Expert Financial Services CEO to Steer Canadian Chartered Bank

New CEO and President Brings Mandate of Managed Growth for Jameson Bank

TORONTO, April 14 /CNW/ - In a planned strategic move, the board of directors of Jameson Bank recruited 25-year veteran Robert G. Wittmann as president and chief executive officer. With a background at major chartered banks - and as co-founder of a foreign exchange company - Mr. Wittmann brings a broad spectrum of skills to carry out a mandate for planned growth and evolutionary change to Jameson Bank.

"I'm thrilled to have been chosen," Mr. Wittmann said today. "Jameson provides an exciting opportunity to grow, rather than simply steer, a bank that blends agility and customized solutions with the security of a chartered bank."

Mr. Wittmann's leadership in the financial services industry is highlighted by significant expertise in foreign exchange, money markets, regulatory matters, private equity and consumer and commercial credit for small to large businesses.

25-Year Career in Financial Services

Mr. Wittmann co-founded Knightsbridge Foreign Exchange and managed the company as chief executive officer.

Earlier in his distinguished career he served as senior vice president of Travelex Commercial Foreign Exchange. His responsibilities included building the commercial foreign exchange business in the United States and Canada. He also developed skills in growing global portfolios as managing director of RBC Capital Markets from 1989 to 2004. Prior to RBC, he began his career at the Bank of Montreal.

"Jameson Bank is truly fortunate to welcome such a dynamic and seasoned leader as our new president and CEO," said Jameson Bank Chairman Raymond Chang. "Rob is exactly the right person to take Jameson Bank to the next level of growth and service to our customers."

Jameson Bank CEO Robert Wittmann assumes responsibilities immediately, with a mandate to steadily grow Jameson Bank into a leadership position in treasury banking and foreign exchange.

Background Robert Wittmann

Mr. Wittmann is a past member of the Canadian Foreign Exchange Committee (CFEC), chair of the Canadian Committee for Professionalism (CCFP), and served as director, treasurer, and president of the Financial Markets Association of Canada (FMAC). He was the regional executive for the Americas of the Association Cambiste Internationale (ACI).

Mr. Wittmann holds a Bachelor of Commerce (Honours Finance) degree from the University of Manitoba.

Background Jameson Bank

Jameson, established in 1988, is now a Canada-chartered schedule one bank, insured by the CDIC. With a special focus on treasury banking, Jameson has become known for personalized service to clients of all sizes, with particular expertise in foreign exchange. Jameson defines their service style with the promise: "A business bank where You are our most important customer."

/NOTE TO PHOTO EDITORS: A photo accompanying this release is available at http://photos.newswire.ca. Images are free to accredited members of the media/

SOURCE JAMESON BANK

For further information: For further information: Lara Dewar Laurie, VP Operations & Human Resources, Direct - (416) 643-7391, Lara.dewarlaurie@JamesonBank.com, Website: http://www.jamesonbank.com

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JAMESON BANK

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