NSBI Announces Appointment of Interim CEO

first_imgThe board of directors of Nova Scotia Business Inc. (NSBI) announced today, July 22, that board member Ron Smith has been named interim chief executive officer while a search for a permanent CEO takes place. “Ron’s demonstrated leadership capabilities, together with his knowledge of the workings of NSBI through his tenure on the board, make him an ideal candidate to lead the organization while the search for a permanent CEO is completed,” said Janice Stairs, chair of the board of directors. “The board is very pleased that Ron has agreed to take on this interim role.” “Over the coming weeks, I will work with NSBI’s current president and CEO, Stephen Lund, to ensure an orderly transition prior to Mr. Lund’s departure in early August,” said Mr. Smith. Mr. Smith has held various senior executive roles such as chief financial officer of Maritime Tel and Tel Ltd. and senior vice-president and chief financial officer of Emera Inc. Along with serving as a member of the NSBI board of directors since September 2011, he is the past chair and a member of the board of governors of Acadia University, and also serves on the boards of AuRico Gold Inc. and PRO Real Estate Investment Trust, both listed on the Toronto Stock Exchange. Mr. Smith has previously served on the Canada Pension Plan Investment Board and the Canadian Accounting Standards Oversight Council. He is the former national president of the Canadian Association for Community Living and the former chair of the Atlantic Provinces Economic Council. Nova Scotia Business Inc. is the province’s private-sector-led business development agency. Through trade development, investment attraction, business financing and venture capital, NSBI assists local companies and attracts international companies to Nova Scotia.last_img read more

Video After Bus Fire Flames Consume Wholesale Market in Casablanca

Rabat – On Tuesday night, a massive fire broke out inside a wholesale fruit and vegetable market in Sidi Othmane, Casablanca, destroying many shops.Police have not yet reported the cause of the fire as investigations are still ongoing.Photos and videos of the incident show many citizens gathered near the market while firefighters try to put out the fire. That same day, a bus caught fire at the intersection of Boulevard Mohamed Zerktouni and Boulevard Anfa in the economic hub.Read Also: Bus Bursts into Flame in CasablancaThe bus belonged to M’dina Bus, a company Moroccans say should be replaced.The company came under fire in November, after a video spread online showing one of its bus drivers using an umbrella to take shelter from rain leaking through the roof of the bus. The driver was reportedly fired because the video went viral, adding to the anger of many Moroccans on social media condemning the poor conditions of the company’s buses. read more