G. Raymond Chang, O.C., O.J.
(November 23 1948 – July 27 2014)
"It’s people who make any successful enterprise."
G. Raymond Chang is recognized as an outstanding business leader and philanthropist. His inspired counsel, support and significant investments of personal resources have advanced education and healthcare as well as fostered entrepreneurship.
BrightLane embraces G. Raymond Chang’s legacy of investing in lifelong learning and celebrates his entrepreneurial leadership, business acumen and vision of great possibilities.
Ray established BrightLane as an inspiring home for entrepreneurs, where ideas and thoughts are shared in order to accelerate business success and achieve personal dreams.
Forged from a diverse background, Ray applied his ability to adapt and a drive to succeed throughout his business and personal endeavours. He co-founded and grew Canada’s third-largest fund manager, CI Financial, along with software innovator Mercatus Technologies, and most recently BrightLane.
Business Philosophy and Leadership
"I think of leadership as knowing when to step forward and when to step backward and then actually doing it. That is what has brought me here".
Ray’s early entrepreneurial spirit was fired up and honed as a teenager working at his family’s bakery in Kingston, Jamaica. That is where he learned the key elements of building a successful enterprise and applied them throughout.
"Throughout my business life I have tried to keep focused on some simple principles:"
- Deliver a quality product/service that customers need
- Earn customers by selling the product/service
- Collect money from the sales
- Most importantly, find the right people to make it happen
About G. Raymond Chang
After a successful career with Coopers & Lybrand, where he was part of its Emerging Business Services group, Ray joined CI Financial. In his 30 years at CI, he oversaw the company's growth from a small money manager, with $5 million in assets, to become one of the largest publicly traded mutual fund companies in the country with more than $100 billion in assets under management.
Ray was Ryerson University’s third Chancellor and for his generosity, the school of continuing education was named in his honour. He also contributed and sat on the Board of the University Health Network (UHN) and the Royal Ontario Museum. The Centre For Addiction & Mental Health (CAMH), The University of the West Indies, and many other organizations and individuals also benefited from his generosity.
He received numerous awards from several communities and organizations in Canada and the Caribbean. In 2011 he was honoured with the Order of Jamaica with the Order of Canada in 2014.
CI Financial partner and friend Bill Holland said “A lot of people strive to be rich and famous. Ray’s s objective was to be generous and anonymous.”
Jamaican born and a proud Canadian, Ray believed in the best of the human spirit; that we all have the ability to extend ourselves well beyond our boundaries- whatever they may be or wherever we may be.