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 collection of appointments that accompany Harry Culham changing into chief govt officer later this 12 months.

Exshaw, who can have the title of senior govt vice chairman and change Culham overseeing capital markets on Nov. 1, has been deputy head of capital markets since September and with the financial institution since 2008, in line with 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 flooring to his a few years in key management roles throughout capital markets, Christian is thought for his clear give attention to our shoppers, execution, innovation and bringing a progress mindset to our financial institution,” Culham stated in a press release.

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 basic counsel. He’ll get replaced within the US oversight function by Kevin Li, presently 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 not too long ago basic counsel for Canada and has been with CIBC for nearly twenty years.

Additionally getting new roles or obligations as a part of the modifications:

Christina Kramer will develop into chief administrative officer.
Hratch Panossian will add oversight of contact facilities and shopper advertising and marketing 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 likely be govt vice chairman within the workplace of the CEO and chief of workers.

CIBC, Canada’s fifth-largest financial institution, has seen a number of management modifications in its capital-markets enterprise up to now 12 months and a half. In Could, it employed Alfred Traboulsi to guide its US investment-banking staff.

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Final modified: August 12, 2025