The current chief risk officer’s move is one of several changes to executive vice-president and senior vice-president roles the bank outlined in an internal memo
has named a new head of its U.S. operations, choosing current chief risk officer Shawn Beber to lead a growing Chicago-based unit.
Mr. Beber has previously been head of CIBC’s U.S. capital markets arm. And he was closely involved in the bank’s 2017 acquisition of Chicago-based PrivateBancorp Inc. for US$5-billion, which now forms the cornerstone of its U.S. business. Taking over Mr. Beber’s role as chief risk officer is Frank Guse, the current executive vice-president of strategy and transformation for the personal and business banking division. He has past experience in risk, including three years as a senior vice-president of enterprise risk management.
Roman Dubczak, who has been the bank’s head of global investment banking, has been named deputy chair of capital markets, reporting to division head Harry Culham.