Graham Ford Towers, CC (September 29, 1897 – December 4, 1975) was the first Governor of the Bank of Canada from 1934 to 1954. Born in Montreal, Quebec, educated at St. Andrew's College in Toronto, he graduated from McGill University in 1919. During World War II, he was Chairman of the Foreign Exchange Control Board and Chairman of the National War Finance Committee. From 1944 to 1954, he was President of the Industrial Development Bank and from 1946 until 1954 he was alternate Governor for Canada at the International Monetary Fund. A longtime executive at the Royal Bank of Canada he was a strong proponent of the creation the Bank of Canada, Canada's Central Bank. He led the Bank of Canada for twenty years before he was succeeded by James Coyne. In 1969, he was made a Companion of the Orde