TORONTO, Jan. 7, 2025
/CNW/ - CIBC (TSX: CM) (NYSE: CM) is
remembering former President and CEO John
Hunkin, who passed away 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 Dodig,
President and CEO of CIBC. "He leaves a lasting legacy, including
his many accomplishments over his 36-year career with our bank, and
he will be remembered fondly by our CIBC Team.
In addition, his philanthropic contributions across health care
and education have made a positive impact on the lives of many
Canadians, and he will be remembered as a true Canadian success
story who gave back to ensure others would have a brighter
future."
Mr. Hunkin took on the leadership of CIBC in 1999. During his
tenure, CIBC made a foundational acquisition of Merrill Lynch's
Canadian brokerage business, strengthening CIBC Wood Gundy and the
bank's position in Wealth Management, and providing a key pillar in
the bank's success in this area today.
He was always guided by a conviction in CIBC's potential for
growth and capacity to lead – elements which are core to the bank's
purpose of helping to make ambitions real. Outside of his career in
business, John was deeply committed to helping others.
"John and his wife Susan Crocker
have helped to advance education and health care in Canada through their many significant
charitable contributions over the years, including landmark
contributions to health care in Nova
Scotia where John made his home after retiring from our bank
in 2005," added Mr. Dodig.
In a tribute to his impact on our business and our nation, John
was awarded the Order of Canada in
2019 for his extraordinary contributions to Canada and for his leadership in philanthropy
to strengthen our country for the future.
"Our entire CIBC team offers our condolences to John's family,
and will remember him as a bold, authentic leader who cared about
the communities we call home," added Mr. Dodig.
About CIBC
CIBC is a leading North American financial institution with 14
million personal banking, business, public sector and institutional
clients. Across Personal and Business Banking, Commercial Banking
and Wealth Management, and Capital Markets, CIBC offers a full
range of advice, solutions and services through its leading digital
banking network, and locations across Canada, in the
United States and around the world. Ongoing news releases
and more information about CIBC can be found at
www.cibc.com/ca/media-centre
SOURCE CIBC - Corporate