Aug 12 (Reuters) - Canadian lender CIBC
reshuffled its executive team on Tuesday, as it prepares for
incoming Chief Executive Officer Harry Culham to take the helm
in November.
The bank named Christian Exshaw its group head of capital
markets, home to its crucial investment banking arm. It also
appointed Kevin Li as the U.S. region chief to boost its ranks
in a key international market.
Hratch Panossian will be CIBC's head of personal and
business banking, while Susan Rimmer will lead commercial
banking and wealth management.
The appointments reflect the fifth largest Canadian bank's
efforts to sharpen its strategic focus ahead of a leadership
shift in November, when Culham will take over as CEO from
veteran Victor Dodig, who is retiring.
Culham joined CIBC in Vancouver as an intern, participating
in its graduate programs. He held senior banking roles in Europe
and Asia before rejoining CIBC in 2008. He became the head of
the capital markets unit in 2015.
Other changes at the company include the appointment of
Christina Kramer as CIBC's chief administrative officer and Amy
South as executive vice president of the CEO's office. Stephen
Scholtz will also become the bank's global chief legal officer.
(Reporting by Niket Nishant in Bengaluru and Nivedita Balu in
Toronto; Editing by Shinjini Ganguli)