CIBC’s Dodig pushes his strategy as recession fear hits banking sector ...Qatar

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In his eight years as chief executive officer of Canadian Imperial Bank of Commerce, Victor Dodig has turned the lender into one of the country’s fastest-growing banks. His next task is convincing investors the change will stick. Under Dodig, CIBC charged into the US with the purchase of wealth manager and commercial lender PrivateBancorp Inc. Its Canadian retail-banking unit has produced strong growth, helped by huge investments in technology. More recently, the company opened a new headquarters in downtown Toronto and refreshed its branding with a more modern look.   The result is that CIBC has posted the second-best revenue and profit increases among Canada’s six largest banks during Do

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