Richard Nesbitt

Chairman and Chief Executive Officer, CIBC World Markets

Richard Nesbitt is chairman and chief executive officer of CIBC World Markets, responsible for the global operations of the investment and corporate banking, capital markets, merchant banking and real estate finance businesses of Canadian Imperial Bank of Commerce.

Mr. Nesbitt has more than 20 years of experience in the securities industry. From 2004 to 2008 he was Chief Executive Officer of TSX Group having joined TSX as President of TSX Markets in 2001. Prior to joining the company in 2001, Mr. Nesbitt served as President and Chief Operating Officer of BayStreetDirect Inc., an Internet based investment dealer. Before that Mr. Nesbitt was President and Chief Executive Officer of HSBC Securities Canada for three years, after having worked for ten years at CIBC Wood Gundy. He also has worked with Mobil Oil Canada Ltd., for five years and spent two years as a Lecturer at The University of Western Ontario School of Business.

Mr. Nesbitt holds an M.Sc. in Accounting and Finance from the London School of Economics and Political Science, an MBA from the University of Toronto, and a B.A. (Honours) in Business Administration from The University of Western Ontario.

Mr. Nesbitt is a member of the Board of Directors of Frontier College Foundation and the Prostate Cancer Research Foundation of Canada.

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