Scotiabank has announced executive management changes, including the creation of a new position.
Effective January 2, 2012, Luc Vanneste, currently executive vice-president and CFO, has been appointed to the newly created position of executive vice-president, enterprise effectiveness.
In this new role, Vanneste will be responsible for enhancing organizational effectiveness as the bank aligns its global priorities and strategies with its approach to evolving regulatory, compliance and governance trends.
“Scotiabank remains firmly committed to our key business priorities: sustainable and profitable revenue growth, prudent balance sheet management, leadership, risk management and efficiency,” said Rick Waugh, President and Chief Executive Officer, Scotiabank. “As Canada’s most international bank, it is important that we are prepared to meet the challenges and capitalize on the opportunities as they arise in the future for financial institutions and our customers.”
Sean McGuckin, currently senior vice-president and head or risk policy and capital markets, global risk management, will be taking on Vanneste’s roles as EVP and CFO, effective January 2, 2012.
Marianne Hasold-Schilter, currently senior vice-president and chief auditor, has been appointed executive vice-president and chief administrative officer, international banking, effective December 19, 2011.
Grant Mick, currently senior vice-president, credit, capital markets, and treasury audit, takes on the role of senior vice-president and chief auditor, effective December 19, 2011.