Recognition and Awards
CIBC is proud to be recognized by a variety of organizations for our:
Strong governance
Business leadership and innovation
Workplace, diversity and inclusiveness
Corporate citizenship
Strong governance
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CIBC named strongest bank in Canada and North America, and third in the world: CIBC was ranked as the strongest bank in Canada, strongest in North America and third strongest in the world by Bloomberg Markets magazine. This is the second year the bank has been named among the world’s strongest banks. |
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CIBC ranked among the top 10 of the World’s Safest Banks in North America: The annual global and regional rankings of the World’s Safest Banks are based on Global Finance magazine’s evaluation of long-term credit ratings – from Moody’s, Standard & Poor’s and Fitch – and total assets of the 500 largest banks worldwide.
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| CIBC President and CEO named one of the most influential leaders in the world: CIBC President and CEO, Gerry McCaughey, was named one of the most influential leaders for 2012 by Bloomberg Markets magazine. Mr. McCaughey was selected in the Bankers category and is the first Canadian to be named to the annual ranking. |
 | CIBC named one of Canada’s 10 Most Admired Corporate Cultures: This award presented by Waterstone Human Capital recognizes leading Canadian organizations for having a culture that has helped enhance performance and sustain a competitive advantage. |
| CIBC ranked among Canada’s Most Reputable Companies: CIBC was cited as most improved on the Canadian Business magazine/Reputation Institute Canada’s Most Reputable Companies ranking. |
 | CIBC included among top 25 Best Canadian Brands: Interbrand rated CIBC as one of the 25 Best Canadian Brands, with a brand value that has increased 33% since 2010. The Interbrand report cited CIBC’s ranking as the strongest bank in North America, leadership in digital banking, and sponsorship of the 2015 PanAm Games, all of which complement our community-based corporate citizenship. |
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Business leadership and innovation
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CIBC wins Deal of the Year Award for Investment in American Century: CIBC was recognized with the Deal of the Year award for its acquisition of an equity stake in American Century Investments (ACI). The award, presented by Institutional Investor at the Mutual Fund Industry Awards, recognizes the merger and acquisition deal that has most changed the landscape of the fund industry in 2011. |
 | CIBC’s infrastructure and project finance business recognized with three awards: CIBC’s wholesale bank was recognized with three infrastructure and project finance awards: Canadian Project Finance Bank of the Year by Acquisition International magazine; Best Bank of the Year – Project Finance & Infrastructure – Canada, by DealMakers Monthly magazine, and; International – Overall PFI/P3 Bank of the Year by ACQ magazine. In the past three years CIBC has led or co-led more than a dozen P3 projects as well as over $10 billion in project financings for wind, hydro, solar, geothermal, biomass, biogas and natural gas power projects and transmission. CIBC was also the first Canadian bank to lead bond offerings for an airport authority, a university, a ferry operator, a port authority and a pooled school board financing corporation. |
| CIBC’s Foreign Exchange Business recognized: CIBC ranked among the leading FX providers globally in 2012, and is a top bank in Canadian dollar service, according to the FX Week Best Bank Awards 2012. |
| CIBC named most accurate forecaster of Canadian economy: Bloomberg Markets magazine named CIBC’s Chief Economist, Avery Shenfeld, as the top forecaster of the Canadian economy over the last two years. No other bank economist ranked among Bloomberg’s Top 3 forecasters of the Canadian economy for the two-year period ended on Sept. 30, 2012. The ranking is based on the accuracy of economic forecasts in 13 categories, including gross domestic product, unemployment, consumer and producer price indexes, home sales, industrial production and personal spending. |
| CIBC is top forecaster on oil and currencies: CIBC has been recognized by two news organizations for its accuracy in price forecasting for West Texas Intermediate crude futures and various currencies. Bloomberg named Commodities Strategist Katherine Spector as the most accurate forecaster of energy prices for West Texas Intermediate crude futures, for the period spanning the fourth quarter of 2010 to September 30, 2012. Additionally, Jeremy Stretch, CIBC’s Foreign Exchange Strategist, topped FX Week magazine’s 12-month currency forecast rankings published October 1, 2012, for his long-term views across a range of currencies, including the view that the Japanese yen would hold its value against the Euro and the US dollar. |
 | CIBC named Best Commercial Bank in Canada: CIBC was named the Best Commercial Bank in Canada by World Finance magazine citing CIBC’s very strong client-focus, clear commitment to building long-term client relationships, investment in infrastructure and strong management focus on strategic priorities in challenging market conditions. |
| CIBC #1 among Canadian prime brokers: CIBC has capped years of steady gains in the Global Custodian magazine Prime Brokerage Survey by taking the #1 ranking among Canadian banks and fourth spot overall in North America. Results of the 2012 survey show that CIBC is regarded by clients as a leading prime broker in the areas of service and support, securities lending, technology, compliance, and risk management, among other categories. |
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CIBC ranked among Top 2 in Canadian equity research: According to the Brendan Wood International survey, institutional investors now rank CIBC among the top two for depth and quality of equity research among Canadian providers. Additionally, CIBC analysts received “TopGun” designations across a range of sectors including oil & gas, precious metals and diamonds, base metals and minerals, agriculture, chemicals and fertilizers, real estate and REITs, banks, consumer products and merchandising, and diversified financials. |
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Two CIBC Global Asset Management employees named as TopGun Investment Minds: Andreas Hoppe, Vice-President, CIBC Canadian Equities, and Jennifer Law, Vice-President, CIBC Global Equities, were named two of Canada’s most distinguished TopGun Investment Minds in an annual survey conducted by Brendan Wood International. TopGuns were evaluated on several criteria, including their ability to provide independent thinking, demonstrate a willingness to buck the trends, knowledge of the investment space, exhibit a diligent work ethic, are trusted and respected, and add to the knowledge and civility of the investment community at large. |
  | CIBC wins training excellence awards: CIBC received two awards from the Canadian Society for Training and Development. The awards recognize distinguished corporate training and development programs from across Canada. CIBC’s Retail and Business Banking e-learning curriculum earned a WOW! Award that recognizes examples of training projects that are out of the ordinary, new and noteworthy; and CIBC Investor Services Inc.’s “Opportunity Spotting” training program earned a Silver award in the Facilitated Learning category. |
| CIBC wins prestigious International Process Improvement Award: CIBC’s Process Engineering team was a category winner at the Process Excellence Awards for a 2011 project in Retail and Business Banking that improved fraud detection and management. The solution focused on enhanced fraud prevention and detection, as well as a process to recover losses. |
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CIBC receives award for workplace innovation: CIBC was awarded a 2012 REMMY from CoreNet Global for the CIBC@work initiative piloted at 55 Yonge Street, Toronto. CIBC@work won in the Innovative Workplace Design category, which recognizes collaboration and vision that brings innovation and sustainability to the workplace. |
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Workplace, diversity and inclusiveness
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CIBC recognized as one of the Best Workplaces in Canada: This annual ranking by the Great Place to Work Institute is compiled from employee survey responses about their workplace experiences and analyzes the effectiveness of practices that underpin their workplace culture. The award sets the standard for defining great workplaces for business, academia and government use. The Institute noted that CIBC’s employees trust in, and believe their leaders to be credible, have pride in their jobs, and enjoy the people they work with. CIBC employees also care about their work, their organization, and their community. |
 | CIBC recognized as one of Canada’s Top 100 Employers: CIBC was selected by the editors at Mediacorp Canada Inc. as one of Canada’s Top 100 Employers for 2013 for excellence in eight key areas:
- physical workplace;
- work atmosphere and social;
- health, financial and family benefits;
- vacation and time off;
- employee communications;
- performance management;
- training and skills development; and
- community involvement.
CIBC’s leadership in offering an exceptional place to work for 42,000 employees in Canada helped secure its place on this year’s list. |
 | CIBC recognized as a Top Employer for the Greater Toronto Area: This annual competition compares employers with others in their field on a number of criteria, including:
- work atmosphere;
- environment;
- benefits; and
- training and development programs.
This is the second consecutive year the bank has received this award. |
 | CIBC named one of Canada’s Best Diversity Employers: This award recognizes CIBC’s exceptional workplace diversity and inclusiveness programs for women; members of visible minorities; persons with disabilities; Aboriginal peoples; and lesbian, gay, bisexual and transgendered/transsexual peoples. This is the second consecutive year the bank has received this award. |
| CIBC receives Partners in Diversity Award: CIBC was selected by the Canadian Centre for Diversity as their 2012 Partners in Diversity award recipient. The award recognizes the ongoing dedication of CIBC to the Centre’s vision of a Canadian society without prejudice and discrimination and that values diversity, difference and inclusion. |
| Three CIBC executives recognized as Canadian Diversity Champions: Women of Influence magazine recognizes male executives who lead the way for women in business. Gerry McCaughey, CIBC President and CEO, Richard Nesbitt, Senior Executive Vice-President, CIBC, and Group Head, Wholesale, International, and Technology & Operations, and John Silverthorn, Senior Vice-President, Talent Management, were featured as 2011 Canadian Diversity Champions for their dedication to sponsoring and mentoring senior executive women, advancing women in business, and for leading and developing innovative diversity initiatives and programs across Canada. |
 | CIBC executive among Canada’s Most Powerful Women: Laura Dottori-Attanasio, Group Head, Corporate Credit Products, joined a list of CIBC executives who have been named among Canada’s Top 100 Most Powerful Women by the Women’s Executive Network. |
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CIBC executive receives Rising Star Award: Viktoriya Gruzytska, Executive Director, Corporate Credit Products, won the Women in Capital Markets (WCM) Rising Star Award which recognizes an individual at an early stage in their career who has made outstanding contributions to the capital markets industry and is a committed advocate for the promotion of women. |
| CIBC executive inducted into the YWCA’s Academy of Women Leaders: Robyn Zivic, Global Head of Institutional Sales, Commodities Division, Wholesale Banking was inducted into the Academy of Women Leaders of the YWCA of the City of New York. The Academy honours top women executives who have been recognized by their companies and colleagues for their leadership, achievement and contributions to their companies, institutions and communities. |
| CIBC executive recognized as a Leader to be Proud Of: Tim Moseley, Senior Vice-President, Chief Compliance Officer, Governance and Controls, and Co-Executive Sponsor of the CIBC Pride Network, was recognized as a Leader to be Proud Of by Out on Bay Street. The Leaders to be Proud Of Awards celebrate the leadership and accomplishments of LGBT and LGBT-ally senior executives in Canada. |
 | CIBC named one of Canada’s Best Employers for New Canadians: This award recognizes employers that offer innovative programs that assist individuals with making the transition to a new workplace and a new life in Canada. This is the fifth consecutive year the bank has received this award. |
| CIBC recognized for leadership in mentoring: CIBC was recognized by the Toronto Region Immigrant Employment Council (TRIEC) for reaching 100 mentoring relationships, placing CIBC in the top five of 27 active corporate partners in the Mentoring Partnership program. |
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Corporate citizenship
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CIBC included in Dow Jones Sustainability World Index: CIBC was selected for the 11th consecutive year and is one of only 11 Canadian companies and 26 financial institutions worldwide whose performance met DJSI’s stringent criteria for inclusion in 2012–2013. |
 | CIBC listed on the FTSE4Good Index: The FTSE4Good Index is used by socially responsible investors who want to invest in companies that demonstrate exceptional corporate responsibility practices. CIBC has been listed on the index since its inception in 2001. |
 | CIBC selected as a component of the STOXX Global ESG Leaders Index: The STOXX Global ESG Leaders indices comprise the leading global companies in terms of environmental, social and governance criteria, based on Environmental, Social and Governance (ESG) indicators provided by Sustainalytics. CIBC has been listed on the index since its inception in 2011. |
 | CIBC continues to be a member of the Jantzi Social Index: The Jantzi Social Index consists of 60 Canadian companies that pass a set of broadly-based environmental, social and governance rating criteria. CIBC has been listed on the index since its inception in 2000. |
 | CIBC among 50 Most Socially Responsible Corporations in Canada: CIBC was ranked among the 50 Most Socially Responsible Corporations in Canada by Maclean’s magazine and Sustainalytics. The annual ranking selects companies on the basis of their performance across a broad range of environmental, social, and governance indicators. |
 | CIBC designated an Imagine Caring Company: CIBC consistently exceeds the target of 1% of pre-tax profits – the benchmark for corporate giving established by Imagine Canada. |
 | CIBC recognized for sponsorship excellence: The Sponsorship Marketing Council of Canada (SMCC) recognized CIBC’s long-term commitment to the Canadian Breast Cancer Foundation CIBC Run for the Cure with the Award of Distinction in the Cause category. The SMCC also presented CIBC with a Gold Award in the Arts category for its multi-faceted and unique 2011 International Indian Film Awards marketing campaign. |
| Team Mo CIBC named the top Movember fundraising team in the world: Team Mo CIBC was the top Movember fundraising team in the world in support of the Movember campaign and its beneficiary Prostate Cancer Canada. To date, CIBC employees have raised a total of $1.3 million for the Movember campaign in support of men’s health. |
| CIBC executive honoured with DeGroote School of Business Distinguished Alumni Award: David Williamson, Senior Executive Vice-President and Group Head, Retail and Business Banking, received the Wayne C. Fox Distinguished Alumni Award from McMaster University and the DeGroote School of Business. This award recognizes an alumnus who has made a positive difference in the world around them. |
| CIBC executive honoured with Arbor Award: Richard Nesbitt, Senior Executive Vice-President and Group Head, Wholesale, International, and Technology and Operations, received a 2012 Arbor Award from the University of Toronto. The award recognizes volunteers for outstanding personal service to the university. Mr. Nesbitt is an alumnus of the Rotman School of Management at the University of Toronto and currently serves as Chair of its Financial Services Advisory Board. |
| CIBC executive among 2013 Clean50: Don Roberts, Vice-Chairman, Renewable Energy and Clean Technology, is one of Canada’s 2013 Clean50 honourees in the category of Angels: Investors & Eco System Support for sustainability and clean technology-focused start ups. The recognition places him among 50 individuals and teams who have made the greatest contributions to sustainable development or clean capitalism in Canada between January 1, 2010 and March 31, 2012. The Delta Management Group and Corporate Knights Magazine conducted the search for Canada’s Clean50. |
 | CIBC participates in the Carbon Disclosure Project: CIBC has been a respondent to all of the Carbon Disclosure Project’s information requests and, since 2005, has been a signatory. |
 | CIBC earns Gold Technology Accelerator Award: This award is presented by Renewed Computer Technology to the top corporate donor of surplus IT equipment. This is the fifth consecutive year CIBC has received this award. |
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