Bank of Nova Scotia Monday announced executive management changes, including the creation of a new position, executive vice president, enterprise effectiveness.

The new role will have responsibility for enhancing organizational effectiveness as the Scotiabank aligns its global priorities and strategies with its approach to evolving regulatory, compliance and governance trends.

Luc Vanneste, currently executive vice president and CFO, will move to this new position, and Sean McGuckin, currently senior vice president and head, risk policy and capital markets, global risk management, will be taking on the role of executive vice president and CFO.

Both appointments are effective January 2, 2012.

Two other appointments take effect December 19.

Marianne Hasold-Schilter, currently senior vice president and chief auditor, becomes executive vice president and chief administrative officer, international banking.

Grant Mick, currently senior vice president, credit, capital markets, and treasury audit, takes on the role of senior vice president and chief auditor.

“Scotiabank (TSX:BNS) remains firmly committed to our key business priorities: sustainable and profitable revenue growth, prudent balance sheet management, leadership, risk management and efficiency,” said Rick Waugh, president and CEO, Scotiabank, in a release.