CIBC Global Asset Management names new CIO, VP

CIBC Global Asset Management has appointed Suzann Pennington as its new chief investment officer.

Pennington will remain head of equities and continue to manage the Canadian all-cap mandate.

And Stephen Carlin has joined as vice-president of Canadian Equities. Prior to joining CIBC, he was at Aegon Capital Management.

“These appointments further strengthen our ability to deliver superior investment results and manage risks for our clients,” says Steve Geist, president and CEO of CIBC Global Asset Management.