Canadian Imperial Bank of Commerce (CIBC) marked International Women’s Day with the announcement of a $1.5 million investment to support the leadership advancement and development of women in finance at two of Canada’s premier business schools.
CIBC (TSX:CM) is supporting its commitment to the advancement of women in financial services, with an investment of $1.5 million to fund 48 CIBC Women in Financial Services Scholarships and diversity education at both the Rotman School of Management in Toronto and the Richard Ivey School of Business in London, Ont.
“CIBC knows the benefit of diversity in the workplace and is committed to supporting the advancement of women in leadership,” says Richard Nesbitt, chief operating officer, CIBC.
“We are excited to be partnering with Rotman and Ivey to help start the careers of 48 high-potential women with scholarships, paid summer internships and executive mentoring. At the same time we will be investing in diversity education at Rotman and Ivey and providing CIBC executives to participate in the delivery of these modules.”
In addition to the scholarships and classroom support, CIBC will provide the recipients with enhanced learning through invaluable mentorship from CIBC business leaders, as well as practical experience and on-the-job training through quality internships at the bank and the opportunity to participate in CIBC’s workshops and networking events.