Well-known, successful Islander only person from Prince Edward
Island awarded title of Top 50 CEO in 2008 by Atlantic Business
P.E.I. businessman Tim Banks was recognized as a Top 50 CEO for
the fifth time and has been inducted into the Atlantic Business
Magazine Hall of Fame. The ceremony was held on the weekend in
The citation says the winners of this award are chosen because
the CEO is an exceptional business leader, dedicated to growing
their business and also a supporter of their community.
Atlantic Business Magazine says that its Top 50 CEO award
winners are also a little bit lawless, in the most positive
sense of the word, because “they consistently question the
status quo. They rarely follow convention. And they are always
searching for more efficient and effective ways of getting the
This description fits Bank perfectly, said the magazine. Banks
was the only person from Prince Edward Island to be chosen as a
top 50 CEO in 2008.
As the head of one of the largest construction and design-build
companies in the Atlantic region, Banks looked to his parents as
being the source of his success. “My parents didnâ€™t have much,
but they worked hard and they always made me look for the best
in everyone,” he says of his early influences. “They
always made me feel confident and they instilled in me the sense
that I had the same abilities as everyone else. They taught me
not to be afraid of following my dreams.”
The Atlantic Business Magazine Hall of Fame was created as a way
of honouring those that made the Top 50 CEO list five times.
This year, Banks was included as one of only 18 people who have
accomplished this since the awards inception.
Banksâ€™ construction company, APM, has grown to include offices
in Charlottetown, Halifax, Toronto and Calgary, employing
hundreds of people, and earning millions of dollars in annual