Board Chair

Ray Williams

Managing Director & Vice Chairman National Bank Financial


Ray Williams

Ray Williams is a financial services executive with more than 35 years of experience in Global Capital Markets. His expertise is in debt capital markets and has held leadership roles in marketing, trading, risk advisory & execution as well as securitization.

As a Financial Services executive, specializing in global capital markets, Mr. Williams has extensive experience in Cash and Derivatives products in multiple asset classes, Infrastructure Financing, Provincial & Federal Liability Management, and Mortgage Finance Companies (MFC) Financing and Hedging of Securitized Product. Mr. Williams currently holds the position of Vice Chairman, Financial Markets at National Bank Financial, one of the top six investment dealers in Canada. In this role, he is responsible for facilitating engagements with strategic accounts, working closely with will all the Financial Markets business lines to promote the Bank’s client-centric approach. He also represents the Bank in several Sustainable Finance forums and transition initiatives. He is also be a key contributor in the elaboration of the Bank’s Affordable Housing commitments.

Mr. Williams is also committed to community engagement, particularly in the area of diversity and inclusion efforts. He has a fundamental belief in community engagement reflected in his continuing charitable contributions and engagement, to various non-profit and charitable organisations such as 100 Strong.ca an organization focused on changing the narrative around young black boys and one that inspires excellence without excuses in those boys.


Leadership Board Member, Governance, Communications 100Strong Foundation (2012 – current)

External Advisory Group Member, “Embracing Change”, Federal Government of Canada (2000-2006)

Past & Founding President, Mentor, & Advisory Board Member, Canadian Association of Urban Financial Professionals (CAUFP) (1997 – current)

Member, Pension Investment Committee of the United Way of Greater Toronto (2008 -2013)

National Bank Representative, The Toronto City Summit initiative & BankSETA International Development Program (2005 – 2008)

Board Member, Canadian Foundation for Aids Research (CANFAR 2007-2012)

Advisory Board Member & Co-Chair, CANFAR’s Investment Committee

Co-Founder & Chair, Black Opportunity Fund (June 2020 – current)

Member, Centennial College’s Financial Services Program Advisory Committee (PAC)

Member, Pension Investment Management Committee (PIMC) of the Chartered Professional Accountants (CPA) of Canada (2016 – 2021)