CIBC Unveils New Executive Team in Strategic Leadership Restructuring for 2026

CIBC’s New Executive Leadership Team for 2026

CIBC (Canadian Imperial Bank of Commerce), a major North American financial institution, has announced pivotal changes in its senior executive leadership team, set to take effect on January 1, 2026. This strategic restructuring aims to enhance the bank's client-centered approach and accelerate the modernization of its services, ensuring a more streamlined operation across its various sectors.

Strengthening Leadership for Continued Success

At the helm of these changes is Harry Culham, the bank's President and CEO, who acknowledges that the evolution of leadership is critical for propelling CIBC’s ongoing journey towards success. “Building on our record financial performance in fiscal 2025, we’re further strengthening our leadership in areas where accelerating our execution will deliver more for our stakeholders,” he stated. The leadership enhancements come as CIBC seeks to build on its successful initiatives, emphasizing stakeholder value through deeper organizational connectivity and modernized processes.

Key Leadership Appointments

1. Sandy Sharman: Transitioning from Senior Executive Vice-President and Group Head of People, Culture, and Brand, Sandy will become a Special Advisor and retire at the end of 2026. With nearly two decades of service at CIBC, she has significantly shaped the bank’s HR capabilities and internal culture, spearheading initiatives that have reinvigorated its brand and enhanced employee experiences. “Sandy's contributions have been monumental, and her leadership has played a vital role in our current strengths,” remarked Culham.

2. Christina Kramer: Now Senior Executive Vice-President and Chief Administrative Officer, Christina will expand her role to include significant responsibilities in Enterprise Real Estate and Client Experience. With over 35 years at CIBC, her extensive experience both on the frontlines and in administrative functions uniquely positions her to lead several key enterprise priorities effectively.

3. Richard Jardim: Appointed as Senior Executive Vice-President, Chief Technology and Information Officer, he will focus on modernizing technology platforms. With 14 years at the bank, Richard is expected to enhance CIBC’s efficiency through advanced data solutions and AI, articulating the crucial role that technology plays in modern banking services today.

4. Yvonne Dimitroff: Appointed as Executive Vice-President and Chief Human Resources Officer, Yvonne will oversee the HR function, fostering a culture of excellence within the workforce. Her broad experience across CIBC's domestic and international operations will be vital as she implements strategies aimed at enhancing talent development and organizational effectiveness.

A Vision for the Future

CIBC’s leadership changes reflect a well-planned strategy aimed at better aligning the bank with the rapidly evolving financial landscape. As CIBC navigates the upcoming years, the newly structured executive team is poised to leverage technology, enhance client experiences, and maintain a robust connection with stakeholders. The integration of improved operational capabilities alongside a strong emphasis on human capital will be crucial in achieving these objectives.

The bank aims to continue its legacy as a trusted financial institution while adapting to the prevailing trends in the industry. Ongoing improvements in HR, technology, and client relations will not only elevate CIBC’s domestic presence but also strengthen its standing in the global market.

About CIBC

CIBC is among Canada's leading financial entities, catering to 15 million clients through its Personal Banking, Business Banking, Commercial Banking, and Wealth Management segments. As they forge ahead into 2026, CIBC’s commitment to innovation, customer service, and robust financial performance aims to position them as a dominant player in both North American and international markets.

For more updates on CIBC's journey and its strategic endeavors, please visit www.cibc.com for detailed insights.