Graham Towers

Graham Towers

Graham Ford Towers, CC (September 29, 1897 – December 4, 1975) was the first Governor of the Bank of Canada from 1934 to 1954.

Born in Montreal, Quebec, educated at St. Andrew's College , he graduated from McGill University in 1919. During World 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 the International Monetary Fund. A longtime executive at the Royal 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 by James Coyne. In 1969, he was made a Companion of the Order 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.)]

Footnotes

References

External links

* [http://www.gg.ca/honours/search-recherche/honours-desc.asp?lang=e&TypeID=orc&id=2327 Order of Canada Citation]


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