By Melissa Shin and Christine Dobby
(Bloomberg) — Canadian Imperial Financial institution of Commerce named Christian Exshaw group head of capital markets, a part of a sequence of appointments that accompany Harry Culham changing into chief government officer later this 12 months.
Exshaw, who can have the title of senior government vp and exchange Culham overseeing capital markets on Nov. 1, has been deputy head of capital markets since September and with the financial institution since 2008, based on his LinkedIn profile. Culham grew to become chief working officer in April and can succeed Victor Dodig as CEO on Nov. 1.
“From his early days on the buying and selling ground to his a few years in key management roles throughout capital markets, Christian is understood for his clear give attention to our purchasers, execution, innovation and bringing a development mindset to our financial institution,” Culham mentioned in an announcement.
Shawn Beber, head of CIBC’s US enterprise, will develop into a particular adviser on Nov. 1 and retire on July 1, 2026. Beber, who joined the financial institution in 2002, beforehand served as chief threat officer and common counsel. He’ll get replaced within the US oversight function by Kevin Li, at present head of world funding banking. Li has been with CIBC since 1994.
Additionally retiring are Kikelomo Lawal, the financial institution’s chief authorized officer, and Jon Hountalas, vice chair of North American banking. Lawal is being changed by Stephen Scholtz, who was most just lately common counsel for Canada and has been with CIBC for nearly twenty years.
Additionally getting new roles or tasks as a part of the adjustments:
- Christina Kramer will develop into chief administrative officer.
- Hratch Panossian will add oversight of contact facilities and shopper advertising to his function as head of private and enterprise banking.
- Susan Rimmer will oversee CIBC Caribbean as head of business banking and wealth administration.
- Amy South will probably be government vp within the workplace of the CEO and chief of employees.
CIBC, Canada’s fifth-largest financial institution, has seen a number of management adjustments in its capital-markets enterprise previously 12 months and a half. In Might, it employed Alfred Traboulsi to steer its US investment-banking group.
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Final modified: August 12, 2025