Posts Tagged ‘Scotiabank’

Scotiabank Stands with our Customers, Employees and Communities Affected by Hurricane Irma

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Scotiabank donates $500,000 USD to organizations supporting the relief efforts in the Caribbean

TORONTO, Sept. 8, 2017 /PRNewswire-HISPANIC PR WIRE/ — Scotiabank is donating $500,000 USD to charitable organizations assisting with the rescue and relief efforts in the many Caribbean countries impacted by Hurricane Irma. Our thoughts continue to be with the people of the affected regions as they demonstrate strength and resilience following the devastation.

Scotiabank

The Canadian Red Cross will receive $250,000 of Scotiabank’s donation, with the remainder being directed to initiatives supporting young people in the affected communities. Red Cross Societies are already active, mobilizing volunteers to the possible affected areas and relaying public awareness messages. Relief supplies are on standby in Panama and the Dominican Republic to ensure an immediate response. The Canadian Red Cross has a presence in the area and is coordinating with the International Federation of the Red Cross and supporting the mobilization of regional Red Cross teams.

“The devastation caused in the countries impacted by Hurricane Irma is heartbreaking,” says Brian Porter, President and Chief Executive Officer. “Scotiabank has been part of the affected communities for decades. We are committed to the region, and will support our customers and employees during these challenging times.”

The damage associated with Hurricane Irma has resulted in a number of fatalities and caused damage to infrastructure, cutting communities off from water and electricity. Our immediate focus is on ensuring the safety of our employees. We are continuing to assess the impact on our business operations.

Customers having banking questions or support can find the appropriate contact information here.

To make a donation to the Hurricane Irma relief fund, please visit the Canadian Red Cross website.

About Scotiabank

Scotiabank is Canada’s international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific. We are dedicated to helping our 24 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 88,000 employees and assets of over $906 billion (as at July 31, 2017), Scotiabank trades on the Toronto (TSX: BNS) and New York Exchanges (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankViews.

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Rick Waugh announces his retirement from Scotiabank effective January 31, 2014; Brian Porter to take on role of President and CEO effective November 1, 2013

TORONTO, May 31, 2013 /PRNewswire/ – Scotiabank Chief Executive Officer Rick Waugh today announced his intention to retire as CEO effective November 1, 2013 after 10 years in the role and 43 years with the Bank.  He will remain a Director of the Board and assume the role of Deputy Chairman of the Bank until January 31, 2014.

(Photo: http://photos.prnewswire.com/prnh/20130531/LT23880 )

The Board of Directors has appointed Brian Porter to the role of President and Chief Executive Officer effective November 1, 2013.  Brian was appointed to the role of President on November 1, 2012, and just prior to that was Group Head, International Banking, overseeing all of the Bank’s personal, small business and commercial banking operations in more than 55 countries outside of Canada. Brian was also Scotiabank’s Group Head of Global Risk Management and Treasury.   He joined Scotiabank in 1981, and has held a variety of other management positions, including Deputy Chairman of Global Banking and Markets.

“Rick Waugh has guided Scotiabank through a period of tremendous growth, generating exceptional returns for shareholders and employees during some very turbulent times. His focus on customers, diversification, emerging markets and risk management along with his strong values, has shaped the growth and direction of the Bank over the last ten years,” said John Mayberry, Chairman of the Board.

The Board expressed its confidence in Brian Porter appointing him President in November 2012.  Mayberry added, “We are pleased to take the next step in succession today by confirming him in the role of President and CEO effective November 1, 2013.   Brian has a tremendous range of experience across the Bank, including the critical role of Chief Risk Officer. The Board is confident in Brian’s ability to continue to produce strong results and build on the straightforward and proven business model that has worked so well for customers, shareholders and employees.”

“I want to congratulate Brian Porter on his appointment to President and Chief Executive Officer,” said Rick Waugh, CEO, Scotiabank.  “He has had an exceptional career at Scotiabank.  Brian and the management team bring the right experience, values and culture to ensure our Bank’s continued success.”

“It is a distinct privilege to have been entrusted with the role of President and Chief Executive Officer, and I would like to thank the Board of Directors and Rick Waugh for their confidence in my ability to continue to deliver superior, consistent and predictable results for all of our stakeholders,” said Brian Porter, President, Scotiabank.

Scotiabank is a leading multinational financial services provider and Canada’s most international bank. With more than 83,000 employees, Scotiabank and its affiliates serve some 19 million customers in more than 55 countries around the world. Scotiabank offers a broad range of products and services including personal, commercial, corporate and investment banking. In December 2012, Scotiabank became the first Canadian bank to be named Global Bank of the Year and Bank of the Year in the Americas by The Banker magazine, a Financial Times publication. With assets of $754 billion (as at April 30, 2013), Scotiabank trades on the Toronto (BNS) and New York Exchanges (BNS). For more information please visit www.scotiabank.com.

For further information:

Diane Flanagan diane.flanagan@scotiabank.com (416) 933-2176
Ann DeRabbie ann.derabbie@scotiabank.com (416) 933-1344

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Scotiabank pledges $1 million to help improve outcomes for children in the Caribbean with cancer and blood disorders

The Bank teams up with SickKids to support telemedicine program

TORONTO, March 14, 2013 /PRNewswire/ – Today, through Scotiabank’s global philanthropic program, Bright Future, the Bank announced a pledge of $1 million to support the Caribbean-SickKids Paediatric Cancer and Blood Disorders Project. These funds will be used to support the project’s telemedicine programs in Barbados, Jamaica, St. Lucia, St. Vincent and the Grenadines, Trinidad and Tobago, and The Bahamas.

The telemedicine element of the project will allow physicians in the Caribbean to connect directly with leading paediatric cancer and blood disorder experts at SickKids. As well, physicians specializing in areas other than cancer and blood diseases can also connect with both Caribbean and international colleagues, enhancing their ability to diagnose and care for Caribbean children. The goal of this project is to expand access to world-leading medical professionals allowing children to get the best care possible in their own country.

“The Caribbean is a big part of Scotiabank’s history and our future. This donation and our partnership with SickKids are directed at giving the next generation a better chance of growing up healthy and making their contribution to the Caribbean,” said Sabi Marwah, Scotiabank Vice Chairman and Chief Operating Officer. “Supporting our communities through the Bright Future program is a big part of Scotiabank’s culture and our way of giving back to the network of 55 countries we call home.”

Through SickKids Foundation, Scotiabank also previously pledged $1 million to the International Patient Program.

“We are grateful for Scotiabank’s generous support of the telemedicine element of the project,” said Ted Garrard, President and CEO, SickKids Foundation. “Too often, children in the Caribbean succumb to cancer because the proper diagnostics and treatments are not available. This gift will help build capacity for these Caribbean countries to more effectively diagnose and treat children.”

In the Caribbean, there is often a combination of factors that negatively impact on the ability to deliver clinical care, including: a lack of medical professionals with specialized training in paediatric cancer care; limited technological resources which often prohibits proper diagnoses; few nurses and pharmacists able to provide specialized front-line health care; and limited data on the effectiveness of treatments and epidemiology of paediatric cancer. Working with local hospital partners in the Caribbean, the Caribbean-SickKids Paediatric Cancer and Blood Disorders Project includes a five-year plan to address the region’s gaps in research, care and education in order to advance the diagnosis and management of paediatric cancer and blood disorders.

Elements of this five-year plan include using telemedicine, physician envoys, and the SickKids International Learner Programme to provide customized, hands-on training to local individuals, establishing and maintaining a patient registry to provide high-quality data and key outcomes, and increasing the knowledge of primary care practitioners and pharmacists in the region to improve cancer care access. Trainees will also travel from the Caribbean to SickKids on a regular basis for hands-on training and experience within the Garron Family Cancer Centre at SickKids.

For more information on the Caribbean-SickKids Paediatric Cancer and Blood Disorders Project, please visit www.sickkidsfoundation.com/caribbean. To watch a video about the Project, please visit: http://www.youtube.com/watch?v=xvntNAnvuSY.

About SickKids Foundation
Established in 1972, SickKids Foundation raises funds on behalf of The Hospital for Sick Children (SickKids) and is the largest charitable funder of child health research, learning and care in Canada. Philanthropy is a critical source of funding for SickKids — one of the world’s foremost paediatric health-care institutions. For the fiscal year ending March 31, 2012, SickKids Foundation made an investment of $61.3 million in children’s health, a direct result of community and corporate support. For more information, please visit www.sickkidsfoundation.com.

About Scotiabank
Scotiabank is committed to supporting the communities in which we live and work, both in Canada and abroad, through our global philanthropic program, Scotiabank Bright Future.  Recognized as a leader internationally and among Canadian corporations for our charitable donations and philanthropic activities, Scotiabank has provided on average approximately $47 million annually to community causes around the world over each of the last five years. Visit us at www.scotiabank.com.

For media enquiries:

Scotiabank
Paula Cufre, Scotiabank Media Communications, 416-866-4833 or
paula.cufre@scotiabank.com

SickKids Foundation
Janessa Bishop, Media Relations; 416-813-2944;
janessa.bishop@sickkidsfoundation.com

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