Una Power - Bank of Nova Scotia Independent Director

BNS Stock  CAD 75.94  0.23  0.30%   

Director

Ms. Una M. Power is an Independent Director of the Company. Una Power is a corporate director and the former Chief Financial Officer of Nexen Energy ULC, a former publiclytraded energy company that is a whollyowned subsidiary of CNOOC Limited. During her 24 year career with Nexen, Ms. Power held various executive positions with responsibility for financial and risk management, strategic planning and budgeting, business development, energy marketing and trading, information technology and capital investment since 2016.
Age 54
Tenure 8 years
Professional MarksCPA
Address 40 Temperance Street, Toronto, ON, Canada, M5H 0B4
Phone416 866 6161
Webhttps://www.scotiabank.com
Power holds a B.Comm. from Memorial University and CPA, CA and CFA designations. She has completed executive development programs at Wharton Business School and INSEAD.

Bank of Nova Scotia Management Efficiency

At this time, Bank of Nova Scotia's Return On Tangible Assets are very stable compared to the past year. As of the 16th of November 2024, Return On Assets is likely to grow to 0.01, while Return On Capital Employed is likely to drop 0.01. At this time, Bank of Nova Scotia's Fixed Asset Turnover is very stable compared to the past year. As of the 16th of November 2024, Return On Assets is likely to grow to 0.01, while Non Currrent Assets Other are likely to drop (3.3 B). Bank of Nova Scotia's management efficiency ratios could be used to measure how well Bank of Nova Scotia manages its routine affairs as well as how well it operates its assets and liabilities.
Bank of Nova has accumulated 313.81 B in total debt with debt to equity ratio (D/E) of 0.14, which may suggest the company is not taking enough advantage from borrowing. Debt can assist Bank of Nova Scotia until it has trouble settling it off, either with new capital or with free cash flow. So, Bank of Nova Scotia's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bank of Nova Scotia sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bank to invest in growth at high rates of return. When we think about Bank of Nova Scotia's use of debt, we should always consider it together with cash and equity.

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The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada. Bank of Nova Scotia operates under Banking classification in Canada and is traded on Toronto Stock Exchange. It employs 90978 people. Bank of Nova (BNS) is traded on Toronto Exchange in Canada and employs 89,239 people. Bank of Nova Scotia is listed under Diversified Banks category by Fama And French industry classification.

Management Performance

Bank of Nova Scotia Leadership Team

Elected by the shareholders, the Bank of Nova Scotia's board of directors comprises two types of representatives: Bank of Nova Scotia inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bank. The board's role is to monitor Bank of Nova Scotia's management team and ensure that shareholders' interests are well served. Bank of Nova Scotia's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bank of Nova Scotia's outside directors are responsible for providing unbiased perspectives on the board's policies.
Brian Porter, President, Chief Executive Officer, Director
Ignacio Deschamps, Group Head - International Banking and Digital Transformation
Kevin Teslyk, Executive Vice President - Canadian Business Banking
Susan Segal, Independent Director
Michael Zerbs, Executive Vice-President and Co-Head Information Technology, Enterprise Technology
Francisco Silva, Group Banking
BA BSc, Group Banking
Chris Manning, Executive Banking
Gillian Riley, Executive-Vice-President -Canadian Commercial Banking
Rania Llewellyn, Executive Vice President - Global Business Payments
Michelle Khalili, MD Markets
Barbara Mason, Group Head and Chief Human Resources Officer
Shawn Rose, Executive Vice President, Chief Digital Officer
Jake Lawrence, Co-Group Head, Global Banking and Markets
Maria Theofilaktidis, Executive Vice President, Chief Compliance Officer, Head of Enterprise Risk
Ashley Veasey, Executive Vice President - & Global Chief Information Officer, Business Technology
Jenny Poulos, Chief Officer
BCom AMP, CEO Director
Michael Henry, Executive Vice-President Retail Payments, Deposits and Unsecured Lending
Nora Aufreiter, Independent Director
Rajagopal Viswanathan, Chief Financial Officer, Executive Vice President
James Neate, Co-Group Head, Global Banking and Markets
Nicole Frew, Executive Officer
Philip Smith, VP Relations
Julie Walsh, Corporate VP
Dan Rees, Executive Vice President - Operations
Chadwick Westlake, Executive Vice President and Enterprise Productivity & Canadian Banking Finance
Aaron Regent, Independent Chairman of the Board
Tiff Macklem, Independent Director
Miguel Labarthe, Executive Vice President and Country Head, Scotiabank Peru
Phil Thomas, Executive Vice President - Customer Insights, Data & Analytics
Daniel Moore, Executive Vice President Chief Market Risk Officer, Chief Risk Officer
Ian Arellano, Executive Vice President General Counsel
L Thomson, Independent Director
Neal Kerr, Executive Management
Tracy Bryan, Executive Vice President - Global Operations
Paul Baroni, Executive Vice President and Chief Auditor
Alex Besharat, Executive Vice President - Canadian Wealth Management
John McCartney, Head Relations
Tom McGuire, Executive Vice President Treasurer
Meigan Terry, Chief VP
Michael Penner, Independent Director
John Doig, Executive Vice President, Retail Distribution
Guillermo Babatz, Independent Director
Francisco Taboada, Executive Vice President and Country Head, Scotiabank Chile
Indira Samarasekera, Independent Director
Una Power, Independent Director
Daniel Rees, Group Banking
Glen Gowland, Executive Vice President - Global Wealth Management
Charles Dallara, Independent Director
Scott Thomson, Independent Director
Benita Warmbold, Independent Director
Philip BA, Group Officer
Loretta Marcoccia, Chief Operating Officer, Executive Vice President - Global Banking and Markets
Scott Bonham, Independent Director
Adrian Rosiles, Executive Vice President and Country Head, Scotiabank Mexico
Anya Schnoor, Executive Vice President Retail Payments, Deposits and Unsecured Lending

Bank Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Bank of Nova Scotia a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Bank of Nova Scotia

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank of Nova Scotia position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank of Nova Scotia will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Bank of Nova Scotia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of Nova Scotia when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank of Nova Scotia - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank of Nova to buy it.
The correlation of Bank of Nova Scotia is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank of Nova Scotia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of Nova Scotia moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank of Nova Scotia can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Bank of Nova Scotia is a strong investment it is important to analyze Bank of Nova Scotia's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bank of Nova Scotia's future performance. For an informed investment choice regarding Bank Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Nova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Please note, there is a significant difference between Bank of Nova Scotia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Nova Scotia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Nova Scotia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.