Scotiabank says CEO Brian Porter will retire at the end of January next year.
Thomson has been a member of the Scotiabank board since 2016.
He will retire from Finning on Nov. 15 and become president at Scotiabank starting on Dec. 1 before taking over as chief executive on Feb. 1, 2023.
Hammer falls on Kanye West after he praises Hitler, posts swastika
Trudeau says assisted dying offers to veterans ‘unacceptable’ as cases mount
Porter joined Scotiabank in 1981 and became chief executive on Nov. 1, 2013.
He will serve as a strategic adviser to Thomson from Feb. 1 to April 30, 2023.