Michael Denham

CEO, BDC at BDC Capital · Joined 2015

View Live Interactive Profile →

Biography

Michael Denham served as President and Chief Executive Officer of the Business Development Bank of Canada, the federal Crown corporation whose investment arm is BDC Capital, from August 2015 until 2021, and was reappointed to the post by the Government of Canada in 2020. He joined National Bank of Canada in September 2021 as Vice-Chairman, Commercial Banking and Financial Markets, and was named Executive Vice-President and Vice-Chair effective March 1, 2025, with responsibility for leading the integration of CWB. Before BDC he led AquaTerra Corporation and held senior roles at Accenture, CGI Group, Bombardier and McKinsey & Company. He joined the board of Endeavor Canada in September 2025 and studied at Princeton University and the London School of Economics.

Education

Previous Experience

Board Seats

Career Timeline

2015
Appointed President and Chief Executive Officer of the Business Development Bank of Canada, effective August 10.
2020
Reappointed as President and CEO of the Business Development Bank of Canada by the Government of Canada.
2021
Joined National Bank of Canada on September 7 as Vice-Chairman, Commercial Banking and Financial Markets.
2024
Named Executive Vice-President and Vice-Chair of National Bank of Canada, effective March 1, 2025, to lead the integration of CWB.
2025
Joined the board of directors of Endeavor Canada in September.

Sources & References

National Bank Welcomes Michael Denham as Vice-Chairman, Commercial Banking and Financial Markets ↗National Bank Announces Changes to Senior Leadership Team (December 2024) ↗Government of Canada announces the reappointment of the President and CEO of the Business Development Bank of Canada ↗BetaKit - BDC named Michael Denham as its new President ↗Endeavor Canada Welcomes Michael Denham to its Board of Directors ↗BDC Capital ↗