StFX appoints Monica Foster as Vice President, Finance and Administration

Monica Foster

St. Francis Xavier University is pleased to announce that Monica Foster ‘90 has been appointed as the Vice President, Finance and Administration, effective August 29, 2022. 

Ms. Foster comes to the university from the Nova Scotia Community College (NSCC) where she served as Vice President, College Services and Chief Financial Officer for the past 12 years. Ms. Foster has 25 years of progressive financial and operational leadership experience with NSCC and has been a key part of their transformation. Over her career, she has led all financial and operational areas of a large, complex, multi-unionized organization. She has experience leading financial and capital planning, human resources, labour relations, information systems, and risk management. She has experience building relationships across numerous diverse stakeholder groups, including students, staff, Board of Governors, and government officials.

Prior to her career at NSCC, Ms. Foster worked at TD and the Workers’ Compensation Board of Nova Scotia and achieved her CMA designation in 1996. She was recognized as a Fellow of the Chartered Professional Accountants of Nova Scotia in 2021. A graduate of StFX in 1990 with a Bachelor of Business Administration, Ms. Foster was also active in many societies during her time on campus.

Ms. Foster has an extensive network of contacts regionally and nationally in the post-secondary sector, serving in board roles for organizations such as Colleges and Institutes Canada, Halifax Partnership, Halifax United Way, Interuniversity Service Incorporated Board, Higher Education Information Technology Shared Services, Hope Blooms, and on the Task Force for Public Sector Accounting Board on Not-for-Profit Organizations.

She is described by her colleagues as having long engrained ethical standards, technical acumen, creativity, and agility. She puts students first and is well known to be both a team player and collaborative colleague. A great relationship builder, she helps others to achieve their goals.