- Graham Towers
Graham Ford Towers, CC (
September 29 ,1897 –December 4 ,1975 ) was the firstGovernor of theBank of Canada from 1934 to 1954.Born in
Montreal ,Quebec , educated at St. Andrew's College , he graduated fromMcGill University in 1919. DuringWorld War II , he was Chairman of the Foreign Exchange Control Board and Chairman of the National War Finance Committee. From 1944 to 1954, he was President of the Industrial Development Bank and from 1946 until 1954 he was alternate Governor for Canada at theInternational Monetary Fund . A longtime executive at theRoyal Bank of Canada he was also a strong proponent of the bank's creation. He led the bank for twenty years before he was succeeded byJames Coyne . In 1969, he was made a Companion of theOrder of Canada .He testified before the Canadian Government's Committee on Banking and Commerce, in 1939. [http://www.michaeljournal.org/appenE.htm Graham Towers - About the Bank; (Standing Committee on Banking and Commerce, Minutes of Proceedings and Evidence Respecting the Bank of Canada, Ottawa, J.O. Patenaude, I.S.O., Printer to the King's Most Excellent Majesty, 1939.)]
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* [http://www.gg.ca/honours/search-recherche/honours-desc.asp?lang=e&TypeID=orc&id=2327 Order of Canada Citation]
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