Business
Scotiabank appoints Travis Machen to lead Global Banking and Markets business
Scotiabank appoints Travis Machen to lead Global Banking and Markets business Canada Ne...
About this update from Bank Of Nova Scotia
[{"type":"text","content":"\n \n \n \n Scotiabank appoints Travis Machen to lead Global Banking and Markets business\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n April 29, 2024\n \n \n /CNW/ - Scotiabank today announced that Travis Machen has been appointed CEO and Group Head of its Global Banking and Markets (GBM) business, effective\n \n May 6, 2024\n \n .\n \n \n \n \n \n \n \n \n \n In this role, Mr. Machen will be responsible for leading the execution of a global banking business strategy that builds on Scotiabank's unique North American reach and GBM's strategic presence in\n \n Latin America\n \n ,\n \n Europe\n \n and\n \n Asia Pacific\n \n . He will focus on expanding product offerings and earning more primary clients to deliver sustainable and profitable growth for the Bank's GBM business which provides corporate clients with lending and transaction services, investment banking advice and access to capital markets in 20+ countries. The business serves clients across\n \n Canada\n \n ,\n \n the United States\n \n and\n \n Latin America\n \n with a strategic presence in\n \n Europe\n \n and\n \n Asia-Pacific\n \n .\n \n \n \"Travis is a forward-thinking leader with the vision and experience to lead our Global Banking and Markets business,\" said\n \n Scott Thomson\n \n , President and CEO, Scotiabank. \"Throughout his career in corporate, investment and commercial banking, Travis has earned a reputation for being a client-focused relationship banker. I am confident in his ability to build our business across our key markets, and to execute on our strategy for our clients, our Bank and our shareholders.\"\n \n \n Mr. Machen brings more than 25 years of industry expertise to his new role at Scotiabank. He was most recently Managing Director and Head of Banks, Diversified and Financial Infrastructure at Morgan Stanley, and previously, Managing Director and Group Head, Financial Institutions Group, Corporate and Commercial Banking at JPMorgan Chase where he provided expertise and advisory serv...