Mastercard Foundation
Mr. Michael Sabia was appointed the Deputy Minister of the Department of Finance Canada as of December 14, 2020. He is the former Director of the Munk School of Global Affairs & Public Policy at the University of Toronto.
From March 2009 to January 2020, he served as President and Chief Executive Officer of the Caisse de dépôt et placement du Québec (CDPQ), where he oversaw the strategic direction of CDPQ and the global growth of the organization.
Before joining CDPQ, Mr. Sabia held numerous senior positions with BCE, including President and Chief Executive Officer, Executive Vice-President and Chief Operating Officer, and Chief Executive Officer of Bell Canada International. From 1993 to 1999, he occupied various roles with Canadian National Railway, including Chief Financial Officer. He spent the preceding decade working as a senior official in the Government of Canada, as the Deputy Secretary to the Cabinet, and in senior positions in the Department of Finance.
Mr. Sabia obtained a Bachelor of Arts in economics and politics from the University of Toronto and holds graduate degrees in economics and politics from Yale University.
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Mastercard Foundation
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The Mastercard Foundation seeks a world where everyone has the opportunity to learn and prosper. The Foundation’s work is guided by its mission to advance learning and promote financial inclusion for people living in poverty. One of the largest foundations in the world, it works almost exclusively in Africa. It was created in 2006 by Mastercard International and operates independently under the governance of its own Board of Directors. The Foundation is based in Toronto, Canada.