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Canfor Pulp Products appoints new board member

June 16, 2021  By P&PC Staff

Canfor Corporation and Canfor Pulp Products have named Sandra Stuart as their newest board member.

Stuart was the first female CEO of a major bank in Canada and has an international banking career spanning 40 years and three countries. She serves on the boards of HSBC Trinkaus & Burkhardt, Belkorp Industries Inc. and DRI Healthcare Trust.

She is the former executive director, group general manager and president and CEO of HSBC Bank of Canada, and has held progressively senior banking roles in Canada and abroad, including in the U.S. and Brazil.


Stuart has also served on the boards of HSBC Bank of Canada and as the chair of the board for HSBC Global Asset Management (Canada) Limited.

“We welcome Sandra to both Canfor and Canfor Pulp’s boards and are excited about the knowledge and diverse background Sandra will bring to our teams,” says Don Kayne, CEO of Canfor Corporation and Canfor Pulp, in a statement.

“Sandra’s extensive experience on a global scale will be extremely valuable as we pursue Canfor’s vision of being the most innovative and sustainable global resource company.”

Stuart has been active in her community serving as a member of the Business Council of Canada and governor of the Business Council of British Columbia. She has been a member of the board of governors of Pathways to Education Canada, a member of the University of British Columbia’s (UBC) Sauder School of Business faculty advisory board and the leadership co-chair for the United Way of the Lower Mainland.

In addition, Stuart has been recognized by the Association of Women in Finance for Excellence in the Private Sector and acknowledged as one of British Columbia’s Most Influential Women by BC Business.

The Women’s Executive Network awarded her the inaugural Deloitte Inclusion Vanguard Award and recognized her as one of Canada’s Most Powerful Women (Top 100). She is also a Catalyst Canada Honours Champion recognizing her transformation contributions to workplace inclusion and inclusive leadership.

“Sandra is a well-respected and admired leader and we look forward to drawing upon her vast experience,” says John R. Baird, chair of Canfor Corporation and Canfor Pulp Products. “I am confident that her strong voice will make a positive impact on our companies.”

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