10:01:01 EDT Fri 29 Mar 2024
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CA



Canadian Western Bank
Symbol CWB
Shares Issued 88,179,056
Close 2019-01-30 C$ 29.85
Market Cap C$ 2,632,144,822
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Canadian Western appoints Mitchell as director

2019-01-31 09:35 ET - News Release

Mr. Robert Phillips reports

CWB ANNOUNCES BOARD APPOINTMENT

Canadian Western Bank has appointed E. Gay Mitchell to its board of directors, effective Jan. 31, 2019.

Ms. Mitchell will stand for election at Canadian Western Bank's next annual meeting of shareholders. With the addition of Ms. Mitchell, Canadian Western Bank's board of directors will consist of 13 directors, 12 of whom are independent.

Ms. Mitchell is an industry leader in Canada, with decades of experience in financial services. Previously, she was the deputy chair of RBC Wealth Management and an executive vice-president at Royal Bank of Canada. In the past, she served on the subsidiary boards of Royal Trust Company of Canada, Royal Trust Corp. and Royal Bank Mortgage Corp. as well as numerous non-profit boards. Ms. Mitchell holds a bachelor of arts from Queen's University, a master of business administration from the University of Alberta and an ICDD designation from the Institute of Corporate Directors, and she is a fellow of the Institute of Canadian Bankers.

"On behalf of my fellow directors, I would like to welcome Gay to CWB's board," said Robert Phillips, chairman of the board for Canadian Western Bank. "She brings a wealth of industry knowledge and financial acumen and we look forward to her valuable contributions."

About Canadian Western Bank (CWB Financial Group)

CWB Financial Group is a diversified financial services organization serving businesses and individuals across Canada. Operating from its headquarters in Edmonton, Alta., Canadian Western Bank's key business lines include full-service business and personal banking offered through branches of Canadian Western Bank as well as and Internet banking services provided by Motive Financial.

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