Cibc management team
Cibc management team financial officer Hratch Panossian will take on an operating role as head of its personal and business banking business, cibc management team, the Toronto-based bank said a statement Thursday. Panossian will have a joint line of accountability to chief executive Victor Dodig and Jon Hountalas, the group head of Canadian banking. Speculation about who could eventually be in the running to replace him has been swirling in financial circles in recent months. The bank lost one of its most obvious candidates last year when Laura Dottori-Attanasio left as head of Canadian banking.
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Cibc management team
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The shuffle in the senior ranks of the bank references the three executives widely considered to be candidates for the role of CEO. Dodig said in an interview. This is about the baton. Sometimes you hold it on your own for a while, but you hand it over. Questions on the effectiveness of succession planning have swirled since Bank of Nova Scotia stunned Bay Street by taking the rare route of tapping a board member for its CEO seat. But he has no plans to retire any time soon. Dodig said. Panossian rose through the ranks quickly since joining CIBC in , covering roles in finance, treasury, enterprise strategy and corporate development. Prior to joining the bank, he worked in various positions in the financial services and technology sectors.
Cibc management team
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Region Read bio For Shawn Beber. Chief financial officer Hratch Panossian will take on an operating role as head of its personal and business banking business, the Toronto-based bank said a statement Thursday. Read Next. You must be logged in to join the discussion or read more comments. Paul Carey U. In that role, he was responsible for the financial accounting, planning and reporting systems of the bank. Products and Services. How to be an ally Allyship can involve creating opportunities and sharing the accomplishments of others By: Melissa Shin March 7, March 7, Credit Cards. Services offered by the Canadian Imperial Bank of Commerce include corporate lending services, foreign exchange, money market instruments, structured notes, interest rate products and OTC derivatives.
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