Konata Lake Appointed to BDC Board of Directors by Minister Valdez

In a recent announcement by the Honourable Rechie Valdez, Minister of Small Business and Minister responsible for the Business Development Bank of Canada (BDC), four new appointments to BDC’s Board of Directors have been unveiled, effective January 26, 2024.

Among the distinguished appointees is Konata Lake, a Partner at Torys LLP, renowned for his expertise in corporate law and investment strategies, making him a valuable addition to BDC’s leadership team.

As head of Torys’ Emerging Companies and Venture Capital Group and a member of the firm’s Mergers and Acquisitions Group, Konata Lake brings over 15 years of experience representing businesses across various corporate transactional matters. His proven track record of facilitating mergers, acquisitions, and investment deals underscores his ability to navigate complex financial landscapes with finesse and precision.

The selection process, marked by openness, transparency, and merit-based criteria, reflects Minister Valdez’s commitment to ensuring the board comprises individuals with diverse expertise and a shared dedication to advancing BDC’s mission.

Other appointees include:

  • Lena Bullock: Chief Financial Officer at Frind Properties Ltd, boasting over 32 years of senior-level financial planning and analysis experience.
  • Michael Ladha: Vice President, Chief Legal Officer, and Corporate Secretary at Newfoundland and Labrador Hydro, with over 14 years of executive and corporate director experience.
  • Melanie Nadeau: Chief Executive Officer at COVE, possessing over 20 years of experience in business development initiatives.

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