CIBC Changes Leadership in U.S. Division of Investment Banking Unit

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CIBC is counting on the United States for much of its growth in the coming years, building on its $5 billion acquisition of Chicago-based wealth manager and business lender PrivateBancorp Inc. in 2017. The strategy is focused on getting commercial banking, capital markets and wealth management units to work together to serve the country’s entrepreneurs.

Beber previously worked as CIBC’s general counsel and led its U.S. capital markets business as well as corporate strategy and development. He will be based in Chicago. Capatides has served the bank for more than 25 years, serving as Chief Administrative Officer and General Counsel, among other roles.

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Frank Guse, currently executive vice president of personal and commercial banking strategy and transformation, will take over as chief risk officer.

Rimmer was until recently responsible for global corporate banking and previously led the bank’s debt capital markets business. She will report to Harry Culham, head of CIBC Capital Markets. Dubczak has been with CIBC for approximately 30 years and led its global equity, equity capital markets and corporate debt origination businesses.

Kevin Li has been named Head of Global Investment Banking, while Eric Métivier has been named Head of Global Corporate Banking. Both leaders will report to Rimmer.

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