TORONTO, April 7,
2022 /CNW/ - Katharine B. Stevenson, Chair of
the Board of CIBC (TSX: CM) (NYSE: CM), is pleased to announce that
today Ammar Aljoundi was elected by shareholders as a new member of
CIBC's Board of Directors. Mr. Aljoundi brings deep experience in
finance and business strategy as well as extensive experience in
mining, capital markets and banking.
Mr. Aljoundi is CEO and President of Agnico Eagle Mines Limited.
Previously Mr. Aljoundi was President of Agnico Eagle Mines Limited
(since 2015) and, before that, served as Agnico's Senior
Vice-President and Chief Financial Officer.
Prior to Agnico Eagle, Mr. Aljoundi served in various senior
financial roles at Barrick Gold Corporation, including Executive
Vice-President and Chief Financial Officer, Senior Vice-President
of Capital Allocation and Business Strategy and Senior
Vice-President of Finance. In addition, he held senior roles at
Barrick South America, including Executive Director and Chief
Financial Officer. Mr. Aljoundi was also Vice-President Structured
Finance at Citibank, Canada.
Mr. Aljoundi holds a Mechanical Engineering degree (with
distinction) from the University of
Toronto and an MBA (with honours) from Western University.
About CIBC
CIBC is a leading North American financial
institution with 11 million personal banking, business, public
sector and institutional clients. Across Personal and Business
Banking, Commercial Banking and Wealth Management, and Capital
Markets businesses, CIBC offers a full range of advice, solutions
and services through its leading digital banking network, and
locations across Canada with offices in the United
States and around the world. Ongoing news releases and more
information about CIBC can be found
at https://cibc.mediaroom.com/.
SOURCE CIBC