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Statement on the death of Cedric Ritchie

Montreal, March 22, 2016 – It is with great sorrow that we mark today the passing of Canadian financial pioneer and former Chairman of BDC, Cedric Ritchie.

During his impressing career, Mr. Ritchie introduced new banking services to Canadians and was a proponent of innovation in the financial sector. In 1981, his numerous achievements earned him an appointment to the Order of Canada.

Our industry has lost a visionary leader who worked tirelessly to build bridges across borders and boost Canada’s financial and economic engagement with other parts of the world. During his tenure as Chairman of BDC, he showed outstanding leadership at a critical time in our history.

On behalf of BDC, we would like to extend our sincerest condolences to Mr. Ritchie’s family during this difficult time.

Samuel L. Duboc, Chairman
Michael Denham, President and CEO



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