Prime Minister Mark Carney has appointed former colleague Doug Guzman, a longtime Bay Street executive and former Royal Bank of Canada deputy chair, as CEO of the new Defence Investment Agency.
Guzman's tenure at Royal Bank of Canada and his extensive banking backround certainly bring valuable financial expertise to the defence procurement space. RBC has significant experience with large-scale corporate financing and infrastructure projects, which could be useful for the Defence Investment Agency's mandate. It will be interesting to see how private sector banking practices translate to government defence procurement - these are quite different risk profiles and accountability structures. The real test will be whether this new agency can streamline procurement processes while maintaining proper oversight.
Wow! It never ends with these Liebranos ! Why is this new bureaucracy even needed except to give his butt buddy a great job .
Aren’t enough supposedly high paid bureaucrats in Ottawa already? If the Carnage needs this guy because there is incompetence in the present procurement swamp then dump a bunch of those incompetent trough feeders .
Guzman's tenure at Royal Bank of Canada and his extensive banking backround certainly bring valuable financial expertise to the defence procurement space. RBC has significant experience with large-scale corporate financing and infrastructure projects, which could be useful for the Defence Investment Agency's mandate. It will be interesting to see how private sector banking practices translate to government defence procurement - these are quite different risk profiles and accountability structures. The real test will be whether this new agency can streamline procurement processes while maintaining proper oversight.
Wow! It never ends with these Liebranos ! Why is this new bureaucracy even needed except to give his butt buddy a great job .
Aren’t enough supposedly high paid bureaucrats in Ottawa already? If the Carnage needs this guy because there is incompetence in the present procurement swamp then dump a bunch of those incompetent trough feeders .
Piggy at the trough
Nonsense!