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CIBC Shuffles Senior Leadership Ahead of New CEO Culham
ByAinvest
Tuesday, Aug 12, 2025 8:24 am ET1min read
Canadian Imperial Bank of Commerce is shuffling its senior leadership ahead of new CEO Harry Culham's arrival on Nov. 1. Christian Exshaw will be appointed senior executive vice president and group head of capital markets, and Kevin Li will take over as senior executive vice president and group head of CIBC's U.S. region and president and CEO of CIBC Bank USA. The moves are part of the bank's preparations for Culham's assumption of the chief executive role.
Canadian Imperial Bank of Commerce (CIBC) is preparing for the arrival of its new CEO, Harry Culham, by making several key senior leadership appointments. The moves are part of the bank's strategy to accelerate the execution of its client-focused strategy and position the bank for future growth.Christian Exshaw will be appointed Senior Executive Vice-President and Group Head of Capital Markets. Exshaw has been with CIBC since 2002 and has held various senior roles, including Deputy Head of Capital Markets since 2024. His appointment reflects the bank's commitment to strengthening its global capital markets operations [1].
Kevin Li will take over as Senior Executive Vice-President and Group Head of CIBC's U.S. region and President and CEO of CIBC Bank USA. Li has extensive experience in global investment banking and has previously held senior roles in Canada, Europe, and the U.S. His appointment underscores CIBC's focus on expanding its U.S. presence and deepening client relationships [1].
These appointments are part of a broader leadership transition at CIBC. Harry Culham, who has been serving as COO since April 1, will assume the role of President and CEO on November 1, 2025. The appointments are designed to provide continuity and strong execution of the bank's client-focused strategy [1].
The leadership changes come as CIBC prepares for new C-suite leadership under Culham. The appointments reflect the bank's commitment to fostering a purpose-led, connected culture that starts with its leadership team and extends to every corner of the organization [1].
References:
[1] https://www.marketscreener.com/news/cibc-announces-senior-executive-leadership-changes-ce7c51dad98af524
[2] https://www.marketwatch.com/story/canadian-imperial-bank-of-commerce-shuffles-senior-leadership-ahead-of-new-ceo-971ba5dc
[3] https://seekingalpha.com/news/4483815-cibc-announces-senior-executive-leadership-changes
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