Alison Nankivell

Alison Nankivell
CitizenshipCanadian
EducationUniversity of Toronto (BA)
London School of Economics (MPA)
OccupationsFinancial executive, trade policy leader
Known forPresident and CEO of Export Development Canada

Alison Nankivell is a Canadian financial executive and trade policy leader. She is the president and CEO of Export Development Canada (EDC), a federal Crown corporation that facilitated $123 billion in Canadian exports in 2024.[1] Before EDC, she held senior roles at BDC Capital, the Institutional Limited Partners Association (ILPA), and served briefly as CEO of MaRS Discovery District.[2] She survived the 2008 terrorist attacks on the Oberoi Trident Hotel in Mumbai.[1]

Early life and education

Nankivell earned a BA (Honours) in commerce and economics from the University of Toronto and a Master in Public Administration and Public Policy from the London School of Economics.[1] She holds the CFA designation.[3] She is fluent in Mandarin.[1]

Career

Economist Intelligence Unit and China

Nankivell began her career in the early 1990s as a China economic analyst and editor at the Economist Intelligence Unit in Beijing and Hong Kong.[4] She subsequently worked as an independent economist consulting for the International Labour Organization, United Nations Development Programme, and the Canadian International Development Agency.[4]

Export Development Canada (first stint)

Nankivell spent approximately 14 years at Export Development Canada across two periods, including seven years in Beijing postings as chief representative for Greater China, and as principal and head of Asia fund investments.[1][4]

Ontario Teachers' Pension Plan

She served as director of Funds Asia at Teachers' Private Capital, the private equity arm of the Ontario Teachers' Pension Plan.[4]

BDC Capital

Nankivell spent approximately a decade at BDC Capital, rising to senior vice-president of fund investments and global scaling, where she oversaw a $5 billion asset portfolio.[5] During her tenure, she led the Indigenous Growth Fund initiative and drove ESG integration across BDC's investment activities.[3]

She was elected to the board of the Institutional Limited Partners Association (ILPA), a global industry body for institutional investors, serving as treasurer and then as board chair from 2021 to 2023.[6]

MaRS Discovery District (2024)

In March 2024, Nankivell was appointed CEO of MaRS Discovery District replacing Yung Wu.[2] She undertook a significant restructuring, cutting approximately 20 positions in June 2024 and a further 19 later that year, reducing total headcount to approximately 101 employees.[7][8] The restructuring followed a period in which MaRS's net revenues had fallen 15% from pre-pandemic levels.[7]

Nankivell departed MaRS after nine months to accept the position of president and CEO of Export Development Canada.[9][10]

Export Development Canada (2025–present)

In December 2024, the federal government announced Nankivell's appointment as president and CEO of Export Development Canada, effective February 2025.[11][12][13]

References

  1. ^ a b c d e Cole, Trevor (June 3, 2025). "In the Trump era, Canada must expand its trade horizons. Enter EDC's Alison Nankivell". The Globe and Mail (ROB Magazine). Retrieved 28 March 2026.
  2. ^ a b "MaRS Discovery District hires investment veteran Alison Nankivell as next CEO". The Globe and Mail. December 2023. Retrieved 28 March 2026.
  3. ^ a b "Alison Nankivell — Board Chair". FinDev Canada. Retrieved March 18, 2026.
  4. ^ a b c d "Alison Nankivell — Distinguished Fellow". Asia Pacific Foundation of Canada. Retrieved 28 March 2026.
  5. ^ Soltys, Douglas (December 20, 2023). "MaRS names BDC SVP Alison Nankivell as new CEO". BetaKit. Retrieved March 18, 2026.
  6. ^ "ILPA names BDC Capital's Alison Nankivell as board chair". PE Hub. June 2021. Retrieved 28 March 2026.
  7. ^ a b Silcoff, Sean (June 4, 2024). "MaRS slashes top ranks as government-funded innovation agency looks to reset mandate under new CEO". The Globe and Mail. Retrieved 28 March 2026.
  8. ^ "MaRS CEO lays out reset business model as innovation hub makes more cuts". BetaKit. October 2024. Retrieved 28 March 2026.
  9. ^ "Alison Nankivell leaves MaRS Discovery District for top job at EDC". The Globe and Mail. December 2024. Retrieved 28 March 2026.
  10. ^ Soltys, Douglas (23 December 2024). "Alison Nankivell departs MaRS for Export Development Canada". BetaKit. Retrieved 28 March 2026.
  11. ^ "Minister Ng announces appointment of Alison Nankivell as new President and Chief Executive Officer of Export Development Canada". Canada.ca. Government of Canada. December 2024. Retrieved 28 March 2026.
  12. ^ "Ottawa names new president and CEO of Export Development Canada". BNN Bloomberg. 23 December 2024. Retrieved 28 March 2026.
  13. ^ "Ottawa names new president and CEO of Export Development Canada". Investment Executive. 23 December 2024. Retrieved 28 March 2026.

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