05:04:51 EST Fri 06 Dec 2019
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Bank of Nova Scotia
Symbol BNS
Shares Issued 1,224,496,870
Close 2019-02-07 C$ 74.83
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Scotiabank appoints McGuire as executive VP, treasurer

2019-02-07 16:39 ET - News Release

Mr. Brian Porter reports


Bank of Nova Scotia (Scotiabank) has appointed Tom McGuire as executive vice-president and group treasurer, effective Feb. 11, 2019. Mr. McGuire succeeds Andrew Branion, who will be retiring from the bank and pursuing new professional opportunities. Mr. Branion will continue to serve in his capacity as the chairman of the board of directors of Scotiabank (Ireland) Designated Activity Company. Over the course of his 22-year career with Scotiabank, Mr. Branion has helped evolve how the bank thinks about risk in the trading business, as well as operational risk and enterprise risk management.

"Tom has a strong background in treasury and capital markets and has played a key role in managing risk and protecting the bank's reputation," said Brian Porter, president and chief executive officer of Scotiabank. "His experience will be critical to helping the bank deliver on its key priorities."

As executive vice-president and group treasurer, Mr. McGuire will be responsible for managing Scotiabank's global treasury and investment operations, including medium term and capital financing, asset/liability management, liquidity, and public and private investment portfolios.

Mr. McGuire joined Scotiabank in 2018 as senior vice-president and deputy treasurer, where he was responsible for managing the bank's financing and liquidity.

Previously, he held the position of treasurer for Barclays Americas and Barclays Group U.S. LLC, an intermediate holding company. Prior to becoming treasurer, he worked in the office of the CEO Americas where he focused primarily on regulatory reform initiatives. He also held lead roles in the capital markets groups of Goldman Sachs, Lehman Brothers and Barclays.

Mr. McGuire was an infantry officer in the United States Marine Corps and holds a bachelor of arts degree from Harvard University and a doctor of jurisprudence from the University of Virginia School of Law.

About Bank of Nova Scotia

Scotiabank is Canada's international bank and a leading financial services provider in the Americas. It is dedicated to helping its 25 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

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