10:09:11 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Bank of Nova Scotia
Symbol BNS
Shares Issued 1,209,451,582
Close 2017-02-22 C$ 81.68
Market Cap C$ 98,788,005,218
Recent Sedar Documents

Globe says Scotiabank's Tangerine appoints new CEO

2017-02-23 08:18 ET - In the News

The Globe and Mail reports in its Thursday edition that digital bank Tangerine Bank has named Brenda Rideout to be its next chief executive officer, as long-time head Peter Aceto steps aside. The Globe's James Bradshaw writes that Ms. Rideout is a 17-year veteran of the bank, formerly ING Bank of Canada, who served most recently as chief strategy officer. She will take over Tangerine's top job on March 1. The change in leaders marks the end of Mr. Aceto's 20-year career with Tangerine. He has served as CEO since 2008, steering its acquisition by Bank of Nova Scotia for $3.1-billion in 2012 and the rebranding exercise. Under his watch, the bank amassed more than two million clients and nearly $38-billion in total assets. Ms. Rideout has also served as Tangerine's chief marketing officer, chief information officer and chief technology and operations officer. Tangerine has undergone several changes in its senior staff over the last year. Chief operating officer Ian Cunningham left the company earlier this month, less than 2-1/2 years after joining it. Chief information officer Charaka Kithulegoda also departed last July, before taking a new job as head of digital at ATB Financial.

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