Client - focused strategy

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CIBC Announces Senior Executive Leadership Changes
Prnewswireยท 2025-08-12 11:27
Core Insights - CIBC announced senior leadership appointments to enhance its client-focused strategy and prepare for future growth, with Harry Culham taking over as President and CEO on November 1, 2025 [1][2] Leadership Appointments - Harry Culham will assume the role of President and CEO, emphasizing a client-focused strategy and a connected culture [1][2] - Christian Exshaw appointed as Senior Executive Vice-President and Group Head, Capital Markets, responsible for global capital markets [2] - Kevin Li appointed as Senior Executive Vice-President and Group Head, U.S. Region; President and CEO, CIBC Bank USA, focusing on cross-border business growth [2] - Christina Kramer appointed as Senior Executive Vice-President and Chief Administrative Officer, overseeing Technology, Infrastructure, Innovation, and ESG initiatives [2] - Hratch Panossian continues as Senior Executive Vice-President and Group Head, Personal and Business Banking, expanding his role to include contact centers and client marketing [2] - Susan Rimmer remains Senior Executive Vice-President and Group Head, Commercial Banking and Wealth Management, adding oversight of CIBC Caribbean [2] - Amy South appointed as Executive Vice-President, Office of the CEO and Chief of Staff, responsible for various strategic initiatives [3] - Stephen Scholtz appointed as Global Chief Legal Officer, bringing extensive legal experience to the role [3] Retirements and Transitions - Shawn Beber will retire on July 1, 2026, after 23 years, transitioning to a Special Advisor role on November 1, 2025 [3] - Kikelomo Lawal will also retire, having led Legal and ESG strategy development [3] Company Overview - CIBC is a leading North American financial institution serving 14 million clients across various sectors, offering a comprehensive range of financial services [5]