TORONTO, April 9, 2019 /CNW/ - Scotiabank (TSX: BNS)
(NYSE: BNS) today announced the appointment of Aaron W.
Regent as Chairman of the Board of Directors following his
re-election to the board at Scotiabank's Annual Meeting of
Shareholders. Mr. Regent succeeds Tom
O'Neill who retired as Chairman of the Board.
"It is with full confidence that the board has elected Aaron as
the incoming Chairman, following the Annual Meeting of
Shareholders," said Tom O'Neill.
"Aaron has been a valuable and critically important member of our
board since 2013. He brings a breadth and depth of experience to
this position and I wish him my very best as he undertakes his new
responsibilities."
A Scotiabank board director since 2013, Mr. Regent has
contributed expertise in the areas of accounting and finance,
capital markets, governance, human resources and executive
compensation, and risk management. He most recently served as the
chair of the board's human resources committee and as a member of
its risk committee.
Mr. Regent is the Founding Partner of Magris Resources Inc. and
Chairman and Chief Executive Officer of Niobec Inc. Previously, Mr.
Regent was President and Chief Executive Officer of Barrick Gold
Corporation, a Senior Managing Partner of Brookfield Asset
Management and Co-Chief Executive Officer of the Brookfield
Infrastructure Group, and President and Chief Executive Officer of
Falconbridge Limited.
Mr. Regent holds a B.A. from the University
of Western Ontario and is a chartered accountant and a
Fellow of CPA Ontario.
Mr. O'Neill retired as Chairman of the Board at the close of
Scotiabank's 187th Annual Meeting of Shareholders held earlier
today. Mr. O'Neill was appointed to the Scotiabank Board in 2008
and served as Chairman since 2014.
Final voting results on all matters voted on at the Annual
Meeting of Shareholders held earlier today will be published
shortly on www.scotiabank.com and filed with the Canadian and U.S.
securities regulators.
About Scotiabank
Scotiabank is Canada's
international bank and a leading financial services provider in the
Americas. We are dedicated to helping our more than 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. With a team of more than 98,000
employees and assets of over $1
trillion (as at January 31,
2019), Scotiabank trades on the Toronto Stock Exchange (TSX:
BNS) and New York Stock Exchange (NYSE: BNS). For more information,
please visit www.scotiabank.com and follow us on Twitter
@ScotiabankViews.
SOURCE Scotiabank