The After (Business) School Special

Indigenous Financial Nation Building and the Future of Indigenous Business with Bill Lomax

Carlee Snow Season 4 Episode 3

Bill Lomax, President & CEO of First Nations Bank of Canada speaks about Indigenous Financial Nation Building and the Future of Indigenous Business. 

Bill shares present and future factors influencing the financing of Nation-building in Indigenous communities from the perspective of the only Indigenous-owned bank in Canada. From new settlements made between Indigenous Nations and the federal Crown to new business partnerships and ventures between Nations, a series of financial and social pressure points and how they could be tackled will be highlighted.

Bill grew up in Terrace, B.C. and studied in Vancouver before heading south to spend 22 years working on Wall Street and in Private equity in the United States. As a graduate of UBC’s law school and after obtaining his MBA at Columbia University, Mr. Lomax began his career as a lawyer facilitating land claim negotiations for the British Columbia Treaty Commission. He later worked for the Canadian Federal Department of Justice before entering the investment sector in the United States, working for firms such as Merrill Lynch and Goldman Sachs.

Lomax believes the First Nations Bank of Canada will be a catalyst to create economic growth that is inclusive and sustainable in Indigenous Nations and communities. His deep experience in the US will serve him well. He worked with Native American Tribes across the US and was entrusted with over $5B in Indigenous investment and banking assets over the course of his career. 

The First Nations Bank of Canada is a federally chartered bank, with decades of experience serving Indigenous and non-Indigenous peoples throughout Canada. The FNBC has 22 branches or services centres in 6 provinces and three territories and more than $1B in holdings.

This special episode shares the exclusive talk from the 2024 Dean’s Speaker Series. The Dean’s Speaker Series is Edwards School of Business’ most prestigious event, showcases inspiring business professionals from around the world who continue to make a stellar impact on our communities.

Show Notes:

Connect with Bill and learn more about his work: 

LinkedIn: https://www.linkedin.com/in/billlomax/ 

First Nations Bank of Canada: https://www.fnbc.ca/Personal/ 

 

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This podcast is in partnership with the Edwards School of Business, University of Saskatchewan.

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