Former Minister Navdeep Bains Appointed CIBC Vice-Chair, Global Investment Banking

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TORONTO – Justin Trudeau’s Go-To-Man during the election is heading into high finance with an investment banking post at CIBC.

CIBC announced that former Trudeau cabinet minister Navdeep Bains will be joining the bank as Vice-Chair, Global Investment Banking effective October 4. Bains brings proven leadership in the public and private sector, and deep expertise in shaping Canada’s innovation policy to his new role. As part of CIBC’s Capital Markets team, he will focus on developing and fostering senior level client relationships and business development globally.

“Our clients in the innovation and technology sectors are seeking to expand their opportunities in a rapidly changing environment, and Navdeep’s experience will enhance the perspective and advice we can offer,” said Roman Dubczak, Managing Director and Head, Global Investment banking. “Together with the Honourable Lisa Raitt, our senior advisory team will offer unparalleled insights into public and industrial policy issues.”

Committed to supporting entrepreneurship and serving his community, Mr. Bains started his career as a Financial Analyst, transitioning to federal politics in 2004. Most recently, he served as Minister of Innovation, Science and Industry, and has deep expertise on a wide range of policy issues including international trade, government operations, sustainability, small business, and human rights. As a community advocate, he has held board positions with the Mississauga Food Bank and Heart and Stroke Foundation.

“We’re thrilled to welcome Navdeep to our team, and are committed to help make our clients’ ambitions a reality,” said Mr. Dubczak.