Fred Dermarkar is AECL’s President and CEO. He was appointed in February 2021 for a term of three years.
Prior to joining AECL, Fred was President and CEO of the CANDU Owners Group, where he led the not-for‐profit organization to advance collaboration between CANDU nuclear reactor operators worldwide.
Fred has been working in the Canadian nuclear industry for close to 40 years. Throughout his career, he has occupied a variety of key technical and senior leadership positions at Ontario Power Generation in support of the design, commissioning, operation and refurbishment of its CANDU reactors.
Fred has received the Canadian Nuclear Association’s Ian McRae award in recognition of his substantive engineering contributions, leadership and positive influence on the Canadian nuclear industry and the advancement of nuclear energy in Canada, and the Nuclear Excellence Award from the World Association of Nuclear Operators (WANO) in recognition of his contributions to Ontario Power Generation’s overall post-Fukushima response.
As President and CEO of AECL, Fred is leading the organization in its oversight role, seeing that the priorities of Government are delivered safely and efficiently under the Government-owned, Contractor-operated model.
Fred holds a bachelor’s degree in mechanical engineering from the University of Toronto and is a registered professional engineer in the Province of Ontario.