User Not Found | Feb 29, 2016
We were extremely saddened to hear of the recent passing of Donald J. Johnston, FPSC’s Founding President and CEO, who led FPSC through its first decade of development and operation.
We were extremely saddened to hear of the recent passing of Donald J. Johnston, FPSC’s Founding President and CEO, who led FPSC through its first decade of development and operation. Don’s vision of the establishment of financial planning as a profession in Canada, distinguished by the Certified Financial Planner® certification, set the foundation for the evolution of financial planning in Canada.
Among Don’s most important contributions was the negotiation of the much sought-after agreement to sub-license the internationally recognized CFP® marks in Canada. His talent and tenacity brought together a traditionally disparate group of key players in the financial services industry in an unprecedented cooperative effort that brought FPSC (then called the Financial Planners Standards Council of Canada) into existence in November 1995. During his time at FPSC, he played a leadership role in advancing the financial planning profession, including his election as Chair of the International Advisory Council to the global Financial Planning Standards Board.
Prior to his work with FPSC, Don’s career was long and varied, encompassing education, private business and association management. He served as Vice President and COO of the Canadian Institute of Financial Planning, was a partner and National Director of Education Standards at Ernst and Young, Toronto, and was elected a Fellow in the Canadian Institute of Chartered Accountants during his tenure as Professional Practice Director of the School of Accountancy at the University of Waterloo. He also served as Dean of Academic Studies in the School of Business at McMaster University.
Following his retirement from FPSC in 2005, Don and his wife enjoyed many happy and robust years on their country farm.
In 2006, FPSC established the Donald J. Johnston Award to formally recognize and honour Don’s spirit, imagination, dedication and contribution in establishing and leading FPSC through its first successful decade as the standard-setting organization for the emerging financial planning profession in Canada.
FPSC extends its heartfelt condolences to Don’s family and friends.