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Investing.com - CIBC (TSX:CM) (NYSE:CM) announced Tuesday a series of senior leadership appointments to its executive team as Harry Culham prepares to assume the role of President and CEO on November 1, 2025.
The Canadian bank revealed that Christian Exshaw will be appointed Senior Executive Vice-President and Group Head, Capital Markets, with responsibility for Capital Markets globally. Kevin Li will become Senior Executive Vice-President and Group Head, U.S. Region, as well as President and CEO of CIBC Bank USA, while Christina Kramer will be appointed Senior Executive Vice-President and Chief Administrative Officer.
Several executives will continue in their current roles, including Hratch Panossian as Senior Executive Vice-President and Group Head, Personal and Business Banking, with an expanded mandate to include contact centers and client marketing. Susan Rimmer will remain Senior Executive Vice-President and Group Head, Commercial Banking and Wealth Management, adding oversight of CIBC Caribbean.
The bank also announced two upcoming retirements: Shawn Beber, currently Senior Executive Vice-President and Group Head, U.S. Region, will retire on July 1, 2026, after 23 years with the bank. Kikelomo Lawal, Executive Vice-President and Chief Legal Officer, will also retire from CIBC.
Amy South will be appointed Executive Vice-President, Office of the CEO and Chief of Staff, while Stephen Scholtz will become Global Chief Legal Officer. Frank Guse, Robert Sedran, and Sandy Sharman will continue in their current executive roles, providing continuity as the bank implements its client-focused strategy.
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