Organization: CIBC

Mike Pedersen

The board of directors of the Business Development Bank of Canada (BDC) has a new chair, financial industry executive Mike Pedersen. Pedersen will succeed former chair Samuel Duboc and will hold a term of four years starting March 5, 2018. Robert Pitfield, a member of the board since May 2014, will be the interim chair…

CIBC and MaRS to collaborate on fintech

CIBC will create a corporate innovation hub at MaRS Discovery District in Toronto, expanding a partnership that will see the bank join MaRS’ new FinTech cluster as a founding partner. Once the new facility is completed this fall, CIBC will boost its focus on financial technologies by collaborating to develop new banking innovations. The deal…

CIBC and MaRS to collaborate on fintech

CIBC will create a corporate innovation hub at MaRS Discovery District in Toronto, expanding a partnership that will see the bank join MaRS’ new FinTech cluster as a founding partner. Once the new facility is completed this fall, CIBC will boost its focus on financial technologies by collaborating to develop new banking innovations. The deal…