Gillian Riley
to Retire After 30+ year Career at Scotiabank
TORONTO, Oct. 9, 2024
/CNW/ - Scotiabank today announced the planned retirement of
Gillian Riley, President and CEO of
Tangerine after a 31-year career with the Bank. Gillian will stay
on as Strategic Advisor until December 31,
2024 and as Chair of the Board of Roynat Capital. Scotiabank
also announced the appointment of Terri-Lee
Weeks to the role of President and CEO, Tangerine, effective
November 1, 2024.
Gillian Riley joined Scotiabank
in 1994 and has held senior executive positions in Commercial
Banking, Small Business, Retail Banking and Wealth Management as
well as Executive Vice President of Commercial Banking and, most
recently, President and CEO of Tangerine for the last six
years.
"In each of her roles at Scotiabank and Tangerine, Gillian has
led with a steadfast focus on growing her businesses, delivering
value for clients and building her teams," said Aris Bogdaneris,
Group Head, Canadian Banking at Scotiabank. "In addition to her
many accomplishments, she has left a lasting legacy at the Bank as
the founder of The Scotiabank Women Initiative through which
Scotiabank has stood apart from its competitors with our commitment
to helping women grow their businesses, advance their careers and
invest in their futures so they can succeed on their own
terms."
On her decision to retire, Ms. Riley said, "It has been an
honour and a privilege to lead the Tangerine business and, together
with the team, I am so proud to have built a market-leading brand
in Canada that provides
outstanding customer value and mobile capabilities that are best in
class. I feel confident that this is the right time to pass the
torch to a new leader who will continue to build on our track
record of success."
Terri-Lee Weeks joined Scotiabank
in September 2021 as Executive Vice
President, Retail Customer – a role in which she has successfully
built client value and deepened client loyalty with retail products
that drive exceptional client experience across the Canadian
Bank.
"Terri-Lee is a seasoned leader with deep experience across
Retail Banking, Wealth Management and Capital Markets," said Mr.
Bogdaneris. "Her wide-ranging financial services experiences, deep
understanding of the Canadian retail landscape and her track
record of success in scaling digital business, interactive customer
experience design and transformation uniquely qualify her for this
important role on our team. I have every confidence in her ability
to deliver on the strong growth potential of our digital bank."
"On behalf of all employees at Scotiabank, I would like to thank
Gillian for the leadership and the mentorship she has provided both
at Scotiabank and across the financial industry in Canada and we wish Terri-Lee great success in
her new role," continued Mr. Bogdaneris.
About Scotiabank
Scotiabank's vision is to be our
clients' most trusted financial partner, to deliver sustainable,
profitable growth and maximize total shareholder return. Guided by
our purpose: "for every future," we help our clients, their
families and their communities achieve success 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. With assets
of approximately $1.4 trillion (as at July 31,
2024), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS)
and New York Stock Exchange (NYSE: BNS). For more information,
please visit http://www.scotiabank.com and follow us on X
@Scotiabank.
SOURCE Scotiabank