EDMONTON, AB, Dec. 10, 2020 /CNW/ - CWB Financial Group (TSX:
CWB) (CWB) announces leadership appointments.
Carolyn Graham, FCPA, FCA, has
been appointed Executive Vice President and Chief Risk Officer
responsible to oversee enterprise-wide risk management, which
includes credit risk, market risk and operational risk, as well as
the parallel run for our Advanced Internal Rating Based
approach (AIRB) formal application. Carolyn joined CWB 20 years ago
and has served as Executive Vice President and Chief Financial
Officer since 2014.
R. Matthew Rudd, CPA, CA, has
been appointed Executive Vice President and Chief Financial Officer
and joins the Executive Committee. His responsibilities
include oversight of financial and capital supply management, as
well as treasury, strategy, corporate development, investor
relations and sustainability. Matt previously served as CWB's
Senior Vice President, Finance and Investor Relations, and Chief
Accountant. Matt joined CWB in 2018 from Liquor Stores N.A. Ltd.
(now Alcanna Inc., TSX:CLIQ) where he served as Senior Vice
President and Chief Financial Officer. While Senior Manager
at KPMG, Matt was managing director of KPMG Edmonton's Financial
Services industry group.
"I look forward to Carolyn and Matt's contributions in their new
roles as we continue to execute on CWB's strategic direction," says
Chris Fowler, CWB's President and
Chief Executive Officer. "Carolyn brings her deep and broad
CWB knowledge, along with her very strong leadership presence and
visible commitment to our culture, to support us at this pivotal
time in the development and enhancement of our enterprise risk
management framework. Matt has played a significant role in
enhancing our financial oversight and disclosures, capital risk
management, and investor relations activities since joining CWB.
Matt will bring his industry knowledge and leverage his previous
public company CFO experience to excel in his expanded
responsibilities."
"Along with Carolyn and Matt, the entire CWB Executive Committee
remains committed to execute our strategy to deliver higher levels
of growth with continued diversification and an enhanced view of
risk. We are well positioned to accomplish these goals and create
meaningful value for our shareholders, and become the best full
service bank for business owners in Canada."
About CWB Financial Group
CWB Financial Group (CWB) is a diversified financial services
organization known for a highly proactive client experience serving
businesses and individuals across Canada. CWB's key business lines include
full-service business and personal banking offered through branch
locations of Canadian Western Bank and Internet banking services
provided by Motive Financial. Highly responsive nation-wide
specialized financing is delivered under the banners of CWB Optimum
Mortgage, CWB Equipment Financing, CWB National Leasing, CWB Maxium
Financial and CWB Franchise Finance. Trust services are offered
through CWB Trust Services. Comprehensive wealth management
services are provided through CWB Wealth Management and its
affiliate brands, including T.E. Wealth, Leon Frazer & Associates, CWB McLean &
Partners, and Canadian Western Financial. As a public company on
the Toronto Stock Exchange (TSX), CWB trades under the symbols
"CWB" (common shares), "CWB.PR.B" (Series 5 preferred shares),
"CWB.PR.C" (Series 7 preferred shares) and "CWB.PR.D" (Series 9
preferred shares). Learn more at www.cwb.com.
SOURCE CWB Financial Group
