Tom Da Silva - Past President
Tom graduated from NDSS in 1973 and attended University of Waterloo in Honours Kinesiology. During his second year at Waterloo Tom married Kathy and started their family of three sons who have gifted them with five grandchildren, so far.
Tom joined the financial services industry in 1976 and by 1992 obtained the position of Senior Manager for Mutual Funds at National Trust (NT). Tom spent 2 years researching the psychology of investors while becoming a student of Modern Portfolio Theory, to create a tool that would help investors select the appropriate investments to meet their financial goals. This was a pre-cursor for the launch of both discretionary portfolio management and the first life-cycle investment products for retail customers into the Canadian mutual funds market. Following the acquisition of NT by Scotiabank in 1997, Tom was the project lead for the rationalization and merger of the two mutual funds families. Creating and facilitating the training of Scotiabank staff on asset allocation and providing customer advice on mutual fund investing was followed by the relaunching of the mutual fund offerings of the Bank in The Cayman Islands for International investors. Setting an International accreditation standard on behalf of the Bank for mutual fund sales representatives Tom worked closely with the Canadian Securities Institute (CSI) to redesign their Canadian Mutual Funds Accreditation Course to make it appropriate for international markets. During his final role as Director, Sales & Marketing – International Wealth Management at Scotiabank, Tom successfully rolled out the CSI International Mutual Funds Accreditation Course in both English and Spanish to The Cayman Islands, Jamaica, Trinidad & Tobago, Curacao, Costa Rica, Mexica, Chile and Peru. Tom’s earlier work on discretionary portfolio management sees various products available through-out several Caribbean locations at Scotiabank and its affiliates today. Tom was influential with securities regulators in Jamaican, Trinidad & Tobago, Curacao, Cost Rica and Thailand as they sought to align their regulations to the Canadian standard for mutual fund investors. Training investments advisors and dozens of public speaking engagements both domestically and internationally provided Tom with his greatest professional satisfaction. Tom retired from Scotiabank in December 2012 presented with the ‘Lifetime Achievement Award’ for his dedication to the Applause (an employee recognition) program within International Asset Management.
During his professional career Tom has served on multiple community boards including, The Bowmanville Hospital Foundation, The Rotary Club, The Riverdale Community Singers and the Metropolitan Community Church Toronto.
Tom and his husband James retired to the Napanee area and are enjoying their waterfront home on Long Reach. Tom finds significant pleasure in his gardens and serving with the Community Foundation for Lennox and Addington.