TORONTO, June 19,
2024 /CNW/ - Scotiabank and MD Financial Management
(MD) are pleased to announce Pamela
Allen, Chief Executive Officer (CEO), MD, has been
recognized as the 2024 Catalyst Honours Company/Firm Leader
Champion. This recognition was awarded to Pamela for her
outstanding contributions toward accelerating progress for women in
the workplace.
"Pamela is well-known across the Bank for being an impactful and
inclusive business leader, driven by her desire to effect change
through education, advocacy and mentorship opportunities for women
and other equity-deserving groups. On behalf of all of us at
Scotiabank, we would like to congratulate her for this
well-deserved recognition," said Scott
Thomson, President and CEO for Scotiabank.
As the first woman to become the CEO of MD, Pamela has been able
to support the professional, social and personal advancement of
women in both financial services and medicine due to MD's exclusive
focus on physicians as clients. She has used her position to
champion several influential programs to build inclusive workplaces
including:
- Creation of Project Diana, an extensive program designed to
support women physician clients with financial literacy and
wellness. Project Diana is intrinsically linked to the Scotiabank
Women Initiative which helps women grow businesses, advance careers
and invest in their futures.
- Developing the Women in Leadership program to provide the
knowledge and tools for women employees at MD to drive long,
successful careers as leaders. The program has been tremendously
successful, evidenced by half of MD's executive leadership and 58
per cent of MD employees being women.
- Inspiring more women at MD's Private Investment Counsel into
becoming Portfolio Managers by sponsoring a talent initiative to
ensure MD's women advisors were aware of the opportunities that
exist for them.
- Supporting MD's partnerships with inclusive physician-focused
organizations, such as the Federation of Medical Women of
Canada, the Indigenous Physicians
Association of Canada, the
Canadian Association of Physicians with Disabilities, and
sponsorships with the Black Physicians of Canada.
Pamela has also paved the way for future women CEOs at MD and
elsewhere in the financial services industry.
About Scotiabank
Scotiabank's vision is to be our clients' most trusted financial
partner, to deliver sustainable, profitable growth and maximize
total shareholder return. Guided by our purpose: "for every
future," we help our clients, their families and their communities
achieve success 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 assets of approximately $1.4 trillion (as at April
30, 2024), 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 X
@Scotiabank.
SOURCE Scotiabank