Frank McKenna

Frank McKenna is a Canadian businessman and politician who is best known for his tenure as the Premier of New Brunswick and his current role as Deputy Chairman of TD Bank. He is a Canadian businessman and former politician and diplomat. He is currently Deputy Chairman of the Toronto-Dominion Bank. He served as Canadian Ambassador to the United States from 2005 to 2006. He served as the 27th premier of New Brunswick from 1987 to 1997, winning every seat in the province in his first election.

Early life

McKenna was born in Apohaqui, New Brunswick, Canada on August 15, 1948. He grew up in a small town in the province and was the eldest of eight children of Olive and Joseph McKenna. He attended a local high school and did well in classes.

He was raised Catholic and completed a bachelor’s degree in Political Science and Economics at St. Francis Xavier University, then began graduate studies at Queen’s University in Ontario. When he once received advice that most politicians start as lawyers, he decided to pursue law.

After completing his education, McKenna began working in the public sector, starting out as a policy advisor to the Premier of New Brunswick. He quickly moved up through the ranks, working in various roles and eventually becoming the Premier of New Brunswick in 1987. During his tenure as Premier, he was credited with modernizing the province’s economy and infrastructure, and for improving the standard of living for its citizens.

He graduated from St. Thomas University with a Bachelor of Arts degree in 1970 and later earned a Bachelor of Laws degree from the University of New Brunswick in 1973.

McKenna served as Premier for a decade, from 1987 to 1997. He then left politics and returned to the private sector, where he held various leadership roles. He served as the Canadian Ambassador to the United States from 2005 to 2006, and since then, he has held various leadership roles in the business sector.

Frank and his wife Julie have three grown children and seven grandchildren.

Career

After completing his education, McKenna began his career as a lawyer in the town of Chatham, New Brunswick. In 1983, he was elected to the Legislative Assembly of New Brunswick as the Member of the Legislative Assembly (MLA) for the riding of Chatham. He served as a member of the opposition until 1987, when his party, the Liberal Party of New Brunswick, was elected to government.

McKenna was appointed as the Minister of Economic Development in the new government and later served as the Minister of Education, the Minister of Justice, and the Minister of Supply and Services. In 1987, he was elected as the leader of the Liberal Party and served as the Premier of New Brunswick from 1987 to 1997. During his tenure as Premier, he led the province through a period of significant economic and social development and was considered one of the most popular and successful premiers in the country.

In 1999, McKenna announced his resignation as Premier and returned to the private sector. He joined TD Bank as the Vice Chairman and later became the Deputy Chairman. During his tenure at TD, he has played a key role in the bank’s expansion and strategic planning and is considered one of the most influential figures in the Canadian banking industry.

McKenna is also known for his philanthropic and community involvement. He is the founder of the Frank McKenna Centre for Communications and Business at St. Thomas University, which is dedicated to the study of communications and business. He also serves as a member of the Board of Directors of a number of companies and organizations, including the Canadian Council of Chief Executives and the Royal Bank of Canada.

Net Worth

Frank McKenna is estimated to be worth about $34.1 million.

Achievement

In terms of his achievements, during his tenure as Premier, he led New Brunswick through a period of significant economic growth and modernization. He helped to attract new investment to the province, and he was credited with helping to create jobs and improve the standard of living for its citizens. He also focused on infrastructure development, investing in new highways and other transportation projects, as well as in education and healthcare.

In the private sector, he helped to develop TD bank’s business in Canada and the US. He is well respected for his business acumen and his leadership skills. He is considered to be one of Canada’s most respected business leaders and he continues to be active in the business community.

McKenna is also an active philanthropist and community leader. He serves on the board of various organizations and is actively involved in philanthropic work. He’s a member of the board of trustees of the Canadian Museum of History and the Canadian Museum of Nature, and also serves as a director of various other organizations.

Some of the achievements he is known for include:

  • Officer of the Order of Canada
  • Order of New Brunswick (2004)
  • Canadian Ambassador to the United States of America in 2005
  • recipient of nine honorary degrees