TORONTO, Jan 7, 2025 /CNW/ – The CIBC Bank (TSX: CM) (NYSE: CM) pays tribute to its former President and CEO, John Hunkinwho died earlier this week. Mr. Hunkin led CIBC from 1999 to 2005.
“John Hunkin was an inspiring leader who dedicated his career to CIBC,” said Victor DodigPresident and CEO of CIBC. “He leaves a lasting legacy, including his many accomplishments during his 36-year career with our bank, and will long be remembered by our CIBC team.” Additionally, his philanthropic contributions in the areas of health care and education have positively impacted the lives of many Canadians, and he will be remembered as a true Canadian success story that has continued to give back to offer others a better future. »
Mr. Hunkin took over as CEO of CIBC in 1999. During his tenure, CIBC made the fundamental acquisition of Merrill Lynch’s brokerage business in Canadathereby strengthening CIBC Wood Gundy and the bank’s position in wealth management, and constituting a key pillar of its current success in this sector.
He has always been guided by his belief in CIBC’s growth potential and its ability to lead, essential elements of the bank’s goal of helping to move ideas of its customers to reality.
Outside of his professional career, Mr. Hunkin often devoted himself to helping others.
“John and his wife, Susan Crockerhave contributed to the advancement of education and health care in the Canada thanks to their many charitable donations over the years, including notable contributions to health care in Nova Scotia, where John settled after retiring from our bank in 2005,” added Mr. Dodig.
In tribute to his influence on our activities and our country, Mr. Hunkin received the Order of Canada in 2019 for his extraordinary contribution to Canada and for his leadership in philanthropy to strengthen our country for the future.
“The entire CIBC team extends our condolences to Mr. Hunkin’s family and will remember him as a bold and authentic leader who cared about the communities where we live,” added Mr. Dodig .
About CIBC
CIBC is a major North American financial institution with 14 million customers, both individuals and businesses, including institutional and public sector clients. Through Personal and Small Business Banking, Commercial Banking and Wealth Management, and Capital Markets, CIBC offers a comprehensive range of advice, solutions and services through its digital banking network of foreground, and its locations throughout the Canadain the United States and around the world. Additional news releases and information about CIBC can be found at https://www.cibc.com/en/about-cibc/media-centre.html.
SOURCE CIBC – Business
For further information: Stephanie Marcus, CIBC Communications and Public Affairs, 416-643-6358, [email protected]
