consulting, British Columbia and North in January 2017.
In this role, she is responsible for overseeing BDC’s financing and consulting services in British Columbia and the North region.
Paula has over 20 years’ experience in the banking industry. She joined BDC in 2009 as Vice President, Securitization, where she was responsible for establishing the Bank’s Indirect Financing group and assumed responsibility for the management of the Canadian Secured Credit Facility (CSCF)—a $12 billion program established by the Government of Canada in 2009 to help restart the asset-backed securities market and stimulate economic activity by supporting sales of vehicles and equipment. She also helped launch BDC’s Funding Platform for Independent Lenders (F-PIL), a platform to provide capital to SME financing and leasing companies who support Canadian businesses. FPIL has indirectly helped over 13,000 SMEs obtain financing for various projects.
Paula took over responsibility for Syndicated Financing, in addition to Indirect Financing (formerly Securitization) in October 2015 and rebranded the unit to Wholesale Financing in June 2016.
Before joining BDC, Ms. Cruickshank spent over 11 years with the Scotiabank Group, where she gained broad experience in Structured Finance and Corporate Finance.
Ms. Cruickshank holds an International MBA from the Schulich School of Business and an LL.M in Banking and Financial Institutions from Osgoode Hall Law School.