Sean McGuckin
announces retirement from Scotiabank
TORONTO, Oct. 30, 2018 /CNW/ - Scotiabank (TSX: BNS)
today announced the appointment of Rajagopal (Raj) Viswanathan as Executive Vice
President and Chief Financial Officer, effective November 1, 2018. Raj succeeds Sean McGuckin, who announced in May that he
would take a leave of absence to attend to an illness in his
family. Sean will retire as Chief Financial Officer on October 31, though he will support the Bank
during a transition period until December 31, 2018.
"Sean has had a long and distinguished career at Scotiabank for
over 27 years, holding senior roles in Global Risk Management and
Finance, as well as Audit," said Brian
Porter, President and CEO, Scotiabank. "On behalf of
all Scotiabankers, the Executive Team and the Board of Directors, I
want to thank him for his many contributions to the Bank and wish
him and his family well."
"It has been an honour and privilege to serve as Scotiabank CFO
for the last seven years," said Sean
McGuckin. "It was also a great pleasure working with
the many talented Scotiabankers over the last 27 years and the many
external stakeholders I had the opportunity to interact with."
Raj Viswanathan was appointed to the role of Acting Chief
Financial Officer in June 2018. As
EVP and Chief Financial Officer, Raj will oversee the Finance
Department, including Investor Relations, Taxation, Economics and
Strategic Transactions functions at the Bank, as well as the
Structural Cost Transformation project.
"Raj is an exceptional finance leader who has proven his depth
of business acumen and his drive to better serve all of our
stakeholders during his time as Acting CFO," said Brian Porter. "Raj's wide-ranging
financial experience and his proven track record of delivering
results have positioned him well to carry out this critical role on
our executive leadership team."
Raj joined Scotiabank in 2002 and has held progressively senior
positions in Internal Audit and Finance since that time. In
2014, Raj was appointed Senior Vice President & Chief
Accountant. In this role, Raj was responsible for overseeing
the Chief Accountant's group which includes Group responsibilities
for: Capital Management, Accounting Policies & Procedures, and
Financial Analysis and Reporting. Raj also led the Bank's
multi-year Finance Transformation project.
About Scotiabank
Scotiabank
is Canada's international bank and a leading financial
services provider in the Americas. We are dedicated to helping our
25 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
96,000 employees and assets of $947 billion (as
at July 31, 2018), Scotiabank trades on the Toronto Stock
Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS).
For more information, please visit www.scotiabank.com and
follow us on Twitter @ScotiabankViews.
SOURCE Scotiabank