Jon Hountalas turns into vice chair of CIBC’s North American banking operations together with retail, industrial, and wealth administration. He’s at present senior EVP and group head of economic banking and wealth administration for Canada.
“Jon is a well-respected chief, notably within the enterprise neighborhood, who acknowledges the worth of relationship constructing to the long-term vibrancy of our financial institution,” mentioned Dodig. “We’re indebted to his 40 years of banking expertise which positions him nicely to additional the main focus of our North American client-driven technique and connecting shoppers to our enterprise throughout the financial institution.”
Hountalas will proceed to report back to Dodig and serve on the financial institution’s Govt Committee.
Susan Rimmer can be senior govt vp and group head of Industrial Banking & Wealth Administration and can be a part of the financial institution’s Govt Committee reporting to Victor Dodig. She is at present serving as Managing Director and Head, International Company & Funding Banking.
“Susan has been a key contributor to connectivity throughout our financial institution in main our company banking and funding banking capabilities, working carefully with different groups to fulfill the broader wants of shoppers throughout CIBC,” mentioned Mr. Dodig. “Her sturdy working relationships throughout our financial institution will present continuity as she takes on the management for this group, and her confirmed monitor file for delivering progress will assist to additional our alternatives throughout these companies transferring ahead.”