February 4, 2025
National Bank of Canada announces appointments to its Board of Directors #CanadaFinance

National Bank of Canada announces appointments to its Board of Directors #CanadaFinance

Financial Insights That Matter

  • National Bank welcomes two CWB nominees to its Board of Directors.

  • Chris FowlerCWB’s President and CEO, announces his retirement.

MONTREAL, Feb. 3, 2025 /CNW/ – As part of the previously announced closing of National Bank of Canada’s (“National Bank”) (TSX: NA) acquisition of Canadian Western Bank (“CWB”), National Bank announces the appointment of two CWB nominees to its Board of Directors. National Bank is pleased to welcome, as of February 3, 2025, Sarah Morgan-Silvester and Irfhan Rawji as directors.

National Bank logo (CNW Group/National Bank of Canada)
National Bank logo (CNW Group/National Bank of Canada)

National Bank also announced that Chris FowlerPresident and CEO of CWB, will retire from his current role effective March 1, 2025and will continue as Executive Advisor to Laurent FerreiraPresident and CEO of National Bank, until April 30, 2025.

“On behalf of the Senior Leadership Team at National Bank and CWB, I would like to recognize Chris for his impressive contributions to CWB over his 34-year tenure, and his continued engagement in Alberta’s business community. Chris has been instrumental in CWB’s growth and ambitious vision. I look forward to continuing to benefit from his sound advice and expertise on Western Canada ahead of his well-deserved retirement,” said Mr. Ferreira.

Mr. Fowler joined CWB in 1991 and was appointed President and CEO in 2013. He has made significant contributions to the business community as a director with the Business Council of Albertaand a member of both the Business Council of Canada and the University of Alberta Business Advisory Council. Mr. Fowler has also served as board member with the Art Gallery of Albertathe University Hospital Foundation, and as a campaign cabinet member for the United Way.  In 2022, Mr. Fowler was inducted into the Junior Achievement of Northern Alberta Business Hall of Fame. Mr. Fowler holds a Bachelor of Arts (Economics) and a Master of Arts (Economics) from the University of British Columbia.

Sarah Morgan-Silvester joins the Board of Directors of National Bank with an extensive background in financial services. She was most recently Chair of the Board for Canadian Western Bank. She was previously EVP, Personal Financial Services and Wealth Management of HSBC Bank Canada, and President and CEO of HSBC Trust Company (Canada). She currently serves on several boards including as Board Chair of Grosvenor Americas Partners. She served in the past as Chancellor of the University of British ColumbiaChair of Vancouver Fraser Port Authority, Chair of BC Women’s Hospital and Health Centre Foundation, and as a director of private companies and other organizations.

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