CIBC named one of the Ten Best Companies to Work For in Canada

Recognized for its continued commitment to best-in-class career advancement and employment opportunities

TORONTO, Dec. 4, 2014 /CNW/ - (TSX: CM) (NYSE: CM) is proud to be recognized as the only financial institution named in the Financial Post's Ten Best Companies to Work For in 2015.

"This recognition reflects our commitment to attracting and retaining the very best people," says Victor Dodig, President and CEO, CIBC. "From delivering exceptional client service to pioneering some of the most innovative banking products and services in the industry, our team members across the bank are the driving force behind everything we do for our clients."

To determine the Ten Best Companies, employers are compared to other companies in their industry to determine which offers the most progressive and forward-thinking.

From corporate-wide training and development programs to ongoing education opportunities, CIBC supports its diverse team members in career advancement and skills development to help them succeed and realize their full potential. The bank also has a strong culture of giving among its employees that has led to signature sponsorships and charitable activities, including the Canadian Breast Cancer Foundation CIBC Run for the Cure and CIBC Miracle Day™.

CIBC has also recently been recognized as:

• One of Canada's Best Diversity Employers, Top 100 Employers, Top Employer for Young People, and Greater Toronto Top Employer by Mediacorp
• The strongest of the publicly traded major banks in Canada and North America by Bloomberg Markets magazine
• Among the Top 10 Safest Banks in North America by Global Finance magazine
• Top Canadian Bank for Mobile Banking by Forrester
• Canada Derivatives House of the Year Award by GlobalCapital

The 2015 winners of the Financial Post's Ten Best Companies to Work For were published today in a special supplement to the National Post.

About CIBC
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.

SOURCE: Canadian Imperial Bank of Commerce

Caroline Van Hasselt, Director, External Communications and Media Relations, at 416-784-6699 or e-mail: [email protected].