CIBC announced that Laura Dottori-Attanasio, Senior Executive Vice-President and Group Head, Personal and Business Banking, Canada, will retire from the bank on February 1, 2023 after 14 years at CIBC and more than two decades in financial services. Jon Hountalas, Group Head, Commercial Banking and Wealth Management, Canada, has been appointed Senior Executive Vice-President and Group Head, Canadian Banking. With this appointment, Mr. Hountalas will assume the leadership of CIBC's Personal and Business Banking, Commercial Banking and Wealth Management businesses in Canada.

Mr. Hountalas joined CIBC in 2010 and has held progressively senior roles, including leading Business Banking and Corporate Banking before being appointed to his current role in 2017 and becoming a member of the bank's Executive Committee. Before joining CIBC, Mr. Hountalas spent 25 years in client-facing and executive roles at HSBC Canada.