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Canada's CIBC names capital markets head Harry Culham as next CEO, Dodig to retire


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Canadian lender CIBC on Thursday named capital markets head Harry Culham as its next CEO, replacing Victor Dodig who will retire in October after over a decade at the top.

CIBC has announced that Harry Culham, currently the head of its capital markets division, will succeed Victor Dodig as CEO when Dodig retires in 2024. Victor Dodig, who has been with CIBC for 37 years and CEO since 2014, will transition to the role of executive chair. Under Dodig's leadership, CIBC has seen significant growth, particularly in the U.S. market, and has focused on enhancing its digital capabilities and client relationships. The transition is part of a planned succession strategy, with Culham, who has been with the bank for 13 years, taking over to continue driving the bank's strategic initiatives.

Read the Full Reuters Article at:
[ https://www.msn.com/en-ca/money/topstories/canadas-cibc-names-capital-markets-head-harry-culham-as-next-ceo-dodig-to-retire/ar-AA1APRUy ]

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