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Innovate BC names new president and CEO

Peter Cowan, Innovate BC's new president and CEO. Photo provided by Innovate BC.

Innovate BC announced Jan. 29 that Peter Cowan will be the B.C. Crown Agency’s next president and CEO effective Feb. 5, 2024. Cowan assumes the role from interim president and CEO Tomica Divic, Innovate BC’s vice president of operations.

“We are delighted to welcome Peter Cowan to Innovate BC,” said Andrew Petter, Innovate BC’s board chair with the announcement. “Peter understands that innovation is key to creating good jobs and building an inclusive, sustainable economy for the benefit of all British Columbians. His extensive knowledge of our province’s innovation ecosystem, coupled with his policy background and far-reaching experience in both the private and public sectors, make him an ideal person to lead the agency at this critical time.”

Cowan’s most recent role was interim CEO at Intellectual Property Ontario, where he launched the new IP agency for the Province of Ontario. He is also the founder of Northworks IP and co-founder and past board member of the Innovation Asset Collective. He has a Bachelor of Engineering (Mechanical) and an MBA from the University of Victoria, and an LLM degree from Osgoode Hall Law School.

“I am thrilled to have the opportunity to lead this vital organization that drives long term economic prosperity for British Columbia,” said Cowan. “Innovate BC has a proven track record of strengthening our innovation ecosystem and creating opportunities for innovators, industries and other stakeholders. I look forward to working with such a dedicated team to build on this success and to make further progress on our mandate from the Province.”