top of page

Spencer Mandy

Chief Operating Officer, International

Canadian Banknote Company

Spencer Mandy is the Chief Operating Officer - International at CBN, where he leads global teams that deliver mission‑critical secure solutions for Governments and Central Banks. With more than 25 years of experience, Spencer brings a steady, values‑driven leadership approach to complex and highly regulated environments. He has led New Banknote Introoduction, Design, Development And Manufacturing projects in multiple jurisdictions worldwide over the last two decades.

Based in Ottawa, Canada, Spencer is responsible for setting strategy and driving results across a diverse international portfolio including Banknotes, Border Management Systems and Secure Identification Solutions.  He brings clarity, accountability, and collaboration to his teams, helping people stay aligned and focused on delivery. Spencer emphasizes trust and empowerment as foundations for strong performance, creating environments where teams are encouraged to take ownership, grow, and deliver consistent, long‑term value for CBN and its customers.

bottom of page