17 Facts About Janice Fukakusa

Janice R Fukakusa was born on 1955 and is a Canadian business executive and current chancellor of Toronto Metropolitan University.

Janice Fukakusa was both the chief financial officer and the chief administrative officer of the Royal Bank of Canada for 8 years.

Janice Fukakusa was notably the Canada Infrastructure Bank's founding chairperson, a position she held from 2017 to 2020.

Janice Fukakusa was born in 1955 in a family of 8 children.

Janice Fukakusa's parents were Japanese immigrants to Canada, and her father was an entrepreneur.

Janice Fukakusa then studied to become a chartered accountant and obtained a Master of Business Administration at York University's Schulich School of Business in 1979.

Janice Fukakusa describes the latter job as a "pretty good springboard for me into the financial services and banking sector".

In 1985, Janice Fukakusa started to work at the Royal Bank of Canada in mergers and acquisitions.

Janice Fukakusa says that, in these roles, she worked to diversify the upper echelons of the bank to include more women and people of diverse backgrounds, and coached multiple women to take leadership roles at RBC.

In 2007, Janice Fukakusa was inducted into Canada's Most Powerful Women Hall of Fame.

In 2013, Janice Fukakusa took part in the administration of RBC's acquisition of Ally Canada, the Canadian operations of Ally Financial, which were fully integrated into RBC.

Janice Fukakusa retired from RBC on January 31,2017, after a 31-year career at the bank.

In July 2017, Janice Fukakusa became the founding chairperson of the board of directors of the Canada Infrastructure Bank.

Janice Fukakusa says she "spent a lot of the first six months just setting up base infrastructure, premises, governance in place, all of that".

Janice Fukakusa took part in selecting the rest of the board of directors, executives, and investment staff.

That fall, Janice Fukakusa announced her intention to step down from the bank leadership.

In 2018, Janice Fukakusa became Ryerson University's fifth chancellor, the first woman in that position.