02:49 PM EDT, 10/09/2024 (MT Newswires) -- Scotiabank (BNS.TO, BNS) on Wednesday afternoon announced the retirement of Gillian Riley as President and CEO of Tangerine, and the appointment of Terri-Lee Weeks in her place, effective Nov. 1, 2024.

Ms. Riley, who has had a 31-year career with Scotia, will stay on as Strategic Advisor at Tangerine until Dec. 31, 2024 and as Chair of the Board of Roynat Capital.

Tangerine Bank (operating as Tangerine) is a Canadian direct bank that is a subsidiary of Scotiabank. Roynat Capital is a wholly owned subsidiary of Scotiabank.

Ms. Weeks joined Scotiabank in September 2021 as Executive Vice President, Retail Customer. "Terri-Lee is a seasoned leader with deep experience across Retail Banking, Wealth Management and Capital Markets," said Aris Bogdaneris, Group Head, Canadian Banking at Scotia.

BNS was down $0.37 at $71.13 at last look.

Price: 71.12, Change: -0.38, Percent Change: -0.53