EDMONTON, March 7, 2013 /CNW/ - Canadian Western Bank (TSX: CWB) (CWB or
the Bank) today announced the official appointment of Chris Fowler as
President and Chief Executive Officer (CEO). While the expectation of
this leadership transition has already been widely communicated, it was
officially confirmed today by a positive vote of shareholders at the
Bank's 2013 Annual and Special Meeting.
"I'm thrilled about this opportunity to lead and carry on CWB's history
of growth and success," says Chris. "Our strategy to build long-term
value for shareholders is based on creating an environment that
supports our employees to develop fulsome and highly valued business
relationships with our clients. We will also maintain our commitment to
be active in the communities where we live and do business. Larry
Pollock's legacy is a tremendous platform for future growth, and our
focus is to realize on this potential."
Chris first joined CWB in 1991 and has consistently demonstrated
thoughtful and focused leadership in progressively senior positions.
Most recently, as CWB's President and Chief Operating Officer, Mr.
Fowler was primarily responsible for banking operations and credit risk
management. He has been instrumental in the creation and implementation
of CWB Group's strategic direction and has played an integral role in
the organization's success to date.
About Canadian Western Bank Group
Canadian Western Bank offers highly personalized service through 41
branch locations and is the largest publicly traded Canadian bank
headquartered in Western Canada. The Bank specializes in mid-market
commercial lending and offers a full complement of personal banking
services. The Bank, along with its operating affiliates, National
Leasing Group Inc., Canadian Western Trust Company, Valiant Trust
Company, Canadian Direct Insurance Incorporated, Adroit Investment
Management Ltd. and Canadian Western Financial Ltd., collectively offer
a diversified range of financial services across Canada and are
together known as Canadian Western Bank Group. The common shares of
Canadian Western Bank are listed on the Toronto Stock Exchange under
the trading symbol "CWB". The Bank's Series 3 Preferred Shares trade on
the Toronto Stock Exchange under the trading symbol "CWB.PR.A". Refer
to www.cwb.com for additional information.
Image with caption: "CWB appoints Chris Fowler as President and Chief Executive Officer (CNW Group/Canadian Western Bank)". Image available at: http://photos.newswire.ca/images/download/20130307_C3359_PHOTO_EN_24418.jpg
SOURCE: Canadian Western Bank
For further information:
Kirby Hill, CFA
Director, Strategy & Communications
Canadian Western Bank
Phone: (780) 441-3770
President & CEO
Canadian Western Bank
Phone: (780) 423-8888