Nikole Todd, Kenny Lally and Andrew Yorke to receive funding and
mentorship from CIBC in unique sport sponsorship program
TORONTO, Feb. 24, 2015 /CNW/ - CIBC (TSX: CM) (NYSE: CM) is pleased to welcome three new amateur athletes to
its CIBC Team Next sponsorship program: Nikole Todd, squash; Kenny
Lally, boxing; and, Andrew Yorke, triathlon.
Nikole, Kenny, and Andrew will receive funding from CIBC and be paired
with world-renowned Canadian sport heroes to help mentor them on their
journey to compete at the upcoming TORONTO 2015 Pan Am Games and
beyond. They were nominated by their National Sport Organizations and
replace athletes in the program who recently retired from amateur sport
or turned pro.
CIBC Team Next, launched in November 2013 with the unveil of 67
up-and-coming amateur athletes, demonstrates CIBC's commitment as the
Lead Partner of the TORONTO 2015 Pan Am/Parapan Am Games to inspire the
next generation of Canadian youth to participate in organized sport.
The three-year program, the first of its kind in Canada to offer both
funding and mentorship, is administered for CIBC by AthletesCAN, the
association of Canada's national team athletes, and the Canadian Sport
Nikole, 24, a native of Regina who trains at The Badminton and Racquet
Club in Toronto, is the first player from Saskatchewan to ever
represent Canada at a Senior World Team Squash Championship. She is
paired with CIBC Team Next mentor Benoît Huot, a decorated Canadian
swimmer and recipient of 19 Paralympic medals.
"The support from this CIBC Team Next program will help my career in so
many ways," says Nikole. "It means less time working and more time
training and playing tournaments. I can't wait to be mentored by one of
Canada's best athletes and hear all about his journey to the top!"
Kenny, 25, a tenacious Bantamweight (56 kg) class boxer born and raised
in Prince George, B.C., picked up his first boxing gloves at age 13
inspired by the humble beginnings and tremendous accomplishments of
Muhammad Ali. He recently qualified to compete in boxing at the TORONTO
2015 Pan Am Games. Kenny is paired with CIBC Team Next mentor and
boxing great Mary Spencer.
"This is huge for me because I come from a small town in the middle of
B.C. and have to travel extensively for fights and training," says
Kenny. "Joining the CIBC team is going to help me out a lot. The
mentorship is an amazing aspect, especially having Mary Spencer there
because she has seen it all and knows exactly what it takes to be the
best in the world."
Andrew, 26, from Caledon, Ontario, began competing in triathlon at age
12 and ended 2014 by earning himself a Top 40 spot in the World
Triathlon Series Rankings. An alternate at the London Olympic Summer
Games, Andrew's mentor is fellow triathlete and one of Canada's most
accomplished athletes, Simon Whitfield.
"The financial commitment from CIBC is a huge help, and being able to
focus completely on my racing rather than stressing about cash is a
massive stress relief," says Andrew. "Being part of CIBC Team Next is
great because you're surrounded by so many driven athletes. It's great
to meet athletes from other sports and bond together over our love of
high performance. Working with my mentor Simon Whitfield, I know I have
a great Canadian champion in my corner helping me prepare to compete
with the best."
CIBC also wishes to congratulate Squash Canada star David Letourneau on
his outstanding career. David, 25, a native of Calgary, recently
announced his retirement from the sport and CIBC Team Next program.
"At the core of the program is this incredible support network of
teammates, mentors and friends from CIBC and AthletesCAN," says David.
"There's real commitment to the idea that there is value in investing
in people who haven't yet reached their potential and that success can
be cultivated. It says a lot that the mentors have dedicated so much
time to the program and I especially want to thank my mentor Kyle
Shewfelt. To my CIBC Team Next teammates - good luck!"
Photos and interviews with CIBC Team Next athletes and mentors are
available upon request.
CIBC is a leading Canadian-based global financial institution with
nearly 11 million personal banking and business clients. Through our
three major business units - Retail and Business Banking, Wealth
Management and Wholesale Banking - CIBC offers a full range of products
and services through its comprehensive electronic banking network,
branches and offices across Canada with offices in the United States
and around the world. You can find other news releases and information
about CIBC in our Media Centre on our corporate website at www.cibc.com.
About CIBC Team Next
CIBC Team Next is the first program of its kind in Canada that supports
the next generation of amateur athletes with not only financial support
but mentorship from world-renowned Canadian athlete champions. As the
Lead Partner of the TORONTO 2015 Pan/Parapan Am Games, CIBC is
investing $2 million in this program to help 67 amateur athletes,
including 16 para-athletes, from across Canada reach their full
potential on and off the field.
SOURCE Canadian Imperial Bank of Commerce
For further information:
Caroline Van Hasselt, Director, External Communications and Media Relations, 416-784-6699 or firstname.lastname@example.org