CIBC named one of Canada’s Best Diversity Employers for 13th consecutive year

Press Release

TORONTO, March 7, 2023 – CIBC is proud to announce that it has been named Canada’s Best Diversity Employer by MediaCorp Canada for the 13th consecutive year.

The annual award recognizes Canadian employers that have demonstrated exceptional initiatives, policies, and programs towards creating inclusive workplaces. CIBC was selected for launching ground-breaking initiatives that promote belonging and ensure everyone can achieve their full potential.

“Inclusion is a cornerstone of our bank’s culture,” said Sandy Sharman, Group Head of People, Culture and Brand. “Part of this commitment means that our team reflects the clients and communities we serve and that our people are equipped to practice intentional inclusion. The result is an engaged team able to create breakthrough ideas, promote inclusive client experiences and ultimately help our bank realize our purpose of helping our clients achieve their ambitions.”

CIBC’s efforts to promote greater access to opportunity:

• Making inclusion a priority starting from the top. CIBC’s President and Chief Executive Officer chairs the CIBC Inclusion and Diversity Leadership Council which oversees the implementation of the bank’s global inclusion strategy.
• Enhancing the health and wellbeing benefits available to employees. Childcare leave in Canada and in the US was extended to 17 weeks, and coverage for fertility treatments and medication was enhanced in Canada.
• Implementing a Reconciliation Framework. Opened a Legacy Space at CIBC’s global headquarters in Toronto, CIBC Square, in partnership with the Gord Downie Chanie Wenjack Fund and launched eight new modules in our 4 Seasons of Reconciliation eLearning developed in partnership with the First Nations University of Canada

Other notable awards and recognition include:

• Recognized as one of Canada’s Top 100 Employers (2023) and Canada’s Top 100 Employers for Young People (2023) for eleven consecutive years.
• Ranked among the 2022 LinkedIn Top Companies in Canada
• Ranked #1 in Canada for gender equality by Equileap’s 2022 Gender Equality Global Report & Ranking.
• Named to Bloomberg’s 2022 Gender-Equality Index for eight consecutive years
• Named one of the World’s Top Female-Friendly Companies by Forbes in 2022

To learn more about why you belong at CIBC, please visit: https://www.cibc.com/inclusion

About CIBC

CIBC is a leading North American financial institution with 13 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at www.cibc.com/en/about-cibc/media-centre.html.

For further information: Kira Smylie, CIBC Communications & Public Affairs, [email protected] or 416-980-2949

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